Ques1. “Considerations must be sufficient but need not be adequate”- discuss. In Contracts‚ What is "Consideration"? In order for any contract to be enforceable‚ courts generally require three things: mutual assent (agreement to the contract terms)‚ a valid offer and acceptance‚ and consideration. Consideration in law is one of the three main building blocks of a contract. It can be anything of value‚ which each party to a legally binding contract must agree to exchange if the contract is to be
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response. The candidate provides substantial articulation of response. A1. Environmental Considerations and Recommendations The candidate does not develop a social responsibility strategy for the chosen client that includes an environmental considerations and recommendations component. The candidate develops a social responsibility strategy for the chosen client that includes an environmental considerations and recommendations component‚ with no detail. The candidate develops a social responsibility
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CLWM4000 Business and Corporations Law Lecture Two Contract Law: Agreement‚ Intention to b e legally bound and consideration Objectives 1. To understand the relevance of intentions to create legal relations 2. To understand what is an offer and acceptance 3. Explaining the rules for offer and acceptance 4. Explain the importance of consideration 5. Explain the rules for consideration 6. Explain the concept of promissory estoppel Intention to create legal relations Intention to create legal
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design with a working high-level model up for proposal. Doing the business through Electronic Commerce‚ Kudler Fine Foods has to consider several legal considerations in the development of its Frequent Shopper Program. Electronic contracts for online business transaction are legally bound all over the world. There are several Legal Considerations in the E-commerce which are as follow: According to the Privacy and Electronic Communication Regulations‚ an opt-in consent procedure is required for making
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DOCTRINES OF CONSIDERATION AND SUFFICIENCY INTRODUCTION This essay critically explores the doctrines of consideration and sufficiency within the context of contract law‚ with references to the matter of Thomas v Thomas from 1842. In assigning significance to these matters‚ it is noted that Sir John Patteson‚ a judge in 1830 who was appointed to the Court of King’s Bench‚ (later the Privy Council) was knighted shortly after making the landmark decision regarding the doctrine of consideration in the
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D. consideration. www.InstantAnswerPlace.com DIRECT LINK TO THIS STUDY GUIDE: http://www.instantanswerplace.com/persons-beliefs-general-outlook-act-like-filters-information-receive-called-attitude-b-efficiency-c-motivation-d-consideration/ Instantly Download! Get Better Grades in Less Time! DESCRIPTION FOR THIS STUDY GUIDE: A person’s beliefs and general outlook‚ which act like filters on the information they receive‚ is called A. attitude. B. efficiency. C. motivation. D. consideration. Exam
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avoided a dis-benefit by reducing the cost of rent. This is classified as consideration because the Defendant was not forced into agreement‚ but knowingly agreed to bargain with the Plaintiff. VII DECISION AND ORDER The Court awarded all costs to the Plaintiffs including loss and damage. The Parties were directed to submit orders within 21 days in effect of the judgement. VIII RATIO DECIDENDI Past consideration is no consideration except where the promise to perform an existing legal duty in fact confers
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be accorded greater moral consideration than plants? Justify your answer. In this essay‚ I will explain why I feel that some‚ but not all‚ animals should be accorded greater moral consideration than plants from the perspective of hedonism. I will first define the parameters of moral consideration‚ and then explain why I feel that some animals should be accorded more moral consideration than other animals and all plants. In order to understand what moral consideration is‚ we should make the distinction
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AGREEMENT BECOME A CONTRACT? (1) There must be some consideration for it According to Section-2(d) of the Indian Contract Act‚ 1872 “When‚ at the desire of the promisor‚ the promisee or any other person has done or abstained from doing‚ or does or abstains from doing‚ or promises to do or to abstain from doing‚ something‚ such act or abstinence or promise is called a consideration for the promise.” According to Section-25 “Agreement without consideration‚ void‚ unless it is in writing and registered
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classes: 1. Contracts by deed 2. Simple contracts The essential elements of a contract are: Agreement Consideration Intention to create legal relations Capacity Consent Legality Therefore‚ a contract which possesses all these requirements is said to be legitimate. The absence of an essential element will render the contract void‚ voidable or unenforceable In contract law consideration is concerned with the bargain of the contract. A contract is based on an exchange of promises. Each party
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