LAW OF CONTRACT The Law of Contract is that branch of law which determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. Indian Contract Act‚ 1872 came into effect from 1st September‚ 1872. It extends after
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INFRASTRUCTURE CONCESSION CONTRACTS: AN INTRODUCTION #2/July 08 What is infrastructure concession contract? What are the advantages and disadvantages of concession contracts? This paper addresses these two questions. Also‚ it outlines the basics of infrastructure concession contracts. I. Introduction Ownership of public assets is a sensitive issue for all governments. However‚ budgetary shortfalls as well as the repeated failure of governments all over the world to maintain these assets have
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Certificate in Human Resource Practice (Cert in HRP) 2014/15 Week Commencing Mon Sept 15 Induction Mon Sept 22 Self Study week Mon Sept 29 Learning styles and reflective Practice (4DEP) Mon Oct 06 Training Needs Analysis (4DEP) Mon Oct 13 Types of Organisation and HR’s Role (3HRC) Saturday 18th October Skills Workshop Mon Oct 20 Organisation Design (3HRC) Submission Date for Developing Yourself as an Effective Human Resources Part 1 Friday 24th October @ 22:00 Mon Oct 27 Tutorials Mon Nov 03 Delivering
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of the contract Termination of the contract Under common law‚ a contract of employment may be terminated by: (a) Agreement with notice; (b) Death of the employer or employee; (c) Frustration; (d) Insolvency; or (e) Breach. Termination by agreement with notice The ending of a contract of employment is most often achieved without any breach of its terms. A contract can be terminated at common law by either party giving the notice required by the terms of the contract‚ or by
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Asif Tufal Contract-Law-page CASES ON FORMATION OF A CONTRACT OFFER Payne v Cave (1789) The defendant made the highest bid for the plaintiff’s goods at an auction sale‚ but he withdrew his bid before the fall of the auctioneer’s hammer. It was held that the defendant was not bound to purchase the goods. His bid amounted to an offer which he was entitled to withdraw at any time before the auctioneer signified acceptance by knocking down the hammer. Note: The common law rule laid down in
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Definition Bilateral Contract A bilateral contract is a legal agreement formed between two parties where both parties involved give mutual promises that they both are legally obligated to perform an act in exchange for the other party’s act in future. It means the promise of one party is consideration supporting the promise of the other party. Each party is both promisor and promisee. A bilateral contract specifies a duty to act in exchange for another party’s duty to act. It is also called "reciprocal"
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1. Article 2 of the UCC mandates that the parties to a sales contract state in specific and unambiguous language the exact terms of the contract. Otherwise‚ courts will declare the contract unenforceable. True False 2. Law of sale of goods codified in the Art.2 of the UCC is modified to accommodate current practices of the merchants. True False 3. In mixed goods-services situations‚ courts determine whether the contract is for the sale of goods by determining whether the good or
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Contract of employment Employer: Al-Futtaim real estate Company Dubai – UAE Employee: Ahmed Tarek Mohamed Sharjah – 22 Al Wahda Street UAE Place of Work: The Employee shall be based for the time being at Al-Futtaim real estate Company in Sharjah. 1. Job Function: The Employee shall be employed as Accountant 2. Probationary Period: A probationary period of three months will apply. A letter‚ notifying the Employee of his appointment to permanent staff‚ will be
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1 Roaring Camp Handout The Basics During Week 14 (4/13‒4/19) there will be a special discussion forum on Roaring Camp: The Social World of the California Gold Rush‚ by Susan Lee Johnson. Participation in this discussion forum is mandatory. Your term paper on Roaring Camp is due by 10 PM on Monday 5/6 and is worth 100 points. Under no circumstances will I accept a late term paper. There is also an extra credit assignment based on Roaring Camp . Reading the Book & Focus Questions for the Week
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Creating Motivated College students Going to college instead of pursuing other endeavors is one of the biggest decisions that a student will make in their lives up to that point. Once they are in college‚ however‚ parents often feel challenged to ensure that their children are doing well‚ that all of their needs are taken care of and that they are motivated to do well while they are there because parents understand how important college is to the next phases of their children’s lives. Whether they
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