the possession‚ of a determinate thing; and the other party (Buyer) obligates himself to pay therefor a price certain in money or its equivalent.1 The Roman Law concept embodied in the old Civil Code2 that treated delivery of tangible property as the sole purpose of sale has been modified under the present Article 1458‚ which applies the common law concept of requiring the obligation to transfer the ownership of the subject matter of the sale as a principal obligation of the seller. 1. Nature of Obligations
Premium Contract
GENERAL PRINCIPLES OF THE LAW OF CONTRACT INTRODUCTION Definition S.2(h) Contract Act 1950 : An agreement enforceable by law. Legally binding between parties. 2 INTRODUCTION (continue..) (a) (b) Legislation governing contracts: Contracts Act 1950 English Law - By virtue of S.5 of the Civil Law Act (When there are no provisions in the Contract Act) 3 INTRODUCTION (continue..) 4 OFFER / PROPOSAL Definition S. 2(a) Contracts Act “When one person signifies
Premium Contract Contract law
historical use since 1372‚ but ceded those islands to Japan in 1895 under the Treaty of Shimonoseki until the end of World War II‚ where it reclaimed possession of those islands. Through analysis of the respective claims under customary international law‚ this paper finds that Japan has a better claim to the islands. II COMPETITNG CLAIMS TO SENKAKU/DIAOYU ISLANDS A Senkaku Islands Japan’s claim to Senkaku Islands rests on four bases. First‚ Japan argues that the islands were terra nullius when
Premium Taiwan Japan
Maritime law Module 1 – Introduction to maritime law 1 1. What is the field of law described as ‘maritime law’? The subject of maritime law attempts to give you a clear understanding of the legal principles applicable to commercial shipping operations. These are the legal principles that determine the obligations and regulate the relationships of the parties in the maritime transport chain
Free Common law Law
1) A contract is an agreement made between two or more parties which are recognised by Law. There have been many scenarios such as the rejection of offer‚ leaving a voicemail to accept the offer‚ letter been posted on the same day and also a note through the door stating that offer has been accepted by David. First of all‚ in our case Arthur decides to sell his car putting a notice in his rear window of the car door. This action represents an offer not an invitation to treat. An offer is when one
Premium Contract Contractual term
sheet. Learner name: Jessica Mather Assessor name: Gill Draper Issue date: 11/11/2014 Submission date: 21/11/2014 Submitted on: 21/11/2014 Programme: Extended Diploma in Uniformed Public Services Unit: Unit 17 Police Powers in the Public Services Assignment reference and title: Unit 17‚ Task 1.1‚ 1.2‚ 1.3‚ 1.4 Please list the evidence submitted for each task. Indicate the page numbers where the evidence can be found or describe the nature of the evidence (e.g. video‚ illustration). Task
Premium Police Crime Criminal law
organizations in Singapore with the intent of profit generation are categorized under two main types of corporations‚ either unincorporated or incorporated. The law treats each entity differently. Unincorporated Entities Unlike the incorporated entities‚ an unincorporated entity business does not have separate legal personality. The law does not separate the people who establish the business and the business itself. In other words‚ the rights and liabilities of the unincorporated entity are treated
Premium Corporation Types of business entity Legal entities
Book I : General Norms 1. Book I : General Norms 1. Title I: Eccesiastical Laws 2. Title II: Custom 3. Title III: General Decrees and Inst 4. Title IV: Singular Administrative Acts 1. Ch. I : Common Norms 2. Ch. II : Sing Decrees and Prescripts 3. Ch. III: Rescripts 4. Ch. IV: Privileges 5. Ch. V: Dispensations 5. Title V: Statutes and Ordinances 6. Title VI: Physical and Juridic Persons 6. Ch. I: Physical Persons
Free Common law Law
References: Chris Turner & Jacquelin Martin‚ (2001)‚ Key Facts: Contract Law‚ 1st Edition‚ Hodder & Stoughton Dennis Keenan‚ (2001)‚ Smith & Keenan’s English Law‚ 13th Edition‚ England‚ Pearson Education Ltd Ewan Mckendrick‚ (2007)‚ Contract Law‚ 7th Edition‚ Palgrave Macmillan Law Teacher (2003-2012)‚ Cases On Intention‚ [online]‚ Available at (http://www.lawteacher.net/contract-law/cases/intention-cases.php)‚ accessed 10th July 2012 Lawnix (2012)‚ Carlill v Carbolic Smoke Ball
Premium Contract Contract law
The Law of Partnerships: Scott Osborne The applicable law: Partnership Act 1892 (NSW) The relevant law is contained in the Partnership Act (PA) of each of the jurisdictions. All are based on the PA (1890) UK Act. The contractual nature of Partnerships Partnerships are essentially contractual. Defining a Partnership [s.1 PA 1892 NSW] The PA defines a partnership as “the relation which exists between persons carrying on a business in common with a view of profit” Partnerships
Premium Partnership Corporation Types of business entity