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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Dr. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY LUCKNOW. SESSION 2013-2014 A Project on " Immunity of agent- a detailed study" Under the Supervision of Dr Visalakshi Vegesna Assistant Professor Submitted by Umaima Shahnawaz B.A.L.L.B(Hons.) IIIrd Semester Roll no-147 ACKNOWLEDGEMENT I would like to express my special thanks of gratitude to my teacher Dr. Visalakshi Vegesna who gave me the golden opportunity to do this wonderful project on the topic " Immunity of agent- a detailed
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(6)Discharge by Agreement or Consent The contract rests on the agreement of the parties. The parties may get discharged from the obligations of performance of contract by agreement or mutual consent. By Agreement or Consent • By novation • By “accord and satisfaction” • By remission and waiver The discharge by consent may be express or implied. Discharge by consent:- (a)Novation: When a new contract is substituted for an existing one‚ either between the same parties or between the one of
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Contracts Summary DAMAGES – REMEDIES FOR BREACH OF CONTRACT THE INTERESTS PROTECTED Fuller and Perdue‚ “The Reliance Interest in Contract Damages” There are three principle purposes in awarding contract damages: restitution interest – object is the prevention of unjust enrichment by the defaulting promisor at the expense of the promisee reliance interest – object is to put the plaintiff in a good position as he was before the promise was made expectation interest – object is to put the
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questions‚ or others like it‚ feels like a slap in the face considering the numerous leaps and bounds women have made as a whole towards equality. In the fiction text "The Story of an Hour" by Kate Chopin‚ and the non-fiction text "Why Women Still Can’t Have It All" by Anne-Marie Slaughter‚ the concept of gender roles play a critical role in how the women in these texts live their lives. "Why Women Still Can’t Have It All" discusses how women in the modern-day work force struggle with balancing both
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Critically evaluate the utility of the psychological contract for understanding the contemporary employment relationship. (2500 Words) Introduction Up until the 1990’s the psychological contract didn’t get a lot of research literature‚ whereas more recently it has become increasingly popular‚ and vast in both volume and critique. It is suggested that this blossoming of research is because of fundamental changes in the workplace‚ commonly referred to as the ‘new deal’ (Sparrow 1999). The traditional
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Acceptance 3 2.2 Consideration 4 2.3 Discharge of contract 5 2.3.1 Discharge by Breach 5 2.3.2 Discharge by Performance 5 2.4 Remedies 6 2.4.1 Unliquidated Remedies 6 2.4.2 Injunction Remedies 6 2.5 Intention to Create Legal Relations 7 2.6 Free Consent 8 3.0 Conclusion……………………………………………………………………...9 4.0 References…………………………………………………………………….10 1.0 Introduction Contract is a customary of procedures guiding the relationship‚
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Conflict can reveal unexpected qualities in an individual. Philosopher Emerson once said “every coin has two sides; so do conflicts”. In the pages of human history‚ conflicts are unavoidable and while major conflicts such as war have been evil forces in the world it can also produce very positive results. That is not to say conflict is entirely positive. When conflict arises there are those individuals that show unexpected qualities; those assets that are sudden and unforseen. These assets can be seen
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China’s apparel market‚ 2010‚ Li & Fung Research Centre‚ INDUSTRY SERIES ‚October 2010‚Issue 16; 4. Gap China Remaining Optimistic Despite Naysayers‚ by CASEY HALL ‚WWD: Women ’s Wear Daily‚ 01495380‚ 4/19/2012‚ Vol. 203‚ Issue 82; 5. A Big Leap: Gap Enters China With Shanghai Store. By: Farrar‚ Lara‚ WWD: Women ’s Wear Daily‚ 01495380‚ 11/11/2010‚ Vol. 200‚ Issue 101; 6. http://www.gap.cn/store-locator 7. http://www.gap.com/ 8. http://www.hm.com/cn/ 9. http://www.uniqlo.cn/ 10.http://www.zara.cn/we
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Ways Domestic Violence Can Affect Individuals Domestic violence is a pattern of behavior used to establish power and control over another individual through fear and intimidation‚ which often includes threats or violence. The effects of domestic violence could be long term or short term. A long term effect of domestic violence is physical injuries that can cause arthritis‚ hypertension‚ or heart disease. A short term effect of domestic violence could be anxiety or depression. Physical or
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