Md. Anisul Islam‚ Id-1010025 01. 02. No‚ There is no quasi-contract here. Here is a contract of specific performance. 03. No‚ Klick-Lewis did not want to make a legal offer because it refused to give the car as prize & also neglected to remove the car & the sign before Cobaugh’s play in the tournament. 04. 05. 06. No‚ Madaio did not effectively accept the offer before McCarthy withdrew it. Because Madaio signed the contract but did not mailed or informed McCarthy before withdrawal. 07
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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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Image of handshake. Diffen. 2015 Elements of a Contract Hillary Fullmer Eth/321 January 12‚ 2015 William Eshelman Elements of a Contract An agreement that is legally bound between two or more people is a considered a contract. There are three elements that make up a contract agreement‚ consideration‚ capacity‚ and legality. Agreement is the coming to terms with both parties involved by acceptance of the offer. Consideration is the return of the value promised for an action or non-action that
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30th May Thursday 11-12 (replacement) 1b) Negligence misrep – For this‚ the common law negligent misrep is followed- i.e. that is duty of care‚ “special relationship” ‚ breach of standard of care‚ causation‚ and remoteness. 1c) Duress is pressure exerted by one person to coerce (influence someone to do smth) another to contract on particular terms. The main types are duress of the person “actual or threatened violence or unlawful imprisonment”‚ duress of goods “wrongful detaining‚ damaging or
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consideration is irrelevant because the law does not prohibit bargains. 5. Is there consideration when a secured note for a lesser amount is given and accepted in discharge of an unsecured note for a greater amount? Explain. No‚ because if a secured not for a lesser amount is given and accepted in discharge of an unsecured note for a greater amount‚ the difference between the two notes is discharged. The security is the consideration to support the contract to settle for a lesser sum. 6.
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AirMalaysia for her damages because of the flight cancelled? Law and Application: On the fact Theresa booked the ticket from Kuala Lumpur fly to Melbourne on 1st December 2009 the flight was confirmed and paid‚ so Theresa was enter into contract with AirMalaysia‚ but on 1st December 2009 AirMalaysia cancelled the flight and the airline can’t give alternative flight to Theresa‚ according to contract act 1950 section 40 when a party to a contract has refused to perform‚ or disabled himself from performing
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5 Indian Sale of Goods Act‚ 1930 1. Contract of Sale – Meaning A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another [Sec 4(1)]. A contract of sale may be absolute or conditional [Sec 4(2)]. The term ‘contract of sale’ includes both a ‘sale’ and an ‘agreement to sell’. 2. Essentials of a Contract of Sale (Refer text for details) a. Two
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– OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it effect to the agreement? Consideration is
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TOPIC THREE: LAW OF AGENCY * Nature and Creation of an Agent * Duties of an Agent to his Principal * Duties of a Principal to his Agent * Termination of Agency Contract NATURE OF AGENCY What is an agency? Section 135 of Contract Act 1950: “Agency is the relationship which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others.” There are two types of agency contracts:- 1. Contract between principal & agent
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Having entered into a written contract to purchase the premises Paul mentioned of the changes that took place. Advise Jenny Issues • Whether or not Pauls actions contributed to misrepresentation‚ if yes what remedies are available to Jenny • Are there any arguments available to Paul as it relates to counter claiming the action of misrepresentation brought against him Rules • A misrepresentation is a false statement of fact‚ inducing another to enter into a contract. There are different types
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