Ans: Section 2(h) of the Indian Contract Act‚ 1872 defines a contract as an agreement enforceable by law. Section 2(e) defines agreement as "everypromise and every set of promises forming consideration for each other." Section2(b) defines promise in the word: "When the person to whom the proposal ismade signifies his assent thereto‚ the proposal is said to be accepted. A proposalwhen accepted becomes a promise." From the above definition of promise‚ it is obvious that an agreement
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These are notes from the end user manual. What Army Regulation covers the wear and appearance of the military uniform? AR 670-1 2 Why is the flag worn on the right shoulder of the Utility Uniform? The flag is worn on the right shoulder to give the effect of the flag flying in the breeze as the wearer moves forward. 3 Why are all Soldiers in the U.S. Army now authorized to wear the Reverse-Side Full-Color U.S. Flag Cloth Replica upon gaining permission
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Mcpherson Douglas Edmunds ETH/321 04/06/2015 Elements of a Contract Scenario 1. Jack has to decide whether to engage an attorney. What would you advise? I would advise jack not to engage an attorney in the case. First‚ the fact that the old woman who sold the china shows signs of Alzheimer is enough to nullify the contract. A person can only get into contract if they are understand the terms and are considered to be competent. A person engaging in a contract should be able to understand all the ramifications
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Copyright©Amity University Quantitative Applications in Management & Research Assignment – A Ques.1 Comment on “ Quantitative Techniques is a scientific and for enhancing creative and judicious capabilities of a decision maker” ‚ also state the different elements of Decision. Ques. 2 The raw data displayed here are the scores (out of 100 marks) of a market survey regarding the acceptability of a new product launch by a company for a random sample of 50 respondents 40 25 41 43 38 44 45 26 42 44 37 45 41
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Unit 4: Marketing Principles Section 4: Understand and use the marketing mix in different contexts * Plan marketing mixes for two different segments in the consumer markets To enable an explanation of the use of marketing mixes for two segments in the consumer market‚ it is intended to use a food product which is entering a competitive UK market. In this case‚ it is intended to concentrate on two diverse products: 1. Low salt and fat cheddar (blocks) 2. Handy sealed multi packs each
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1.1 Explain the importance of the essential elements required for the formation of a valid contract A valid contract is a contract that complies with all the essentials of a contract and is binding and enforceable on all parties (Investorwords‚ n.d). Essential elements of the contract: - Agreement = Offer + Acceptance - Consideration - Intention to create legal relations A. AGREEMENT = OFFER + ACCEPTANCE In order to create a valid contract‚ there must be a ’lawful offer’ by one party
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1–14. Wear of jewelry a. Soldiers may wear a wristwatch‚ a wrist identification bracelet‚ and a total of two rings (a wedding set is considered one ring) with Army uniforms‚ unless prohibited by the commander for safety or health reasons. Any jewelry soldiers wear must be conservative and in good taste. Identification bracelets are limited to medical alert bracelets and MIA/POW identification bracelets. Soldiers may wear only one item on each wrist. b. No jewelry‚ other than that described in paragraph
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what’s legal or illegal and not to break the law‚ it also helps securing the company from fraudulent or unlawful actions. Assignment 1 primarily deals with key elements of Contract Law. In the assignment main parts of any contract and various types of business contracts will be considered‚ and such topics as „What makes a valid contract?“ will be discussed. Rules of offer and acceptance as well as rules of intention and consideration will be viewed in terms of specific situations. At the same time
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Army Regulation 670-1 covers the wear and appearance of military uniforms. Wearing the military uniform is a privilege that not everyone has earned‚ and it is our responsibility as soldiers to uphold this standard. In this essay I plan to cover different aspects of the regulation and why it is important to meet and maintain the standards which are set forth in the regulation. The purpose of Army Regulation 670-1 as stated in chapter 1 paragraph 1-1 is as follows. “This regulation prescribes
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"A valid contract‚ in essence‚ is the agreement between its parties". Discuss this statement and‚ using both case law and legal principles‚ comment on the essential elements of a valid contract and the importance of each. To a certain extent this statement is true but it is only one element of a valid contract to explain please find following all elements and conditions within a valid contract. To Contract: Is to enter into a relationship or agreement between two or more parties that create in
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