| |II. |Course Title |: |OBLIGATION AND CONTRACTS | |III. |Course Credit |: |3 units
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international contract is a contract that has a foreign element‚ that is to say that the contract is in contact with one or more order (s) legal (s) abroad (s). Specifically‚ the foreign element may be resident abroad‚ a party to the contract‚ nationality‚ place of contract conclusion‚ and many other possibilities. The commercial contract is a contract for a commercial transaction or a contract made by a trader for the purposes of his trade. Therefore an international commercial contract is the addition
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For parties to be bound by an agreement‚ it must first be determined if a prima facie valid and enforceable contract exists. A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law [1]. For a legally binding contract to exist the following elements must be satisfied: 1. An offer must exist 2. The offer must be accepted 3. Consideration must
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The Land Registration Act 2002 has actually replaced the previous legislation in particular The land Registration Act 1925 which governed and earlier though similar system but with the new statute now governs all matters concerning registered title. The Land Registration Act 2002 was introduced in response to the Law Commission and HM Land Registry report‚ Land Registration for the 21st(2002)1. The Land Registration Act 2002 came in to force on October 13th 2003 . Its main objective is to provide
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TARGET DATA BREACH 2013/14 Introduction There are many types of breaches that can occur when it comes to secure systems and networks. The target breach of 2013/14 was due to human error. It is said that the company had easily stolen credentials. If there was the necessary secure measures taken‚ this breach could have been stopped. Target did not have an adequate firewall which is why the hackers were able to corrupt the system and steal personal information and credit card information. This whole
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Japanese Studies Applicable to students admitted in 2012-13 (3-year curriculum) 1. Major Programme S6/S7 students Students are required to complete a minimum of 69 units of courses and to participate in one academic year (not less than eight calendar months) of resident study in Japan before graduation. However‚ with the approval from the Department‚ students can apply to take the existing local study scheme+ if they have strong justifications or when resident study in Japan is not possible due
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Contract Scenario Stanley Moore Business Law 575 December 2‚ 2013 Professor Thomas Kershaw Contract Scenario Recently‚ Danny Davidson sold a family home to his friends Paul and Priscilla Peterson whereby entering into a $250‚000 verbal agreement for the purchase of new home. However‚ Danny neglected to tell Paul and Priscilla about Ned the neighbor and the emerging dispute pertaining to the boundaries of the south property. Once the purchase was final the Petersons proceeded to invest an
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INTRODUCTION Indian Contract Act 1872 is the main source of law regulating contracts in Indian law‚ as subsequently amended. It 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. The Indian Contract Act 1872
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1. Voidable Contract: An agreement which is enforceable by law at the option of one or more of the parties thereto‚ but not at the option of the other or others‚ is a voidable contract. A contract is voidable when one of the parties to the contract has not exercised his free consent. One of the essential elements of a formation of a contract for example‚ free consent‚ is absent. All voidable contracts are those which are induced by coercion fraud or misrepresentation. The person whose consent is
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Week 1 – Welcome / Introduction to Law I. 1. 2. 3. 4. Introduction to Law Not Not Not Not Divine Law‚ law of religion and faith Natural Law‚ justice‚ fairness and righteousness Moral Law‚ norms of good and right conduct Physical Law‚ order or regularity in nature Sources of Law i) i) Constitution – Fundamental Law of the land ii) ii) Legislations – Passed by Senate and House of Representatives iii) iii) Administrative issuances – Quasi Legislative Functions iv) iv) Jurisprudence – Decisions of the
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