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54 - General Principles of Financial Planning (d) Quasi-contract Not actually a contract, but can act like one It serves as a remedy where someone has unjustly received a bene t but where there was no contract (e) Unenforceable contract A contract can exist because it has all of the elements of a valid contract However, at least one of the parties may have a defense that can be used to render it unenforceable, such as the Statute of Frauds or a material breach of contract D Two topics in contract law, which are unrelated to each other, concern written agreements (1) The Statute of Frauds states in general that a contract does not have to be in writing in order to be enforceable However, there are exceptions to this general rule The following contracts must be in writing to be enforceable: (a) A promise to answer for debts of another For example, one person promises to pay a debt and another person guarantees that promise The guarantee must be in writing to be enforceable (b) A contract to transfer an interest in real estate must be in writing (c) A contract that cannot, by its terms, be performed within one year from the date of agreement must be in writing (d) The Uniform Commercial Code (UCC) on the sale of goods of $500 or more must be in writing (2) The parol evidence rule also impacts written contracts When a contract is in writing, this rule limits the evidence that can be introduced at trial to prove what the terms of the contract are The contract as written will be binding on both parties E Any nonperformance of a contract is a breach of the contract However, there are times when nonperformance of the terms of a contract is excused (1) If one party has committed a material breach, the other party is excused from performance (2) Death excuses a party from the duty to perform services, but not from the contractual duty to deliver goods or convey real estate (3) If a breach of contract has occurred, there are various remedies available to the nonbreaching party The nonbreaching party can be awarded monetary damages (a) The general measure of monetary damages is the amount of money that will put the nonbreaching party in the position that he or she would have occupied had there been no breach Such damages are known as compensatory damages (b) Punitive damages are damages aimed at punishing the breaching party rather than merely compensating the nonbreaching party Punitive damages are not usually allowed in breach-of-contract cases (c) Liquidated damages are damages for breach of contract where the monetary amount was agreed to at the time the contract was made Courts allow such damages only if the amount is reasonable (d) Under certain circumstances, the nonbreaching party can be awarded equity 2 Torts A A person can commit two classes of wrongs: public and private (1) A public wrong is a violation of one of the laws that govern the relationships of the individual with the rest of society It is called a crime and is subject to criminal law (2) A private wrong is an infringement of the rights of another individual A private wrong is called a tort, and the person who commits such a wrong is called a tortfeasor A tort.



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Assume the potential for some caching between you and the client Attempt to support both HTTP 10 and 11 caching models To do that, you should construct your responses so that they contain valid values for the Expires or the Last-Modified field, the ETag field, and the Cache-Control field

The netmask is used to determine which part of an IP address represents the network and which part represents a particular host computer An example of a netmask for a Class C network is 2552552550..





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One tricky issue is choosing the Expires or the Last-Modified field It can be argued that Last-Modified is safer than Expires because it limits the server's commitment to the consistency scheme It places the burden on the client to validate the content, and the nature of conditional GET requests is such that the overhead for this validation is insignificant (compared to the content, which may be substantial) True, this approach requires an HTTP request and response and is therefore not as scalability friendly as the Expires approach However, it provides a safe way to encourage caching by both HTTP 10 and 11 clients In contrast, the Expires approach suffers from the genie-out-ofthe-bottle syndrome: Once you release an object with Expires, you have to wait the specified time before assuming that clients will update their copy Such a risk may be too costly depending on the nature of your application Of course, there are clear advantages to Expires First of all, it eliminates the need to make even a conditional request on a resource A smart client or an intermediary can use an Expires tag set to a future date to avoid the need to have the server validate its content

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How-to guide. Open a file in Acrobat . Click on the Export PDF tool in the right pane. Choose Microsoft Word as your export format, and then choose Word Document. Click Export. If your PDF contains scanned text, Acrobat will run text recognition automatically. Name the Word file and save it in a desired location.

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The logical design of tables and columns is covered in 3, Relational Database Design. The realities of implementing the logical design, and how to script tables using DDL, are discussed in 20, Creating the Physical Database Schema.

Expires is really the only option for dynamic content Recall that it's possible for clients and intermediaries to cache GET responses even if they're dynamically generated (from CGI scripts,

Topic 18: Business Law - 55 may give the person whose rights were violated a right of action for damages against the tortfeasor This action is called a civil action B Torts are divided into two types: intentional and unintentional (1) Intentional torts include infringements on the rights of others such as assault and battery, libel, slander, false arrest or imprisonment, trespass, and invasion of privacy Individuals who suffer injury as a result of these intentional torts have the right to sue for damages (2) Unintentional torts are those that result from negligence or carelessness, and in these cases, the injured party may also be entitled to damages in a civil action even though the tortfeasor had no malicious intent as in an intentional tort C An individual s exposure to nancial loss associated with liability may arise from three sources: (1) criminal acts, (2) torts, and (3) legal liability arising out of breach of contract D Liability insurance is rarely concerned with the legal penalties resulting from criminal behavior or intentional torts In liability insurance, we are concerned primarily with unintentional torts or losses arising from negligence 3 Agency A The term agency refers to a two-party relationship in which one party (an agent) is authorized to act on behalf of the other (a principal) B Certain general characteristics are found in this type of relationship: (1) In acting for a principal, the agent has a duciary duty to act for the bene t of the principal and not in the agent s own self-interest (2) The agent may be subject to the control of the principal (a) If the agent is an independent contractor, the principal has no control (b) If the agent is an employee of the principal, the agent is subject to the control of the principal C The principal will be bound by an agent s contracts made with third parties as long as the agent has one of the following kinds of authority: (1) Express authority Authority speci cally granted by a principal to an agent by means of an agency agreement (2) Implied authority The authority that an agent has as necessary to carry out acts needed to exercise his or her express authority (3) Apparent authority Authority that, in the absence of contrary action by the principal, appears to a reasonable person to be possessed by the principal s agent D A principal is liable for all torts committed by its agents in the scope of employment E An agent will have liability to a third party for the agent s own torts and contracts (1) An agent is liable along with the principal for the agent s own torts (2) For contracts, the general rule is that the principal is liable and the agent is not, as long as the agent acted within the scope of the agent s authority and the identity of the principal was fully disclosed This rule holds regardless of how authority arose F The relationship between a principal and an agent can be terminated The relationship can be terminated by operation of law The following automatically terminate an agency: (1) Death of either the principal or the agent (2) Insanity of either the principal or the agent (3) Bankruptcy of the principal (4) Illegality of agency purpose.

Building the Employees Application 5. Start MySQL, if it is not already running. 6. Start Tomcat, if it is not already running. 7. Open your browser to the following URL:

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