there is binding contract between the two parties‚ Baldcure Ltd. and Gary Knudenut‚ and consequently whether Gary can sue under that contract. Rule A contract is a legally enforceable agreement between two or more parties. To be valid‚ a contract must comprise of the following elements: - agreement (offer + acceptance) - intention - consideration - capacity to contract - consent - legality In order to establish whether there is a binding contract between Gary and
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Water is an essential element for life. Many people must confront daily the situation of an inadequate supply of safe water and the very serious resulting consequences. The intention of this paper is to present some of the human‚ social‚ economic‚ ethical and religious factors surrounding the issue of water. The Holy See offers these reflections on some of the key issues in the agenda of the 3rd World Water Forum (Kyoto‚ 16th-23rd March 2003)‚ in order to contribute its voice to the call for action
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delay must be compensated. The amount of compensation is usually set in advance and called ‘liquidated damages’ - Use a straightforward calendar date to name the delivery date: 15th September 2010‚ for example. The parties often plan for the contract to come into existence in two steps: the signature date and the date of coming into force. The date of coming into force is not usually a calendar date‚ but the date on which the last precondition is met. Common preconditions are: + Receipt
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INTRODUCTION AND RATIONALE OF QUASI CONTRACTS:- Under the general heading of the Quasi contract there has been grouped a number of cases which have little or no affinity with contract. A simple illustration is afforded by the action to recover money paid by mistake. If the plaintiff on an erroneous interpretation of the facts‚ pays to the defendant a sum of money which he does not really owe‚ law‚ no less than justice‚ will require he defendant to restore it. But his obligation is manifestly not
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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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DISCHARGEMENT OF CONTRACT The law of contracts forms a substantial part of our various relationships that can have some sort of influence over us on an almost daily basis – even when there is no physical contract in front of us we may still be privy to some sort of contractual obligation. Alternatively‚ if you’re a fan of social theorists such as Jean-Jacques Rousseau‚ you may argue that we’re also bound by ‘the social contract’‚ but we digress. Getting back to our original point
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Aspects of Contract and Negligence for Business Table of Contents Introduction 3 CONTRACT BEGINNINGS 3 MAJOR CONTRACT ELEMENTS 3 CONTRACT FORMATION 5 CONTRACT TERMS AND REMEDIES 6 CONTRACT EXEMPTION……………………………………………………………………………………………………………………………………………8 NEGLIGENCE PRINCIPLES………………………………………………………………………………………………………………………………………….9 NEGLIGENCE DEFENCES………………………………………………………………………………………………………………………………………….11 VICARIOUS LIABILITY 1 NEGLIGENCE REMEDIES 13 EMPLOYER LIABILITY‚ HEALTH
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10 CONTRACT LABOUR IN INDIA INTRODUCTION 10.1 The system of employing contract labour is prevalent in most industries in different occupations including skilled and semi skilled jobs. It is also prevalent in agricultural and allied operations and to some extent in the services sector. A workman is deemed to be employed as Contract Labour when he is hired in connection with the work of an establishment by or through a contractor. Contract workmen are indirect employees; persons who are hired‚ supervised
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Express - Essential Credit Card The American Express Essential Credit Card is the latest offering on the market from American Express that has all the trappings expected from Amex without the cost. The card boasts a $0 annual fee and interest rate of 14.99% making it a popular choice for the everyday credit card user who wants to earn points without paying high fees. With a minimum gross income of $40‚000 required to apply and the minimum credit limit set at $2‚000 the American Express Essential Credit
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CIPD Factsheet The psychological contract Revised July 2011 ------------------------------------------------- What is the psychological contract? The term ’psychological contract ’ was first used in the early 1960s but became more popular following the economic downturn in the early 1990s. It has been defined as ’…the perceptions of the two parties‚ employee and employer‚ of what their mutual obligations are towards each other ’1. These obligations will often be informal and imprecise:
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