The Law of Contract Voidable Contract – Coercion The word “contract” can be defined as a voluntary‚ deliberate‚ and legally binding agreement between two or more competent parties. Contracts are usually written but may be spoken or implied‚ and generally have to do with employment‚ sale or lease‚ or tenancy. A contractual relationship is evidenced by an offer‚ acceptance of the offer‚ intention to create legal relations‚ consideration‚ certainty and capacity. However‚ while all parties may expect
Premium Contract
the following goods on or before May 31‚ 2012 (the “Goods”) a. 10‚000 widgets Purchase Price 2. The Purchaser will accept the Goods and pay for the Goods with the sum of fifty thousand ($50‚000) USD‚ paid as follows: a. Down payment of $5‚000 upon contract execution b. the remainder of the purchase price within 10 day of receipt of delivery of the Goods. 3. Payment of the Goods will be made to the Seller when the Purchaser has confirmed receipt of the Goods. Delivery of Goods 4. The Goods will
Premium Contract Warranty Implied warranty
the goal of planned development. Industrial Policy Resolution‚ 1948: The IPR‚ 1948 created a mixed economy reserving a sphere for the private and public sectors. It divided the industries into four groups: (i) Industries with exclusive Central Govt. monopoly‚ arms and ammunitions‚ atomic energies and railway transport. (ii) Mixed sector - State controlled new undertaking in coal‚ iron and steel‚ air craft‚ telephone‚ etc. (iii) Under State resolution and control consumer goods industries‚ and (iv) Under
Premium Industry Economics Public sector
New Year Resolution Although many of us make a New Year resolution at the beginning of a New Year but we do it more out of a custom than with actual planning. Also‚ people don’t spare much thought in finding out what he/she will actually like to achieve in the year. Hence‚ the success rate with New Year resolution is actually poor. Some tips therefore can become handy in making your New Year resolution a success. Fix your target: What is really important to you? What do you want to achieve
Premium New Year's Day
Running header: CONFLICT RESOLUTION STRATEGIES Conflict Resolution Strategies Wendy L. Decker University of Phoenix Conflict Resolution Strategies In this writing‚ we will explore and explain strategies of conflict resolution and‚ encourage teams‚ individuals and society as a whole to use some of these ideas for their own resolution purposes. “In many cases‚ effective conflict resolution skills can make the difference between positive and negative
Premium
GENERAL PRINCIPLES OF THE LAW OF CONTRACT INTRODUCTION Definition S.2(h) Contract Act 1950 : An agreement enforceable by law. Legally binding between parties. 2 INTRODUCTION (continue..) (a) (b) Legislation governing contracts: Contracts Act 1950 English Law - By virtue of S.5 of the Civil Law Act (When there are no provisions in the Contract Act) 3 INTRODUCTION (continue..) 4 OFFER / PROPOSAL Definition S. 2(a) Contracts Act “When one person signifies
Premium Contract Contract law
4. NOTES 4.1. THE ESSENTIALS OF A VALID CONTRACT A. ESSENTIAL No 1 The Parties Must Act Within Their Contractual Capacity What is contractual capacity? We view it in relation to the concepts of personality and legal status: PERSONALITY – determines that you are a legal entity or persona. As a result of this personality you acquire legal status ie your legal status defines that legal personality further. STATUS then describes your legal “condition” eg a married woman‚ A public
Premium Contract
Resolution of α-Phenylethylamine Date of Completion of Experiment: Monday‚ November 19‚ 2012 Date Report Submitted: Monday‚ December 3‚ 2012 Objective of Experiment The objective of this experiment was to learn the process of resolution of α-phenylethylamine. Materials Compound | Molecular Weight (g/mol) | Melting Point (°C) | Amount used | Moles used | (+) Tartaric Acid | 150.087 | 171–174 | 11.9 g | 7.93 x 10-2 | (+‚-) α-phenylethylamine | 121.18 | 184-186 | 10.0 ml | 8.25 x 10-2 |
Premium Sodium hydroxide Chemistry Solvent
and ADR Analysis Handling business disputes can be questionable at times with the uncertainties that can from having a case play out in court. There are various levels of court systems on a state level and the disputes can reach as high up to the states Supreme Court. Being efficient is one of the main keys when considering how to handle a business dispute. One option for a business to handle a business dispute would be to use an Alternative Dispute Resolution or commonly known as ADR. There are
Premium Dispute resolution Alternative dispute resolution Mediation
Due to Spratlys’ potential in terms of prosperity in resources‚ many countries are interested in claiming its ownership‚ namely Taiwan‚ Vietnam‚ Malaysia‚ Brunei‚ China‚ and Philippines. The Spratlys are located in the South China Sea between these countires. There are a number of reasons why the neighboring countries want to own the islands. Firstly‚ it is a great source of oil. It is estimated that the Spratly holds even greater natural gas reserves compared to Kuwait and is the fourth largest
Premium Spratly Islands Philippines South China Sea