LAW101 Midterm Revision Question 1 - MLS • Explain any SIX (6) sources of law in Malaysia. (30 marks) Answer Constitution Legislation Subsidiary legislation Case law Custom English law Islamic law Question 2 - MLS • In your opinion‚ which is the more important source of law? Give reasons for your answer (20 marks) Answer • Constitution is the most important source of law • All of the most important laws can be found in the constitution • It is the most important source of
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Chapter 9 Answers: 1. Consideration consists of mutual exchange of gains and losses between contracting parties. In the exchange‚ a gain by the offer is at the same time a loss to the offeror. The legal term used to designate the gain that each party experiences is that party ’s legal benefit. Consideration has three characteristics 1) The agreement must involve a bargained-for exchange; 2)the contract must involve adequate consideration; and 3) the benefits and detriments promised must themselves
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general rule‚ an agreement without consideration is void. Consideration is defined in section 2(d) of the said Act as : “ When at the desire of the promisor‚ the promisee or any other person has done or abstained from doing or promises to do or abstain from doing‚ something‚ such act or abstinence or promise is called consideration of the promise.’’ CITATION Cha06 \l 17417 (Seng‚ 2006)Section 26(a) of the said Act provides that an agreement made without consideration is void unless it is expressed in
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lawsuit based on this bloody contract. The judge declared the contract void due to lack of consideration (Beatty‚ Samuelson‚ Bredeson‚ 2013). Was there valid consideration? First‚ let’s look at what consideration means. To qualify as consideration‚ three rules apply: 1) Both parties must receive something of value; 2) If someone makes a promise to give something of value‚ this signifies a consideration; and 3) The two parties involved must come to an agreement of terms in regard to what items
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should be given the same amount of moral consideration as human entities is reached though his presentation of premises that if an entity can suffer‚ then its suffering must be given similar moral consideration to that of human entities. In Singer’s second premise he states that that nonhuman entities have the capability of suffering‚ therefore making his argument strong and valid. The first premise presents the idea of the “principle of equal consideration” which says that if a nonhuman entity has
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drops price to $300 Model of Global Competitive Dynamics Industry-based considerations Resource-based considerations Competitive Dynamics: Attack/ Counterattack/ Cooperation Institution-based considerations Industry-based Considerations • • • • • Concentration Industry price leader Entry barriers Market commonality with rivals Product homogeneity Industry-based Considerations Concentration • Combined percentage of sales from top 4‚ 8 or more firms. •
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In this society‚ it is under law for all people have the basic rights under the universal declaration of human rights. As stated‚ this only benefits humans‚ where humans rule the world. So where does the rights of animals come from? Many people do not understand animal rights and how we should treat them equally and why. Through animal research and experimentations‚ humans are getting benefit and gains in the obscene inhumane ways; the poor animals are suffering through pain and distress‚ even though
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interest payments and Mrs. Beer claimed this was invalid because she did not receive any consideration. The House of Lord’s decision upheld Mrs. Beer’s claim by applying the rule in Pinnel’s Case: payment of part of debt did not in itself constitute consideration for Mrs. Beer’s promise to forgo the balance15. Foakes v Beer and Re Selectmove Ltd. showed that partial payment of a debt is not viewed as good consideration. They both also showed that a promise to accept less could not have been enforced
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Smoke Ball ……3 3. The Case- Carlill Vs Carbolic Smoke Ball case ……4 2. Case Analysis 1. What is Contract? ……5 1. Offer ……5 2. Acceptance of the offer ……6 3. Constituted good consideration ……7 4. Serious Intention ……8 3. Conclusion ……9 4. What role “ad-idem” plays in formation of a valid contract …..10 5.0 Reference …..11 1. Introduction Carbolic Smoke Ball is a company located London
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of changes. This resource will help you to develop an action plan within an information technology environment. In this topic you will learn how to: develop an action plan for proposed changes ensure action plans take account of all relevant considerations document action plans submit action plan for feedback and approval This topic contains: reading notes activities references topic quiz As you work through the reading notes you will be directed to activities that will help you practise
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