Essentials of Consideration Presence of consideration is one of the requisites of Valid Contract. Consideration must be of two directional nature. That means both parties should get benefited mutually. Then only the Contract becomes capable of creating legal relations. Consideration may be in the form of cash‚ goods‚ act or Abstinence. Definition of Consideration “When at the desire of the promissor‚ the promisee or any other person has done or abstained from doing or does or abstains from
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UNIVERSITY OF GHANA BUSINESS SCHOOL EMBA 604: STRATEGIC MANAGEMENT ADEQUACY OF THE ASSERTION BY KENNETH ANDREWS THAT “THE STRATEGY OF A COMPANY IS A REFLECTION OF THE PATTERN OF DECISIONS THAT DETERMINES AND REVEALS ITS OBJECTIVES‚ PURPOSES OR GOALS‚ PRODUCES THE PRINCIPAL POLICIES AND PLAN FOR ACHIEVING THOSE GOALS” BY ISAAC WILLIAM MENSAH STUDENT ID: 10360800 September 2012 ORIGIN & EMERGENCE OF BUSINESS/CORPORATE STRATEGY The concept of strategy originated from the military and
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What is the role played in contract law by the doctrine of consideration 1. Controversies and challenges of consideration. For a contract promise to be enforceable‚ that promise must normally be supported by consideration. Any contractual promise must be supported by consideration unless an exception applies. A promise will be supported by consideration if it’s given as part of a bargain or exchange rather than a gift. Second‚ the promiser or 3rd party should receive some act forbearance
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After careful consideration of the lawsuits presented in Chapter 20 of the text‚ this writer chose two lawsuits that violate standards in which important future cases were based upon due to the outcomes of these cases. The first case is that within an employment setting in which testing was used to determine employee performance‚ yet was considered to not be valid or reliable. Griggs vs. Duke Power Company‚ 1971 brought to question if the testing that was being used to hold back African Americans
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Ethical Considerations for the Investigator and Prosecutor in Homicide and Rape The investigator and prosecutor play very critical roles‚ roles that are only fairly fulfilled if all parties are as ethical as possible. Failing to act ethically can lose a case‚ set a criminal free or could even mean someone innocent going to prison. While ethics in every single type of case are important we are going to examine homicide and rape. Both homicide and rape leave the public hungry for answers.
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client without getting authorization from the attorney to do so. The ABA Model rules that were violated were : ABA Model Rule 1.5(c)‚Transactions With Persons Other Than Clients Rule 4.1 Truthfulness In Statements To Others. The NFPA Ethical Considerations not followed by the paralegal were- EC-1.7(c) ‚ EC-1.2(f) and EC-1.8(a)-this was EC was violated by the paralegal giving the client advice regarding the alimony mentioned during the meet Carl had with the client. TUESDAY-- The violations
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Diversity Considerations Introduction This paper will analyze the influence of culture on attitudes‚ values‚ perception‚ human behavior‚ and interpersonal relations. The discriminatory factors that promote societal‚ political‚ socioeconomic‚ and spiritual oppression of culturally diverse populations will be described within this paper. Racial and cultural diversity within non-native English-speaking communities will be examined. Furthermore‚ this paper will also analyze how current research
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Hyde v Wrench(1840) Hyde v Wrench [1840] EWHC Ch J90 is a leading English contract law case on the issue of counter-offers and their relation to initial offers. In it Lord Langdale ruled that any counter-offer cancels the original offer. Wrench offered to sell his farm in Luddenham to Hyde for £1000‚ an offer which Hyde declined. On 6 June 1840 Wrench wrote to Hyde’s agent offering to sell the farm for £1000‚ stating that it was the final offer and that he would not alter from it.[1] Hyde offered
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[pic] “Consideration and its rules” Assignment# 1 [Law-200] Prepared By: Prepared For: Name: M Shahajada Hossain Barrister Ishtiaque Ahmed (ItA) ID#: 071-573-530 Section: 09 B.B.A Date: 26th October‚ 2011. Consideration: Consideration is a very important element in a contract. While making a contract; parties of the contract agree
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Rules of consideration 1. Consideration must not be past: Re McArdle (1951) Ch 669 Court of Appeal Majorie McArdle carried out certain improvements and repairs on a bungalow. The bungalow formed part of the estate of her husband’s father who had died leaving the property to his wife for life and then on trust for Majorie’s husband and his four siblings. After the work had been carried out the brothers and sisters signed a document stating in consideration of you carrying out the repairs we agree
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