INTRODUCTION The law of contract is the collection of legal rules which govern contracts. These rules‚ in turn‚ are part of the law of obligations‚ a subdivision of the law of property which is traditionally regarded as part of private law. Private law governs the persons (legal subject) in their personal or private capacity before the law in relation to other legal subjects. In other word‚ private law can be defined as balance and protect legitimate individual interests. Traditionally private
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Introduction The Equal Protection Clause can be argued to be one of the most important rights a citizen has in the United States. It is one of the techniques someone can use to combat discrimination by a law‚ action‚ or procedure. However‚ an equal protection challenge can be just that‚ a challenge. This clause is much more complex than perceived. When brought before the court‚ it is decided on what level of scrutiny it will be examined. As equal protection is part of a list of rights for free citizens
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In Malaysia‚ our contract law is basically governed and enforced by the Contract Act 1950. The remedy of specific performance presupposes the existence of a valid contract between the parties to the controversy. The terms of the contract must be definite and certain. This is significant because equity cannot be expected to enforce either an invalid contract or one that is so vague in its terms that equity cannot determine exactly what it must order each party to perform. It would be unjust for a
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Sample Contract Exercise Contracts are the bloodline of business. Thus it is absolutely crucial that you understand what you are or your business is signing. We have looked at some common clauses found in contracts like restraint of trade clauses‚ exclusion clauses and liquidated damages clauses. In addition to these‚ there are many other common clauses and the purpose of this exercise is to highlight these clauses as well. If you do a simple search in the Internet you will realize that many of
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CONTRACT AND RELATED OBLIGATION Prof. Hillman I) Theories of Obligation A) CONTRACT: Agreement with Consideration – Bargain Theory of Consideration Definition: A promise that is supported by consideration because the promisor gets something (extracts) from the promissee in exchange for the promise. Ex: I tell Alice I will sell her my piano for 400 dollars and she agrees. I promised my piano in exchange for something (400 dollars) therefore my promise is enforceable. 1) Bargained
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1. Introduction Breach of contract is when one or both parties‚ who came to a mutual agreement‚ do not fulfil their contractual agreement i.e. interfering in the other party’s performance or non-performance by one or both parties. These are only two of the possible five forms of Breach of Contract. The five types of Breach of Contract will now be discussed in detail. 2. There are five different forms in which Breach of Contract can take place: a. Default of the debtor (mora debitoris) i. Explanation
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1)Define the term social inclusion. Social inclusion can be defined as a concept where everyone in society or in a community feels valued‚ their beliefs and culture are respected‚ people with disabilities are treated with dignity and given the opportunity to contribute to their respective community. Social inclusion also involves ensuring people’s basic needs are being met‚ all people have equal opportunities to gain employment‚ everyone is able to access educational opportunities and are able to
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A contract intends to formalize an agreement of two or more parties‚ in relation to a particular subject. Contracts can cover an extremely broad range of matters including the sale of goods or real property‚ the terms of employment or of an independent contractor relationship‚ the settlement of a dispute and ownership of intellectual property developed as part of work for hire. Essential Elements of a Contract * Clear certain and communicated agreement. Meaning that the parties are consensus
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DETAILED SURVEY OF LITERATURE 2.1. THE FINANCIAL INCLUSION IMPERATIVE 2.1.1. DEFINING AND MEASURING FINANCIAL INCLUSION 2.1.2. UNDERSTANDING THE CONSUMER 2.2. FINANCIAL INCLUSION: FROM OBLIGATION TO OPPORTUNITY 2.2.1. ROLE OF FINANCIAL INSTITUTIONS 2.2.2. ROLE OF REGULATORY AND PUBLIC POLICY AGENCIES 2.2.3. ROLE OF GOVERNMENT AGENCIES 2.2.4. ROLE OF INFORMATION TECHNOLOGY 2.2.5. ROLE OF INTER-SECTOR COLLABORATION 2.3. KEY NATIONAL FINANCIAL INCLUSION INITIATIVES 2.3.1. INITIATIVES FOR PROMOTING F.I
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the Germans‚ the most condemning section of the Treaty of Versailles is Article 231‚ famously known as the ‘War Guilt Clause’. Amos Hershey apprises the popular German opinion of the time stating‚ “The acknowledgement of guilt in Article 231 [of the Treaty of Versailles] seems to me like a smarting wound which burns in the soul of the German people" (653-654). The War Guilt Clause blinded the Germans with anger and pushed them towards Hitler’s intent for war. Although the Treaty of Versailles is responsible
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