prescribed act. An offer needs to be communicated‚ orally or written. Without communication‚ offer is not valid. According to Taylor v Laird (1856) 25 LJ Ex 329: An offer has no validity unless and until it is communicated to the offeree so as to give the offeree the opportunity to accept or reject it. Here it seems the offer of James has been communicated. So the offer of James is valid. Counter Offer: In Bill’s and Jame’s statements‚ there has not been made counter offer. If Bill’s statement
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Property A Assignment In the case of Occupiers of 51 Olivia Road‚ Berea Township and 197 Main Street Johannesburg v City of Johannesburg and Others[1]‚ the city wanted to evict people from their place of residence in Johannesburg. In the case‚ Yacoob J spoke at great lengths about the notions of meaningful engagement and reasonableness when one party is requiring an eviction order from the courts. Section 26 of the Constitution of the Republic of South Africa‚ 1996‚ talks about both meaningful
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Economic Situation Reality The Economic situation is the movie Atlas Shrugged is an event we should think about. In the movie the Economy is plummeting and the government is very hands on in fixing the government‚ with its rules and regulations against successful businesses such as Rearden Steel and Taggart Transcontinental. In Atlas Shrugged the United States Economy is plummeting. The country is lacking the supply of oil and the prices of gas reach up near Forty Dollars. Americans walk
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the many situations in which they find themselves. Ethics are not the same as feelings‚ they do not have anything to do with religion and ethics is not science. In researching which ethical standard lines up with the fairy tale “The Ugly Duckling”‚ the choice was made to go with the Common Good approach. The Common Good should work in a manner that benefits everyone. Which includes public safety and security‚ along with a healthy community. In the fairy tale‚ “The Ugly Duckling”‚ which begins
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SHOULD INDIA GIVE UP KASHMIR INTRODUCTION: Kashmir is the northwestern region of the Indian subcontinent. Until the mid-19th century‚ the term Kashmir geographically denoted only the valley between the Great Himalayas and the Pir Panjal mountain range. Today‚ it denotes a larger area that includes the Indian-administered state of Jammu and Kashmir (which consists of Jammu‚ Kashmir Valley‚ and the Ladakh regions)‚ the Pakistan-administered territories of Azad Kashmir and Gilgit–Baltistan‚ and
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retirement scheme. They intend taking advantage of the on-going structured adjustment programmes (SAPS) by going into business. a) Advise them on the procedures they have to follow in order to register a public company limited by shares. (8 Marks) b) Explain how the procedures would differ from that for forming a private company limited by shares. (4 Marks) c) Discuss the circumstances under which a corporate veil of incorporation may
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Question 1. [Section 126] stated that a company is allow to contract through an agent and a company will be bound by the acts of its agents in the same way as any other principal. An agent’s acts bind the company into a contract with an outsider when rules of agency law applied. In this case an agent’s apparent or ostensible authority arise. This authority arise because when the receptionist represents Harry out to Micky and Harry did not specify that he wasn’t the factory manager‚ given Micky
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what should be done. When you look at something as big as a country like The U.S.A and something as small as your homing area you can see clearly how much freedom someone must give up to make things better for the people around them. In the United States where it is a melting pot of different cultures a lot of people must give up personal freedoms everyday. Since everyone believes differently and have different preferences‚ they have to put all that aside to make things better for everyone. Different
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Question 1 James runs a single director proprietary company called Jamboos Pty Ltd a) Explain the rules that Jamboos must operate under and James’ powers under the Corporations Act. In Corporations Act‚ S198E‚ 201F and 202C contain certain provisions that govern the operation of single director companies. These provisions apply whether or not the single shareholder company has adopted a constitution which include: The director may appoint another director by recording the appointment and signing
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under the law this contract was not valid. Steve the salesperson was completely liable under the law for entering a contract with an underage minor. As a car company representative there is protocol which must be used when entering into any contract and a major part of protocol is to ensure that both parties are of legal age at the time of sale. Another possibility that may be a remedy for this situation is for Car Company to take legal action against Jeff‟s legal guardians. Under the law any minor
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