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Accounting Principles 3 - Revenue Recognition Concept
In this video we will be teaching that Revenue recognition is when both the parties agrees on certainity of the sales that are recorded as revenue. The auditor is the qualified official whos duty is to check the accurancy of business...
TLDR News
Why Third Parties Struggle in the US Democratic and Republican Dominance in America - TLDR News
Politics in the United States tend to be dominated by the two major parties, with third parties rarely playing a major role. So in this video, we explain who the biggest other parties are, what they stand for and why they struggle to...
The Business Professor
How Parties Initiate Mediation
This Video Explains How Parties Initiate Mediation
The Business Professor
Process for Mediating a Legal Dispute
This Video Explains Process for Mediating a Legal Dispute
The Business Professor
Exceptions to Consideration in Contract Law
In this video, the speaker discusses exceptions to the requirement of consideration in enforceable contracts. These exceptions include detrimental reliance or promissory estoppel, agreements to pay existing debts, reaffirmation of...
The Business Professor
Understanding Partnership Agreements
The video provides an overview of what a partnership agreement entails and its significance in organizing and governing a partnership. The video also provides valuable insights into the importance and contents of a partnership agreement.
The Business Professor
Understanding Voluntary and Mandatory Arbitration
This video provides a clear explanation of the difference between voluntary and mandatory arbitration. The video also mentions that the standard for review differs between the two types of arbitration.
The Business Professor
How do parties challenge a mediation settlement agreement
This Video Explains How parties challenge a mediation settlement agreement
The Business Professor
Types of Damages and Equitable Remedies for Breach of Contract
This video discusses the various types of damages and equitable remedies available to parties in the event of a breach of contract. It explains the concept of compensatory damages, which includes expectation and consequential damages, as...
Seven Dimensions
Understanding the Dynamics of Conflict
This video provides an overview of the four paths to resolving conflict, highlighting the importance of understanding conflict dynamics, diffusing emotions, establishing common ground, and learning how to mediate conflicts between...
The Business Professor
Understanding Arbitration: An Alternative to Trial
This video provides an explanation of arbitration as a form of alternative dispute resolution. The speaker describes how parties can choose to submit their dispute to an arbitrator instead of going through a traditional trial process....
The Business Professor
Types of Damages in Contract Law
The video explains the different types of damages that can be recovered in a contract action, specifically focusing on compensatory damages, consequential damages, nominal damages, and liquidated damages. The speaker provides examples...
The Business Professor
Unilateral Benefit and Mutual Benefit Bailment
This Video Explains Unilateral Benefit and Mutual Benefit Bailment
The Business Professor
Defenses Available for Strict Liability Actions
This video discusses the defenses available for strict liability actions. It explains that contributory and comparative negligence do not apply to strict liability cases, but assumption of risk and misuse of a product can be defenses....
TLDR News
What if America had More Political Parties? - TLDR News
America might be the archetypal two-party system, but what if they had more parties (well more serious ones). So in this video we take a look at the parties that the country could do with, what they'd represent and most importantly who...
The Business Professor
Understanding Anticipatory Repudiation of a Contract
This video provides an explanation of anticipatory repudiation of a contract, which occurs when one party seeks to get out of a contract based on the anticipation that the other party will breach the agreement. The speaker explains the...
The Business Professor
Understanding the Arbitration Process and Rules
This video discusses the process and rules for carrying out an arbitration, which is a method of dispute resolution outside of the court system. The video covers both voluntary and mandatory arbitration and explains the applicable laws...
The Business Professor
Duty of Performance - Contract Law
This Video Explains Duty of Performance - Contract Law
The Business Professor
Understanding Contract Vocabulary
This video explains important vocabulary and concepts related to contracts, such as enforceability, valid contracts, unenforceable contracts, void contracts, and voidable contracts. The speaker elaborates on each term and provides...
The Business Professor
Understanding Pleadings in a Lawsuit: Complaints, Summons, and Answers
The video explains the concept of pleadings in a legal context. The speaker explains how a case is initiated with the filing of a complaint by the plaintiff, and how the defendant is served with a summons and complaint. The video also...