A stranger to a contract can’t sue…!!!! Submitted by:- Ankit Bhardwaj 091004 M.B.A. III sem. The basic answer to this question is ‘NO’‚ as the following literature supports and explains this fact effectively. A contract is an agreement between two or more parties that creates an obligation to do or not to do something. The parties
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Introduction Area of law for this case is law of contract. Contract is defined of section 2(h) of the Contract Act (CA) as a contract is an agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation‚ which may have elements in writing‚ though contracts can be made orally. A contract is a legally enforceable promise or undertaking that something will or will not occur. The word promise can be used as a legal synonym for contract. Although care is required
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1. Voidable Contract: An agreement which is enforceable by law at the option of one or more of the parties thereto‚ but not at the option of the other or others‚ is a voidable contract. A contract is voidable when one of the parties to the contract has not exercised his free consent. One of the essential elements of a formation of a contract for example‚ free consent‚ is absent. All voidable contracts are those which are induced by coercion fraud or misrepresentation. The person whose consent is
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Contracts Review Common law majority Rule UCC Article 1 & 2 (transaction in goods)- usually same as majority common law except in a few areas Significant minority rules- will be on test and are there to fool you. DO NOT CHOOSE! 34 Contracts MCQ * 60% Offer and Acceptance (6-8 Qs)‚ Conditions (6-8Qs) and Remedies- UCC and Common law (6-8 Qs) * 40% - 1-2Qs on the following areas * Consideration * 3rd party beneficiaries * Assignments and delegations * Statute
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presence of consideration which distinguishes a contract from a bare agreement. In fact the doctrine of consideration has been incorporated in Section 25 of the Indian Contract Act. Section 2(d) of the Act reads : " When at the desire of the promisor ‚ the promisee or any other person has done or abstained from doing or promised to do or abstain from doing anything ‚ such act or abstinance or promise is called a consideration for the promise." The doctrine of course has its roots in the early common
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Michael Sanders Mr. Phillip Peterson Doctrine I April 11‚ 2013 Worship Worship as defined is the act of bringing adoration to something or someone. All religions have some form of worship to their deity. As Christians our worship is given to the one true living God‚ the God whose inspired word is the Bible. Although as humans worshiping a perfect God‚ Christians do not always worship God the way that He wants them to. Due to our fallen nature humans focus on themselves; we are self-centered
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“PEOPLE ONLY DO THE RIGHT THING TO AVOID GETTING INTO TROUBLE” This is a very controversial statement. Some people may agree that people do the right thing because of their morals and ethics. However others may disagree and say that the only reason people do the correct thing is because they do not want to face up to the consequences of the law. One side of the argument would be that some people do not look at consequences of actions; they do the right thing because they feel it is inhumane
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[pic] From the May 2008 issue To Prevent Wildfires‚ Avoid Open Burning Due to retreating snows and the onset of warm‚ dry weather‚ people should avoid burning brush and other debris during early spring conditions. Every spring‚ firefighters respond to hundreds of wildfires caused by open burning. In fact‚ brush and debris burning is the second most common preventable cause of wildfires. A lack of green vegetation‚ lots of dead vegetation‚ warm temperatures‚ sun and winds all allow wildfires
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Ethics Of The At-Will Employment Doctrine There are two types of employment practices in the United States‚ at-will and just cause. An at-will employee can be terminated at any time‚ for any reason‚ within the scope of law. Just cause employees can only be dismissed in good faith and with good reason. At-will employment is standard in many corporations across the United States. Although it is legal‚ the practice raises some ethical concerns. The at-will doctrine provides employees little to no
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Essential Elements of Contract Contract represents the instrument to enforce promises. Not all statements amount to enforceable promises or contracts. To enforce statements there are a number of elements which courts look for and these mainly include the presence of offer‚ its communication‚ its unconditional acceptance and communication of the acceptance. Once this has taken place then the element of consideration gives the badge of enforceability to the contract and the contract is then enforceable
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