I am to blame. No one else. Period. All brokers, all wall streets - all of it: https://youtube/watch?v=x-CtLWb4wPQ Colleagues, On basic education, some critical information has been overlooked, which is not good for academic reputation. This patch, with the attached overviews, is shared to aid a better understanding of obligations, contract obligations in public, private and household business. Easy rules introduce this far reaching subject; it starts with contract simplicity: Every contract … duty… imposes an obligation of good faith in its performance and enforcement. Good faith … means honesty in fact …. “Fact” Honesty Obligation, The Duty The essence of this obligation resides in “numbers” – the contract numbers. The missing details about contract honesty in fact centers on validating numbers inserted into contracts, small to jumbo. Some have asked, “How does one validate the legality of contract numbers picked, charged or attempted to be charged”? The answer is self evident. It requires proof - paper backed proof of compliance, honestly tendered on request. Only by tendering such proof can one meet “the obligation” of “honesty in fact” - about “number facts”. Included in this package are some examples of what those papers look like, blended with a few more rules that govern this micro aspect of our local economy. The “independent cost study” … determines the presumed validity or invalidity the price attempted to be charged. Time measures quantity. We measure quality. Hiding these key papers triggers the law of “declared illegal contracts”: Every contract … or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Material Breach: A breach of contract that is significant enough to permit the aggrieved party to elect to treat the breach as total, thus excusing that party from further performance or obligation to pay, and affording the right to sue for damages. If one doesn’t fully understand the above, one might consider obligation to “investigate” what “it” means. The enclosed provides those details - to avoid possible “bad faith” exposure: The duty of good faith and fair dealing … is… absolute …. The nonperformance by one party of its contractual duties cannot excuse a breach of the duty of good faith and fair dealing …. §1-304 – Obligation and duty. § 2-103 (b). Definitions and Index of Definitions. Garrett v. Coast & Southern Fed. Sav. & Loan Assn. (1973) 9 Cal.3d 731, 738-739. Capital, 3:10. 15 U.S.C. Section 1, The Sherman Act. Black’s Law Dictionary, at page 156 ((Abridged 8th Ed. 2005). Gruenberg v. Aetna Insurance Co. 9 Cal.3d 566, 574-575 (1973).
Posted on: Tue, 20 Jan 2015 03:05:45 +0000
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