Limited Head Office‚ Dhaka. THE CONTRACT ACT‚ 1872 Md. Hasan Imam Manager Board Division Introduction: The law of contract is the foundation upon which the superstructure of modern business is built. It is frequent that in business transactions quite often promises are made at one time and the performance follows later. The law of contract is applicable not only in business community‚ but also to others. Everyone of us enters into a number of contracts almost everyday‚ and most of the
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CONTRACT AND RELATED OBLIGATION Prof. Hillman I) Theories of Obligation A) CONTRACT: Agreement with Consideration – Bargain Theory of Consideration Definition: A promise that is supported by consideration because the promisor gets something (extracts) from the promissee in exchange for the promise. Ex: I tell Alice I will sell her my piano for 400 dollars and she agrees. I promised my piano in exchange for something (400 dollars) therefore my promise is enforceable. 1) Bargained
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Medgar Evers was a great leader of the civil rights movement in the 50’s and 60’s. From his humble beginnings in a small Mississippi town he grew to become one of the greatest leaders of the movement. As a boy Evers was a serious and mature and he remained that way throughout his life. He was raised in a small town in Mississippi. He had strong religious values and a terrific work ethic as a child. While he was still in high school Evers left school to serve in the army. While fighting in the
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Italy. The Geography of Rome helped it become a strong united Empire. Roman Empire expanded more‚ becoming one of the most powerful civilizations in the history. However‚ the climate in Rome is the as same as today. It is hot and dry in summer. They have less snow in their winter‚ but in terms of the surrounding environment Ancient Rome has the best environment. There is fresh soil for growing crops‚ and they get water from river and Mediterranean sea. Ancient Rome were depending on slaves to work
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“The parties to an executory contract are often faced‚ in the course of carrying it out‚ with a turn of events which they did not at all anticipate – a wholly abnormal rise or fall in prices‚ a sudden depreciation of currency‚ an unexpected obstacle to the execution‚ or the like. Yet this does not in itself affect the bargain which they have made…” (per Lord Simon in British Movietonews Ltd. v. London and District Cinemas [1952] A.C. 166 at 185). Discuss this dictum and explain the respects in
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Resourcing – The Psychological Contract How can we define the psychological contract? Is it the set of mutual obligations/expectations and more often than not aspirations between employer and employee that extend beyond the formal‚ written contract of employment? This is the general consensus with modern scholars and workers alike‚ but just how far is this assertion true? The problem is trying to evaluate what the psychological contract actually is and what it stands for in our modern workplace
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DO YOU DESERVE WHAT YOU HAVE? Yes I deserve to have what I have right now‚ because what have earned. Whatever I have known is because I learned it so I deserve to know it. Every one deserves to have whatever they have unless they are thief or cheater. Only thieves don’t deserve to have what they have because they are not the original owner of what they have. In our lives there will always be times in which we feel as though we aren’t deserving of much‚ but we should not forget to how valuable
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going to show you some of the advantages and disadvantages of Space Exploration. As one would think‚ there are a lot of ups and downs. We‚ the United States‚ continue to spend millions on millions of dollars to fund space exploration even though‚ we have problems here on Earth such as starvation‚ loss of jobs and poverty. Also there is a lot to be explored here on planet earth and in my opinion we should use some of the money to explore some places like Antarctica and deep beneath the sea. Why spend
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What does the notion of legitimacy and social contract have to do with corporate disclosure policies? Legitimacy Theory relies on the belief that a social contract exists between corporations and society. The theory assumes that a corporation does not have any right to operate or access resources‚ and is only legitimate when the value system of the corporation is congruent with that of society. In cases where disparity arises‚ the legitimacy of corporations will often be threatened‚ and such situations
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Medgar Evers Civil rights activist. Born July 2‚ 1925‚ in Decatur‚ Mississippi. After growing up in a Mississippi farming family‚ Evers enlisted in the United States Army in 1943. He fought in both France and Germany during World War II before receiving an honorable discharge in 1946. In 1948‚ he entered Alcorn Agricutural and Mechanical College (now Alcorn State University) in Lorman‚ Mississippi. During his senior year‚ Evers married a fellow student‚ Myrlie Beasley; they later had three children:
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