The Statute of Frauds in the Light of the Functions and Dysfunctions of Form
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Shattering and Moving Beyond the Gutenberg Paradigm: the Dawn of the Electronic Will
University of Michigan Journal of Law Reform Volume 42 2008 Shattering and Moving Beyond the Gutenberg Paradigm: The Dawn of the Electronic Will Joseph Karl Grant Capital University Law School Follow this and additional works at: https://repository.law.umich.edu/mjlr Part of the Estates and Trusts Commons, and the Science and Technology Law Commons Recommended Citation Joseph K. Grant, Shattering and Moving Beyond the Gutenberg Paradigm: The Dawn of the Electronic Will, 42 U. MICH. J. L. REFORM 105 (2008). Available at: https://repository.law.umich.edu/mjlr/vol42/iss1/4 This Article is brought to you for free and open access by the University of Michigan Journal of Law Reform at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in University of Michigan Journal of Law Reform by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. SHATTERING AND MOVING BEYOND THE GUTENBERG PARADIGM: THE DAWN OF THE ELECTRONIC WILL Joseph Karl Grant* INTRODUCTION Picture yourself watching a movie. In the film, a group of four siblings are dressed in dark suits and dresses. The siblings, Bill Jones, Robert Jones, Margaret Jones and Sally Johnson, have just returned from their elderly mother's funeral. They sit quietly in their mother's attorney's office intently watching and listening to a videotape their mother, Ms. Vivian Jones, made before her death. On the videotape, Ms. Jones expresses her last will and testament. Ms. Jones clearly states that she would like her sizable real estate holdings to be divided equally among her four children and her valuable blue-chip stock investments to be used to pay for her grandchildren's education. -
Norms, Formalities, and the Statute of Frauds: a Comment
University of Chicago Law School Chicago Unbound Journal Articles Faculty Scholarship 1996 Norms, Formalities, and the Statute of Frauds: A Comment Eric A. Posner Follow this and additional works at: https://chicagounbound.uchicago.edu/journal_articles Part of the Law Commons Recommended Citation Eric Posner, "Norms, Formalities, and the Statute of Frauds: A Comment," 144 University of Pennsylvania Law Review 1971 (1996). This Article is brought to you for free and open access by the Faculty Scholarship at Chicago Unbound. It has been accepted for inclusion in Journal Articles by an authorized administrator of Chicago Unbound. For more information, please contact [email protected]. NORMS, FORMALITIES, AND THE STATUTE OF FRAUDS: A COMMENT ERIC A. POSNERt INTRODUCTION Jason Johnston's Article makes three contributions to the economics and sociology of contract law.' First, it provides a methodological analysis of the use of case reports to discover business norms. Second, it makes a positive argument about the extent to which businesses use writings in contractual relations. Third, it sets the stage for, and hints at, a normative defense of the Uniform Commercial Code (UCC) section 2-201. Although the first contribution is probably the most interesting and useful, I focus on the second and third, and comment only in passing on the first. I conclude with some observations about the role of formalities in contract law. I. JOHNSTON'S POSITIVE ANALYSIS A. The Hypothesis Johnston's hypothesis is that "strangers" use writings for the purpose of ensuring legal enforcement. "Repeat players" do not use writings for this purpose because they expect that nonlegal sanctions will deter breach. -
Some Comparisons Between Anglo-American Common Law And
82 SOME COMPARISONS BETWEEN ANGLO-AMERICAN COMMON LAW AND DUTCH CIVIL LAW HENDRIK ZWARENSTEYN In a talk given May 2, 1958, as Director of the Ford Foundation Study of Business Education, at the Annual Meeting of the American Association of Collegiate Schools of Business, Professor R. A. Gordon (Professor of Eco nomics, University of California at Berkeley) stated that it is hard to think of any other form of professional training "which has to contend with as much heterogeneity in occupation and career as does business education.''1 One of the ways in which business men may differ is in regard to the functions they perform. Since, by and large, business firms are engaged in buy ing and selling, we may, on special occasions, focus on the international di mension of buying and selling. And as regards international business transactions, the necessity of studying the legal environment in which such business trans actions take place should be obvious. And here is where the heterogeneity of our profession may find expression through a discussion of the comparison of two legal systems which seem mutually remote. For us who are also members of the legal profession-besides being engaged in training the business managers of tomorrow-this discussion should further serve to illustrate how the horizons of law are, by necessity, gradually widening. Members of the legal profession are increasingly being called upon to advise business men who are engaged in international trade or finance. 2 This requires, by necessity, that "business lawyers" acquire an understanding-at least an awareness-of other legal systems. -
Electronic Seal Certificates
Certification Policy Electronic Seal Certificates Version: 190507 Classification: Public Certification Policy Electronic Seal Certificates Version history Version Section and changes Date of publication 190121 ● New Certification Policy for Electronic Seal 21/01/2019 Certificates that groups together all existing policies regarding this type of certificate. May be consulted at http://firmaprofesional.com/cps 190507 ● Homogenization of the terminology of Public 07/05/2019 Administration Seal. ● Period of validity of Public Administration Seal certificates increased from 3 to 5 years. ● Validation of applicant’s email before issuing the certificate. ● Changed the CA that issues the Public Administration Seal to “AC Firmaprofesional - CUALIFICADOS”. Page 2 of 12 Certification Policy Electronic Seal Certificates Index 1. Introduction 4 1.1. General description 4 1.2. Identification of the Document 5 2. Participating entities 6 2.1. Certification Authorities (CA) 6 2.2. Registration Authority (RA) 6 2.3. Applicant 6 2.4. Subscriber 7 2.5. Third parties trusting in certificates 7 3. Certificate features 7 3.1. Certificate Validity Period 7 3.2. Specific use of certificates 8 3.2.1. Appropriate use of certificates 8 3.2.2. Non authorised use of certificates 8 3.3. Rates 8 4. Operations procedures 9 4.1. Certificate issuance process 9 4.2. Certificate revocation 11 4.3. Certificate renewal 11 5. Certificate profiles 12 Page 3 of 12 Certification Policy Electronic Seal Certificates 1. Introduction 1.1. General description Firmaprofesional issues this Certification Policy for Electronic Seal Certificates, grouping together distinct policies that defines certificates intended to sign, on behalf of the organization or body, electronic documents automatically under the responsibility of the certificate subscriber. -
United States District Court Southern District of Indiana New Albany Division
Case 4:06-cv-00074-JDT-WGH Document 45 Filed 08/07/07 Page 1 of 19 PageID #: <pageID> UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF INDIANA NEW ALBANY DIVISION MADISON TOOL AND DIE, INC., ) ) Plaintiff, ) ) vs. ) 4:06-cv-0074-JDT-WGH ) ) ZF SACHS AUTOMOTIVE OF AMERICA, ) INC., ) ) Defendant. ) ENTRY ON DEFENDANT’S MOTION FOR SUMMARY JUDGMENT AND MOTION TO STRIKE JURY DEMAND (Docs. No. 21 & 29)1 This matter comes before the court on Defendant’s Motion for Summary Judgment and Motion to Strike Jury Demand. (Docs. No. 21 & 29.) Plaintiff Madison Tool and Die, Inc. (“Madison”) filed this cause in Jefferson County, Indiana, Circuit Court alleging that Defendant ZF Sachs Automotive of America, Inc. (“Sachs”) breached a contract under which Madison was to supply parts to Sachs. On May 11, 2006, Defendant removed this case to United States District Court for the Southern District of Indiana. (Doc. No. 1.) (The parties are diverse and the amount in controversy exceeds $75,000.) On March 22, 2007, Defendant filed a motion for summary judgment alleging that the Indiana Statute of Frauds (“Statute of Frauds” or “Statute”) rendered the alleged oral contract unenforceable and that promissory estoppel does not take this oral 1 This Entry is a matter of public record and will be made available on the court’s web site. However, the discussion contained herein is not sufficiently novel to justify commercial publication. Case 4:06-cv-00074-JDT-WGH Document 45 Filed 08/07/07 Page 2 of 19 PageID #: <pageID> contract or promise outside the operation of the Statute. -
Module Cuzl331 Commercial Law 1: Agency and Sales
MODULE CUZL331 COMMERCIAL LAW 1: AGENCY AND SALES Maureen Banda-Mwanza LLB (UNZA), ACIArb ACKNOWLEDGEMENTS In the formulation of this module, tailored for the exclusive use of Cavendish University, the Author referred to various renown Commercial law books, quotations of which shall be minimized as much as is practicable. The good authors of the renowned works aforementioned are fully acknowledged for the relevance of their various pieces of work in the study of Commercial Law. CONTENTS PAGE TOPIC 1 TOPIC 1 AGENCY AT the end of this unit, students should be able to understand: 1. The requirements in forming an agency contract, formalities and capacity, 2. Authority of an agent 3. The duties of an agent 4. The Agent’s right against the Principal 5. The Principal’s relation with third parties 6. Various types of agency 7. How to terminate an Agency agreement Introduction Agency is one of the essential features of Commercial law. Commercial law is the law governing business contracts, bankruptcy, patents, trade-marks, designs, companies, partnership, export and import of merchandise, affreightment, insurance, banking, mercantile agency and usages. Agency can therefore be defined in the relationship which arises when one person (an agent) acts on behalf of another person (the principal) in a manner that the agent has power to affect the principal’s legal position with regard to a third-party. Common law explains the basic rule of an agency relationship in the Latin maxim “Qui facit per alium, facit per se” the literal English translation of which is he who acts by another acts by himself. -
Estoppel to Avoid the California Statute of Frauds Philip H
McGeorge Law Review Volume 35 | Issue 3 Article 4 1-1-2004 Estoppel to Avoid the California Statute of Frauds Philip H. Wile University of the Pacific; cGeM orge School of Law Kathleen Cordova-Lyon University of the Pacific; cGeM orge School of Law Claude D. Rohwer University of the Pacific; cGeM orge School of Law Follow this and additional works at: https://scholarlycommons.pacific.edu/mlr Part of the Law Commons Recommended Citation Philip H. Wile, Kathleen Cordova-Lyon & Claude D. Rohwer, Estoppel to Avoid the California Statute of Frauds, 35 McGeorge L. Rev. 319 (2004). Available at: https://scholarlycommons.pacific.edu/mlr/vol35/iss3/4 This Article is brought to you for free and open access by the Journals and Law Reviews at Scholarly Commons. It has been accepted for inclusion in McGeorge Law Review by an authorized editor of Scholarly Commons. For more information, please contact [email protected]. Estoppel to Avoid the California Statute of Frauds Philip H. Wile,* Kathleen C6rdova-Lyon** and Claude D. Rohwer*** TABLE OF CONTENTS I. THE STATUTE OF FRAUDS AND EQUITABLE ESTOPPEL ............................ 321 II. SEYMOUR AND ITS PROGENY ..................................................................... 325 III. THE IMPACT OF THESE INROADS ON THE STATUTE OF FRAUDS .............. 337 IV. THE UNJUST ENRICHMENT CASES ............................................................ 341 V. FULLER'S THREE FUNCTIONS REVISITED ................................................. 344 VI. MONARCO AND ITS PROGENY .................................................................... 344 V II. THE BROKER CASES ................................................................................. 355 VIII. THE STATUTE OF FRAUDS IN ARTICLE 2 .................................................. 363 IX. THE CALIFORNIA PRINCIPLES AND THE RESTATEMENT ........................... 364 The statute of frauds was enacted to prevent fraud.' The statute of frauds 2 cannot properly be asserted as a defense when to do so would perpetrate a fraud. -
English Contract Law: Your Word May Still Be Your Bond Oral Contracts Are Alive and Well – and Enforceable
Client Alert Litigation Client Alert Litigation March 13, 2014 English Contract Law: Your Word May Still be Your Bond Oral contracts are alive and well – and enforceable. By Raymond L. Sweigart American movie mogul Samuel Goldwyn is widely quoted as having said, ‘A verbal contract isn’t worth the paper it’s written on.’ He is also reputed to have stated, ‘I’m willing to admit that I may not always be right, but I am never wrong.’ With all due respect to Mr Goldwyn, he did not have this quite right and recent case law confirms he actually had it quite wrong. English law on oral contracts has remained essentially unchanged with a few exceptions for hundreds of years. Oral contracts most certainly exist, and they are certainly enforceable. Many who negotiate commercial contracts often assume that they are not bound unless and until the agreement is reduced to writing and signed by the parties. However, the courts in England are not at all reluctant to find that binding contracts have been made despite the lack of a final writing and signature. Indeed, as we have previously noted, even in the narrow area where written and signed contracts are required (for example pursuant to the Statute of Frauds requirement that contracts for the sale of land must be in writing), the courts can find the requisite writing and signature in an exchange of emails.1 As for oral contracts, a recent informative example is presented by the case of Rowena Williams (as executor of William Batters) v Gregory Jones (25 February 2014) reported on Lawtel reference LTL 7/3/2014 document number AC0140753. -
The Supreme Court of Appeal of South Africa Judgment
THE SUPREME COURT OF APPEAL OF SOUTH AFRICA JUDGMENT Not Reportable Case No: 1410/2016 In the matter between: ADHU INVESTMENTS CC FIRST APPELLANT HUGO HEINRICH KNOETZE SECOND APPELLANT LIVISPEX (PTY) LTD THIRD APPELLANT and KUMARAN PADAYACHEE RESPONDENT Neutral citation: Adhu Investments v Padayachee (1410/2016) [2019] ZASCA 63 (24 May 2019) Coram: Cachalia, Tshiqi, Schippers JJA, Gorven and Eksteen AJJA Heard: 10 May 2019 Delivered: 24 May 2019 Summary: Contract – joint venture – damages based on breach of agreement - joinder on the basis of a stipulatio alteri – tacit term – whether stipulatio alteri established. 2 ______________________________________________________________________ ORDER ______________________________________________________________________ On appeal from: Gauteng Division of the High Court, Johannesburg (Opperman AJ sitting as court of first instance): 1 The first and second appellants’ appeal is dismissed with costs. 2 The third appellant’s appeal is upheld with costs and the order of the court a quo is set aside and substituted by the following: ‘(a) The exit agreement dated 28 July 2010 is rectified by deletion, on page 1 in clause 1.2.2 and on page 14 thereof, of the words ‘ADHU Investments 243 CC’ and the substitution thereof by the words ‘Adhu Investments CC’. (b) Judgment is granted against the first and second defendants, jointly and severally, the one paying the other to be absolved, for: (i) Payment of the sum of R2.5 million to the plaintiff; (ii) Interest on the sum of R2.5 million at 15,5% per annum from 1 December 2010 to 1 August 2014 and thereafter at 9% per annum to the date of payment: (iii) Costs of the action as between attorney and client; (c) The plaintiff’s claim against the third defendant is dismissed with costs.’ ______________________________________________________________________ JUDGMENT ______________________________________________________________________ Eksteen AJA (Cachalia, Tshiqi, Schippers JJA and Gorven AJA concurring): 3 [1] A fallout between business partners lies at the heart of the appeal. -
Singapore Court of Appeal Clarifies Requirements on Execution of Deeds
CASEWATCH MARCH 2021 Singapore Court of Appeal Clarifies Requirements on Execution of Deeds The Singapore Court of Appeal has affirmed that sealing remains a key requisite for the execution of a deed, which is valid by being “signed, sealed and delivered”: Lim Zhipeng v Seow Suat Thin and another matter [2020] SGCA 89 (“Lim Zhipeng”). Our Comments Lim Zhipeng is significant as the Court of Appeal has clarified that sealing remains a crucial requirement for construing that a deed has been validly executed, and notwithstanding developments in the common law that have expanded the scenarios under which a document has been proved to be executed under seal, the court will look beyond the words of the document referring to it as having been sealed. While a seal may not need to take the form of wax (as was historically used) or the circular wafer seal commonly used nowadays, the Court of Appeal has held that there must be evidence of a party’s intention in sealing the document beyond using in the document the words “executed as a deed” and the parties’ signing next to the words “signed, sealed and delivered”. In Lim Zhipeng, the Court of Appeal explored cases where the requirement of sealing was satisfied by green ribbon attached to a document evidencing where a physical seal should have been together with certificates certifying the document was a deed and a printed circle with the letters ‘L.S.’ within it countersigned by the executing party, which evidenced parties’ intention to seal the document they were signing. In the modern day, a physical manifestation of a seal could be represented by an electronic red seal similar to the circular wafer seal commonly stuck onto documents to meet the requirements of sealing. -
The Cohen Case and the One Year Provision of the Statute of Frauds
Fordham Law Review Volume 25 Issue 4 Article 7 1956 The Cohen Case and the One Year Provision of the Statute of Frauds Follow this and additional works at: https://ir.lawnet.fordham.edu/flr Part of the Law Commons Recommended Citation The Cohen Case and the One Year Provision of the Statute of Frauds, 25 Fordham L. Rev. 720 (1956). Available at: https://ir.lawnet.fordham.edu/flr/vol25/iss4/7 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Law Review by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact [email protected]. FORDHAM LAW REVIEW [Vol. 25 of an indemnity agreement. The failure to consider this principle may result in an injustice to the insured. This point may be illustrated by contrasting the O'Dowd and Union Paving cases. The basis of the injured party's cause of action in the former case was that the Housing Authority was passively negligent and the insured was actively negligent. The theory of the cross-claim was that the insured was ultimately liable on its indemnity agreement because it had been solely negligent. Thus an implied in law obligation to indemnify was easily recognized as the real basis of the insured's liability. In the latter case, however, the Paving Company's complaint merely alleged the sweeping indemnity agree- ment as the basis of the insured's liability. The important difference in the two cases is that in the latter the court failed to recognize the possibility of a liability of the insured which (though in form the result of his indemnity agree- ment) was in substance a liability he would have incurred in the absence of such an agreement. -
The Statute of Frauds and Partnership/Operating Agreements
November–December 2008 State Law & State Taxation Corner By Thomas E. Rutledge The Statute of Frauds and Partnership/Operating Agreements n a recent decision, Olson v. Halvorsen,1 the Delaware Supreme Court addressed whether the IStatute of Frauds, as it relates to agreements that are not susceptible to performance within one year, is applicable to LLC operating agreements. In this in- stance, and as a matter of law, the Delaware Chancery Court held that the Statute of Frauds does apply to those aspects of an oral operating agreement that are not susceptible to performance within a single year. Olsen v. Halvorsen and Its Facts Olsen, Halvorsen and Ott formed a series of com- panies for the purpose of operating a pair of hedge funds, Viking Global Equities LP and Viking Global Equities III Ltd., focused on, respectively, on-shore and off-shore opportunities. Viking Global Found- ers LLC (“Founders”), whose relationship with the two hedge fund limited partnerships is never made express in the opinion, had as members Olsen, Halvorsen and Ott. The draft operating agreement of Founders, which agreement was never signed, contained an earn-out provision entitling a departing partner to an earn-out over six years. For several of the other related companies, written operating agree- ments were executed and put in place. In 2005, Halvorsen and Ott, with Halvorsen repre- senting a 55-percent interest and Ott a 22.5-percent interest, determined to expel Olsen from the busi- ness. Consequent to that determination, they paid to Olsen his capital account balance and the remainder Thomas E.