INDEMNITY AGREEMENT This INDEMNITY AGREEMENT ‚ dated as of September 17‚ 2013‚ is between Locomotive Transportation ‚ Inc.‚ a New York corporation (Locomotive) and Rapid Trains Corp.‚ a Massachusetts corporation ( Rapid). INDEMNITY AGREEMENT This INDEMNITY AGREEMENT ‚ dated as of September 17‚ 2013‚ is between Locomotive Transportation ‚ Inc.‚ a New York corporation (Locomotive) and Rapid Trains Corp.‚ a Massachusetts corporation ( Rapid). INDEMNITY AGREEMENT This INDEMNITY
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Pg. no 1. Introduction……………………………………………………………………………………………3 2. Contract………………………………………………………………………………………………..3 3. Government Contract………………….………………………………………………………………3 4. Contracts and Government Contracts…………………...……………………………………………..4 5. Formation of Government Contracts…………………..…………………….………………………...5 6. Doctrine of Executive Necessity in Government Contracts………...………………………………....6 7. Doctrine of indoor management in Government contracts……….………………………………….8
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Elements of a Contract Bus 670 Legal Environment Abstract In order for a contract to be valid‚ it must meet certain standards. Contracts can be formed by two parties for multiple reasons‚ but must hold up to the same standards in court to be valid. The first element of the contract is the offer. The offer is very important because it is where the contract initializes‚ and is presented to the offeree by the offeror (Mallor et al.‚ 2010‚ p. 307). The second element is acceptance. In this
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.................... Ferguson v Um Chand Boid ILR (1906) 33 Cal 343........................................................................ Reckitt v Barnett‚ Pembrooke & Slater Ltd. 1929 AC 176: 1928 All ER Rep 1(HL).................... Midland Bank Ltd v Reckitt 1933 AC 1 HL..................................................................................... United Province Govt v Church Missionary Trust Assn Ltd (1948) 22 Luck 93........................... Withington v Herring (1829)
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NINE THINGS YOU SIMPLE MUST DO TO SUCCEED IN LOVE AND LIFE BY DR. HENRY CLOUD BY TONNIE L. COLLINS 22420344 REV. DR. MARIO GARCIA PACO 500-B04 SUMMIT JUNE 20‚ 2013 TABLE OF CONTENTS Introduction………………………………………………………………………………………3 Summary………………………………………………………………………………………...4-5 Reflection………………………………………………………………………………………..5-6 Investigation…………………………………………………………………………………….6-7 Application……………………………………………………………………………………......7 Reference…………………………………………………………………………………………
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been enacted to accommodate the harmonisation mandates of UNCITRAL Model. To streamline the Indian legal system the traditional civil law known as Code of Civil Procedure‚ (CPC) 1908 has also been amended and section 89 has been introduced. Section 89 (1) of CPC provides an option for the settlement of disputes outside the court. It provides that where it appears to the court that there exist elements‚ which may be acceptable to the parties‚ the court may formulate the terms of a possible settlement
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Ques1. “Considerations must be sufficient but need not be adequate”- discuss. In Contracts‚ What is "Consideration"? In order for any contract to be enforceable‚ courts generally require three things: mutual assent (agreement to the contract terms)‚ a valid offer and acceptance‚ and consideration. Consideration in law is one of the three main building blocks of a contract. It can be anything of value‚ which each party to a legally binding contract must agree to exchange if the contract is to be
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What is a contract? A business contract is a legally binding agreement between two or more parties to do or not to do certain things. For example‚ a business contract could be for the sale of goods or supply of services at a certain price. There are many different types of contracts including: the sale and purchase of a business agreement; partnership agreements; leases of business premises; leases of plant and equipment; and employment agreements. The process for creating a contract generally
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grounds of void contract under Nepalese Contract Act by illustrating the cases. Any contract which is not enforceable by law is said to be void. A void contract is one which has no legal effect whatsoever owing to the fact that a transaction which is void. Even if they satisfy some of the conditions of a valid contract‚ they are not enforceable. In the eye of law such contract is no contract at all. There are some contracts which have been declared as void by section 13 of Nepalese Contract Act 2056.
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------------------------------------------------- REPURCHASE AGREEMENT (“REPO”) / RESERVE REPO 1. Definition A REPO is a money market transaction wherein securities are sold at a particular price by one party (REPO Seller) to the other (REPO Buyer) with a commitment on the REPO Seller’s part to repurchase the equivalent securities from the REPO Buyer on a certain date and at a certain price‚ both such date and price being fixed as part of the transaction. | A Reserve REPO is a money market
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