CONTRACTS OF INDEMNITY Definition Section 124 of the Contract Act defines a contract of indemnity as a contract by which one party promises to save the other party from loss caused to him by the conduct of the promisor himself‚ or by the conduct of any other person. P. contracts to indemnify Q against the consequences of any proceeding which R may. take against Q in respect of a certain sum of Rs. 200. This is a Contract of Indemnity: P is called the indemnifier and Q the Indemnity-holder. Characteristics
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ability to achieve its goals. The employment relationship is arguably one of the more significant relationships that occur in an organisation particularly the psycho-social component. Critically evaluate the so called theory of the the psychological contract‚ does it provide a valid‚ reliable and predictable explanation that may contribute to an understanding of the organisational success and failure? | | Date | 4/24/2013 | | University of Hertfordshire‚ Business school. Department
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Contract Creation and Management Simulation LAW/531 In the contract creation and management simulation involving Span Systems and Citizen-Schwarz AG (C-S) the conflict involved and possible resolutions could be beneficial or catastrophic for both companies. Legal risks for corporations in the process of implementation and development of a program are many. To prevent this there must be direct‚ quantifiable benchmarks that are acknowledged by all parties involved. Any contract ambiguity that
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Content Page 1. Executive Summary………………………………………………………………... 3 2. Brief Background Information on Free Trade Agreement……………………… 4 3. Brief Overview of ASEAN-Korea Free Trade Agreement (AKFTA)………..…. 4 4. Benefits of AKFTA on Companies in Singapore a. Economic Benefits – Trade in Goods and Services……………..………… 5 b. Intellectual Property Protection………………………………………………. 7 c. Human Resource Management and Development………………………… 8 5. Challenges Faced By Companies in Singapore regarding to AKFTA
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contract but do not appear to be a relevant issue here. While it is possible for offers to be "made to the world”1‚ K ’s advertisement is an "invitation to treat"2. It cannot be construed as an offer as it shows no intention on K ’s part to be bound to its terms‚ in contrast to the wording of the advertisement in Carlill v Carbolic Smoke Ba// Co3. Thus A ’s letter to K dated 21 April is the first possibility of an offer. However the terms of this letter are too vague to be construed as an offer
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care? (b) Was the release Reed signed before the race was not enforceable due to consideration. Holding(s): (a) Reed presents no evidence that his agreement to play hockey was conditioned on an obligation by UND to provide health care. Pursuant to the Letter of Intent‚ UND agreed to give Reed financial aid in exchange for his agreement to play hockey. (b) Reed has again failed to identify a breach of any specific provision. Court’s Rationale Reed has not identified a breach of a
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your employment with our company. 1. Employment Agency. As you know‚ we are a temporary employment agency. You will be paid only for hours worked when on an assignment at a Rylem client‚ as evidenced by a time card certified by us and our client. All timecards will require an approval unless otherwise agreed to by us or the client. A lack of approval may cause a delay in payroll being processed. 2. Pay Rate/ Frequency. Your pay rate shall be $___.___ per hour. Your overtime pay rate will be $___
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and the United Kingdom have specifically been involved in the most significant weapon agreements and relations. There are many agreements and treaties to control and regulate the mass amounts of weaponry traded and sold to states around the globe. Arm control agreements deal with two separate weapon regimes: weapons of mass destruction (WMD) and small arms and light weapons. It is harder to achieve agreements on small arms and light weapons than weapons of mass destruction because both sides get
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JOINT VENTURE AGREEMENT 1. THIS IS A JOINT VENTURE AGREEMENT (“Agreement”)‚ made today the 16th day of October 2014‚ between Savant Moore (herein called “COMPANY”) and The Howard Theatre located at 620 T St NW‚ Washington‚ DC 20001 (herein called “Night club”) 2. This agreement shall remain in effect till the morning of Sunday November 9‚ 2014 from the date hereof. ARTICLE I GENERAL PROVISIONS 1.01 Business Purpose. The business of the Joint Venture shall be as follows: Savant Moore will be responsible
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MEMORANDUM OF AGREEMENT KNOW ALL MEN BY THESE PRESENTS: This AGREEMENT made and entered into by and between: GREEN ATOM RENEWABLE ENERGY CORPORATION ‚ a corporation duly organized and existing under and by virtue of the laws of the Philippines‚ with office address at 5th Floor Rublou Business Center‚ Ortigas Avenue Extension Cainta‚ Rizal ‚ represented by its Chief Operating Officer‚ MR REX G. RECARRO hereinafter called "GREEN ATOM". -and- ATOMILLION CORPORATION‚ a corporation duly organized
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