Lloyds Bank v Carrick 13. Birmingham Midshires Mortgage Services Ltd v Sabherwal 14. City of London Building Society V Flegg Statutes : 1. LRA 1925 S. 70(1)(g) ‘’Critically assess the contribution that the equitable doctrine of proprietary estoppels makes to modern land law.’’ During the Norman conquest in 1066‚ William the Conqueror instead of rewarding his followers with money and titles‚ he in-turn awarded them titles to lands and‚ in turn depleting the native-landholders of
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Promissory Notes Section 4 - Promissory note[6] A “promissory note” is an instrument in writing (not being a bank-note or a currency-note) containing an unconditional undertaking‚ signed by the maker‚ to pay a certain sum of money only to‚ or to the order of‚ a certain person‚ or to the bearer of the instrument. A promissory note is a legal instrument (more particularly‚ a financial instrument)‚ in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to
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that does where it is? Now to answer the question‚ the instrument that is used here is called a promissory note‚ meaning I promise to pay such and such amount by this date. In this particular case the document that states: “I promise to pay to the order of Bob’s Auto Emporium $ 20‚000 with interest at the rate of 7% per annum “‚ granted it is a promise‚ but this one is not negotiable. For a promissory note to be negotiable is has to be in writing‚ it must be signed by the preparer‚ it must be an
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Proprietary estoppel is a powerful equitable legal concept; used as both a ‘sword’ and a ‘shield’ which distinguishes it from other equitable concepts. To have a successful claim within proprietary estoppel three basic requirements must be fulfilled‚ as quoted by Ying Khai Liew: “B induces A to assume‚ through a promise‚ assurance or acquiescence in A’s mistaken belief‚ that B will cede an interest in property he or she owns to A‚ and A detrimentally relies on the assumption” This essay will
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G.R. No. L-11840 December 10‚ 1963 ANTONIO C. GOQUIOLAY‚ ET AL.‚ plaintiffs-appellants‚ vs. WASHINGTON Z. SYCIP‚ ET AL.‚ defendants-appellees. Facts: On May 29‚ 1940‚ Tan Sin An and Antonio C. Goquiolay formed a commercial partnership in Davao‚ having capital contribution of 40% and 60%‚ respectively. The business of the partnership is to engage in the buying‚ resale and lease of real estates for subdivision. Among the conditions agreed upon in the partnership agreement that are material
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Proprietary estoppel protects a person who has a non contractual agreement over land but they have suffered a detriment due to them acting upon a reliance based on an assurance made by the claimant. There has been much discussion in recent case law and academic commentaries as to the elements which make up the nature of proprietary estoppel. Unconscionaibility is a major point for discussion in deciding whether it should be treated as a separate element or if it is linked into the three main elements
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ADMINISTRATIVE LAW ASSIGNMENT DIPLOMA IN LEGAL STUDIES PUBLIC LAW II 2010/2011 “What is the current status of the doctrine of legitimate expectations in Irish law? How do you think the doctrine will develop in the coming years”? WORD COUNT 2881: NOT INCLUDING FOOT NOTES OR BIBLIOGRAPHY PAGE COUNT 10 DEADLINE 6.00pm on the 31st March 2011 “Take nothing on its looks; take everything on evidence. There’s no better Rule.” —Charles Dickens in “Great Expectations” “unhappiness could well
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following. 2. On December 1‚ 2014‚ the plaintiff loaned me $4000.00 pursuant to a promissory note of the same date. Under the terms of the note‚ the entire amount as well as interest at a rate of 12% per annum‚ commencing December 1‚ 2014‚ was due in full on March 1‚ 2015. Interest continues to accrue at the same rate until such time as all amounts are paid in full or judgment is obtained. A true copy of the promissory note dated March 1‚ 2015 is attached as Exhibit 1. 3. Shortly after the date I
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What is the role played in contract law by the doctrine of consideration 1. Controversies and challenges of consideration. For a contract promise to be enforceable‚ that promise must normally be supported by consideration. Any contractual promise must be supported by consideration unless an exception applies. A promise will be supported by consideration if it’s given as part of a bargain or exchange rather than a gift. Second‚ the promiser or 3rd party should receive some act forbearance
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The Doctrine of Fascism Some General Ideological Features "Reactionary concepts plus revolutionary emotion result in Fascist mentality." -Wilhelm Reich Is nationalism inherently evil? Would a one-world government be more preferable? Are appreciating and defending one’s own culture and cultural values somehow primitive instincts that must be overcome by the educational efforts of the enlightened? We have all heard of Fascism
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