CONTRACT LAW – LECTURE 4 Promissory estoppel Is about the enforceability of all alteration promises (promises to pay more and promises to accept less) and by contrast estoppels does not apply to promises about the formation of initial contracts Ex. If a creditor promises to accept a smaller sum in full settlement intending the debtor to rely on that promise‚ and the debtor does rely on it‚ the debtor may have a defence of promissory estoppels when sued for the balance by the creditor. The promise
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Text Reader Agency and Employment Law Dr. Jay-D Olivier INHOLLAND UNIVERSITY Diemen‚ Haarlem‚ Rotterdam Course Year 2010-2011 Term 5 Internal publication INHOLLAND University of Professional Education International Business Management Dr. Jay-D Olivier (BA Law‚ MA‚ D. Law‚ Ph.D) Contents Agency Law 3 Principal’s Duties to the Agent 18 Liability
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2006 "Ohm’s Law is the relationship among electric current‚ resistance‚ and voltage. The principle is named after the German scientist George Simon Ohm." Webster’s Online Dictionary. I will be discussing the uses of Ohm’s Law and why it is so important in everyday electrical problems whether it be simple or not. It is everywhere and used by many whether they notice it or not. Ohms law states that current in amperes is equal to voltage divided by resistance. This form of ohms law is most useful
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The rule of law is a legal maxim stating that no person is above the law‚ that no one can be punished by the state except for a breach of the law‚ and that no one can be convicted of breaching the law except in the manner set forth by the law itself. The rule of law stands in contrast to the idea that the leader is above the law‚ a feature of Roman law‚ Nazi law‚ and certain other legal systems. Albert Dicey British jurist A. V. Dicey popularised the phrase "rule of law" in 1885. Dicey emphasized
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What is the difference between hypothesis and law? A hypothesis is a statement‚ put forth on the basis of reasoning‚ about the things that are being studied. A hypothesis is an educated guess based on past scientific studies and previous experiments. It is not just a random guess. Observation is followed by a hypothesis. For example ‘Plants need sunlight to grow’ can be a hypothesis. It is formulated by taking into account all the observations that are know about the phenomenon under investigation
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question is whether Micky has a contract with Ureach Mobile Co. Section 11 of Contracts Act 1950 provides who are competent to contract‚ that is those who are of the age of majority according to the law to which she is subject‚ have sound mind‚ and not disqualified from contracting by any law to which he is subject (KrishnanL‚ RajooL‚ & VergisA.C‚2009). On the other hand‚ the Age of Majority Act 1971 states that the age of majority is 18 years and above‚ and anyone below that age would be regarded
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OBJECTIVE: To understand what the Case Law is and what is the importance‚purpose and history of the same and thereby getting a better understanding of the role and relevence of Case Law in India. HYPOTHESIS: Case Law or Common Law is a reported decision given by a court of first instance i.e. Supreme Court or High Court in which there are new interpretations of law and can be cited as precedent in the process of Stare Decisis. Case Law is law developed through decisions of Appellate Courts
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Addressing International Legal and Ethical Issues Contemporary Business Law/LAW 421 Monday‚ 18 February 2013 The issues involved in resolving legal disputes in international Transactions are the changes that are mad to international laws and regulations. The largest focus is the minimum wages. What is most discussed is China has a cheap labor force compared to America. This increases the profits for the company who outsources to cheaper labor cost. If the China manufacturing do not meet
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Law and Society : Chapter One Notes We live in a world governed by law. No matter what we do‚ the legal system and its laws are part of everyday life. Our legal system strives to represent principles Canadians believe in and each generation influences the legal system by changing existing laws or bring in new ones. In 1982‚ for example‚ the Government of Canada enacted the Charter of Rights and Freedoms that guarantees certain rights to all Canadians‚ regardless of their age‚ race‚ ethnicity
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OHM’S LAW INTRODUCTION Ohm’s law states that the current through a conductor between two points is directly proportional to the potential difference or voltage across the two points‚ and inversely proportional to the resistance between them provided the temperature remains constant. The mathematical equation that describes this relationship is: where V is the potential difference measured across the resistance in units of volts; I is the current through the resistance in units of amperes and
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