BTEC National Business Unit 21: Aspect of contract and business law Assignment 1: The requirements for a valid contract P1: Identify the legal criteria for offer and acceptance in a valid contract. In order for a contract to be legally binding‚ both parties must make an offer and an acceptance of that offer. An offer‚ by law it is generally presumed that in a commercial transaction‚ the contracting parties must have the intention to create a legally binding contract. This means that if they
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Consequently‚ as you move through history after this point‚ this social wedge described between the white and black populations would only expand as time moved on. In 1676‚ following the backlash from Bacon’s Rebellion‚ a violent united effort by both slaves and servants/lower class whites towards the higher class‚ plantation owners‚ in order to avoid future acts of violence towards them by their servants and slaves‚ decided to attempt to separate the groups. With that being said‚ the separation
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Population has been growing drastically for several years. It is shown that the world population has increased from 2 billions in 1930 to 6.8 billion in 2010 (Black‚ 2010). Feeding such a rapidly growing population has always had many challenges‚ however‚ with the population expectancy of 9 billions by 2050 only adds to the already very omnipresent pressure and concerns. In a world where already one billion people are currently suffering from chronic hunger ‚ it is time to have a plan with solutions
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ESSENTIALS OF A VALID CONTRACT A valid contract has to have the following essential characteristics: * Proper offer and acceptance An offer to be valid must contain certain conditions such as it must intend to create legal relationship‚ its terms must be certain and unambiguous‚ it must be communicated to the person to whom it is being made. An acceptance to be valid must fulfill certain conditions such as it must be communicated by an authorized person before the offer lapses. *
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ESSENTIAL ELEMENTS OF A VALID CONTRACT: To be enforceable by law an agreement must possess the essential elements of a valid contract as laid down by Sec.10 of Contract Act in the following terms; ‘All agreements are contracts if they are made by the free consent of parties competent to contract‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.’ Following are the conditions for validity of the contract in detail. 1. Offer and Acceptance:
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The word “Population Growth” has its origin from the latin words ‘Populus’ meaning people. According to ecological term; “population is group of people of the same species occupying a particular space”. Population is subdivided further into demes or local population which is group of interbreeding organism in demes; they share a common gene pool. Population density is defined as a number of individual per unit area or per unit volume of environment. When the size of the individual is uniform the
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Explain the difference between psychological and ethical egoism‚ and why Rachels rejects both of these theories. Do you think his arguments are convincing? Why‚ or why not? Psychological egoism: all men are selfish in everything that they do; the only motive from which anyone ever acts is self interest Even if what they do is benefiting others‚ they are to believe that whatever they are doing is actually to their own benefit Ethical egoism: a normative view about how men ought to act. Regardless
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Difference between Your Mother and Grandmother ‘Grandma’‚ a word which fills you with emotion as soon as you hear it. She is a person who would go over the top to fight for you. Be it her own son‚ or even her soulmate‚ she would fight with anybody to defend you. Even if you’re wrong‚ even if you hurt her‚ she would be good to you no matter what. Your mom‚ for once‚ might hit you‚ scold you‚ but your grandma would never do that. Mothers have the household to look after‚ but you; believe me‚ you mean
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deeply‚ I thought I would find ways to challenge these misconceptions. Key Concepts and Misconceptions of Area When defining area‚ Koshy et al (2000) discuss that it is a two dimensional concept and relies on comparison with a square due to measures of area being in centimetres squared (cm2) or metres squared (m2). Due to the nature of these measurements‚ it is easy to see why children misconstrue these concepts. The National Numeracy Strategy requires that teachers ’identify mistakes‚ using
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The many complex characters in the play Measure for Measure allow for much interpretation in readers to occur on what is being measured‚ and what is more of value being measured. Isabella has the option of either saving the life of her brother Claudio‚ who was sentenced for death‚ or give up her chaste‚ which would prevent her from becoming a nun. By ultimately deciding his death was the best option‚ Isabella’s virtue is clear‚ but her commitment to this can result in selfish decisions. Through this
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