Case Essay Example | Topics and Well Written Essays - 1000 words - 4

Case - Essay Example Through the bill of sale, Riley transferred to Thelma one-half undivided interest in seven units of the property. Through the assignment, Riley also assigned one-half undivided interest in the lease property. This interest included the right of survivorship in favor of Thelma for the other half interest held by Riley. The consideration for both of these agreements was $1.00. The two separated and Thelma went to court seeking to end their domestic partnership as well as enforce the two agreements. According to Riley, the two agreements lacked consideration. On the other hand, Thelma argued that their pending engagement and the amount that she had deposited into their joint account was sufficient consideration for the enforcement of both agreements. The trial court upheld the agreement and divided the property in accordance with the sale agreement as well as the assignment. Riley was not satisfied with the decision of the trial court and went to the Court of Appeal of Tennessee to appeal against the decision of the trial court. Reasons: the court looked at the two agreements and examined them to check whether the four elements that a valid contract should fulfill were present. These four elements are offer, acceptance, consideration and intention to enter into a legally binding contract. The court in looking at the element of consideration, ruled that it was adequate. In a contract, consideration need adequate but sufficient. The court stated that consideration however small is sufficient consideration. It is the responsibility of the seller to seek Consideration is the element that distinguishes a gift from a sale and in this circumstance; the court held that the detriment suffered by the defendant in this case does not have to be equal to the responsibility that is assumed. So long as there was no fraud in passing the interests, the court could

Critical Reasoning and Information Analysis Essay

Critical Reasoning and Information Analysis - Essay Example The more we learn about neuroscience, the more we understand that information literacy is a fundamental aspect of the human brain (Kandel & Squire 2000), and that humans are simply more naturally adapted to understanding certain things (like personal experience) than others (like numerical data). This sheds light on why we understand the world in the way we do. Like neuroscience, information technology is a growing field that is having a growing impact on the world. Firstly, it, for the first time, gives humans a different kind of intelligence to compare ours to: we can understand ourselves by seeing how different or similar computers are when serving different functions (Schellhammer 2008). Furthermore, information technologies like the internet are giving humans a broader understanding of our identity as going past small scale, tribal allegiances, because they allow for much more communication over large ranges. This communication is incredibly important, because social understandings play an important role in critical thinking. There are many cases where one’s social or cultural atmosphere have drastic impacts on the way they understand the world. Firstly, we pay a great deal more attention to those things that happen in proximity to us: which includes both personal actions, and friends. That means that problems that are common in one’s social group, for instance, will appear disproportionately larger than a more important problem that happens to people that are unrelated to you. This bias can cloud critical thinking, and must be avoided. The problem is, however, that other ways of understanding the world (such as universal laws of logic) do not function much better. This is because we are hard-wired to pay less attention to logic than emotions, as emotions played a more important role in our evolutionary history. So while universal logic might seem important at understanding things in a globalized society, it can often be ignored.