Business Law “To create a binding agreement the acceptance must occur‚ and that ‘acceptance’ must be final and absolutely unconditional. This is clear under Australian Contract Law.” As a legacy of being a British colony‚ Australian Law has been very much guided by legislation and case law from England for over two centuries. Even though a number of Acts were passed in the British Parliament gradually enabling the Australian States‚ and from 1901 the Commonwealth‚ to enact their own legislation
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Contract Law Introduction In the following case note I will examine the High Court case; Smart Telecom Plc. V Radio Teilefis Eireann & Glanbia Plc. [2006] IEHC 176. The essence of this case is one involving a request for tenders put forward by RTE for sponsorship and the subsequent refusal of Smart Telecom’s referential bid thereto. The questions raised were (1) whether referential bidding was a permissible term of RTE’s offer and (2) if not‚ were they were obliged to re-tender the contract
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Assignment #1 - Consensual Relationship Agreement Case Study Professor Dr. Maggie Sizer Leadership and Organizational Behavior – BUS 520 Strayer University October 23‚ 2012 Abstract As companies begin to acknowledge the existence of work place romances‚ the use of consensual relationship agreements (CRAs) has become an area of discussion. While many of today’s organizations prohibit the romantic involvement of its employees with one another‚ there are other companies that have adopted the
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A contract may be defined as an agreement between two or more parties that is intended to be legally binding. Every promise or promises which form the consideration for others is an agreement. It may be Oral or in writing. Well‚ in this short note‚ I am trying to explain the essential ingredients which shall form part of any agreement 1. Title: of the parties shall be clearly mentioned. 2. Recital 3. Tenure of agreement 4. Purpose/Scope of agreement 5. Commercial/Consideration part 6
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accepts the offer and they sign a contract to that effect. After the contract is signed‚ Teri learns of a Boston rule that all firefighters must live within the Boston city limits. Teri decides not to move and contacts Jack to let him know she won’t be moving after all. Jack sues Teri in municipal court‚ asking for specific performance in accordance with the original deal. Teri argues that‚ although specific performance is usually appropriate in land sales contract cases‚ the judge has the discretion
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Pinnel’s case. They are composite agreement‚ payment of debt by third party and promissory estoppel. The rule in Pinnel’s case (1602) 5 CoRep117a is that part payment of debt is not good consideration to forgo the balance. Thus the creditor may sue for the remaining debt unless there is fresh consideration. Promissory estoppel like proprietary estoppel is popular types of equitable estoppel. The importance of equitable estoppel was stated in Crabb V. Arun DC (1976) 1 Ch 179 that “equity comes in.
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his mind. "Queen- Good Hamlet‚ cast thy nighted color off‚ And let thine eye look like a friend on Denmark........ King - ... To give these mourning duties to your father. But you must know your father lost a father...." (1.2.68-128) In this passage Gertrude chooses the murderous Claudius over Hamlet. This simple act cleaves a deep groove between Hamlet and his mother. This isolating act would cause anyone to become sad‚ but it wouldn’t lead a person to insanity. "The fact is that Shakespeare
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Attitudes‚ beliefs‚ and intentions People have attitudes for almost everything about living from religion‚ politics‚ fashion‚ music‚ movies to even food. Attitudes put us in a frame of mind to like or dislike an object‚ moving away or towards it. They lead us to behave in a fairly consistent manner towards similar objects. Attitudes and beliefs expose an individual to new behaviours and lifestyles and create pressures for conformity that may influence product or service brand choices and in effect
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1.Offer 1. Offer means a proposal by a person in which he makes his willingness to enter into a legally binding contract for some conside¬ration. 2. An offer is made with the object of getting consent of the offeree. 3. An offer can be accepted by the offeree. 4. An offer when accepted becomes an agreement. Invitation to Offer 1. An Invitation to offer means an intention of a person to invite others with a view to enter into an agreement. 2. An invitation to offer on the other hand is made
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CHAPTER ONE INTRODUCTION 1.1 Entrepreneur profile Every business has to start somewhere. For Bishnu Pandey and Laxman Poudel‚ it began with the dissatisfaction with the job they were doing after the completion of their studies. According to Bishnu Pandey he has completed bachelor’s level of studies and worked in NGO’s for around a year and about his partner Laxman poudel he did his MBA and worked in Bank of Kathmandu (BOK) before they started with their business. They were friends from childhood
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