Legal Maxim 91: “A person is bound by his own admission” The meaning of this maxim is that a person who makes an admission is indicted pursuant to his acknowledgement and what he has acknowledge shall be claimed from him as long as the acknowledgement conforms to its conditions of validity. This statement can be simplified by saying that the person is responsible for what he say as long as it follows the condition of validity. The condition of validity is for the person making the admission and
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Legal Brief Facts summary Mr. Potbelly holds a garage sale at his home. Mr. Slim Jim stops by the sale and upon noticing a rare piece of art pottery offers a price of $100 for the art that is marked $250. Mr. Potbelly accepts Mr. Slim Jim’s offer. Mr. Potbelly informs Mr. Slim Jim he is selling his home because he is moving up north because he has lost his job. Mr. Slim Jim asks how much he is selling it for and Mr. Potbelly informs him he is thinking $75‚000. Mr. Slim Jim offers him $70‚000
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UNISA CENTRE FOR BUSINESS MANAGEMENT PROGRAMME IN PURCHASING AND SUPPLY MANAGEMENT STUDY GUIDE FOR LEGAL ASPECTS OF PURCHASING PPSM049 © 2008 University of South Africa All rights reserved University of South Africa Muckleneuk Pretoria Original: Ms I Fourie Revised by: Ms Rene Swart Assisted by: Prof JA Badenhorst LEGAL ASPECTS OF PURCHASING STUDY UNIT 1 1.1 1.2 1.3 General principles of the law of contract p1 Introduction General principles of the law of contract Requirements
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Legal fiction is a factious fact that is deemed as true under the law for purposes of legal‚ administrative or other expenditures (Black’s 2002). One example of a legal fiction in the U.S legal system is when a corporation is considered a person so pre-written laws will still apply to them and not have to be altered. Legal fiction ensures that the corporation is subjected to the same rights and rules that are drafted only to apply to people. There are two sides to this fiction they are that if the
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Case Summary Union of India v. Raghubir Singh SCHOOL OF LAW CHRIST UNIVERSITY BANGALORE- 560028 2012-2013 NAME: VIVEK.K.R REGISTER NO: 1216044 CLASS: 1 BA LLB A Identification Name of the case: Union of India (UOI) and Anr. Vs. Raghubir Singh (Dead) by Lrs. Etc. Jurisdiction: Appeal From the Judgment and Order dated 06.12.1984 of the Delhi High Court in Regular First Appeal Nos. 113 and 114 of 1968. Level of the deciding Court: Supreme Court Date of decision: 16.05.1989 Equivalent
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money with their ’resources’‚ which will prevent general public from living in ’an more enjoyable’ environment? <br> <br>This is obviously a conflict of interest. The right should be granted to the side with more social benefits. For example‚ if legal prostitution brings the social‚ says‚ $100 and at the same time causes $50 harms to general public‚ the right should be granted to prostitutes. <br> <br>One may argue that it is very difficult to determine which side brings larger social benefits
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AP Environmental Science Deepwater Horizon Oil Spill: The BP Disaster The Deepwater Horizon oil spill in the Gulf of Mexico was one of the most infamous industrial environmental disasters ever. On April 20‚ 2010‚ a marine oil-drilling dig called the Deepwater Horizon exploded‚ releasing hundreds of millions of gallons of oil into the Gulf of Mexico. This explosion resulted in the loss of human life‚ massive environmental damage‚ and widespread damage to the livelihood of people living along the
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Legal Reasoning is a reasonable reasoning before the decision had been made. Legal reasoning required us to consider the criteria beyond those imposed by the strict necessity of logic. It has followed certain criteria or rules which applied in practical reasoning. For an example‚ a judge has to give judgment by following the precedent case and Federal Constitution‚ legislators have to predict the impact of their laws before amendment whereby following the two-third majority of Parliament and lawyers
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BP and Consolidation of the Oil Industry‚ 1998-2002 Executive Summary BP should sell its business and start a new business‚ a clean energy production‚ because it would lose profits from oil supply. Oil industry had not developed in perfect competition; oil price was easily controlled since oil industry was oligopoly‚ many consumers exist and the government protected oil industry from competition. However‚ oil industry is facing perfect competition; oligopoly formation of oil industry
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CONSUMER LAW Australian Consumer Law (ACL) is a body of law that governs issues that is related to any method of retail. It is set in place to protect the welfare of the consumer and the manufacturer‚ done so through the use of contracts (both oral and written) and other means of lawful actions. Compliance is the following and meeting of rules and/or standards. Compliance can been seen throughout the marketing industry whenever there are no difficulties or complications in the industry. The Competition
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