Consideration in contract formation ------------------------------------------------- Top of Form Consideration is essential to the formation of any contract made without deed. It distinguishes a bargain or contract from a gift. Lush J in the case of Currie v Misa (1875) referred consideration consist of a benefit to the promisor or a detriment to the promisee as: “Some right‚ interest‚ profit or benefit accruing to one party‚ or some forbearance‚ detriment‚ loss or responsibility given‚ suffered
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C. Jarv Consideration of Animal Rights Peter Singer’s Theory of equal consideration for animals means that animals should be equal rights with respect to their particular interests. If a bird’s interest is to lay eggs‚ nest‚ fly and eat. It should be left to those interests. Different animals species have different interests. Implications of this would be an animal would not work a farm‚ be used in research‚ be served on the dinner table or any other activity that might remove it from
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Assignment: Ethical considerations in respect of advertising‚ sales promotion‚ pricing‚ product packaging and obsolescence. 2011 Introduction Ethics is concerned with what is right and what is wrong. Ethics relate to moral evaluations of decisions and actions as right or wrong on the basis of commonly accepted principles of behaviour (Dibb et. al.‚ 1997)‚ in other words‚ ethics are the moral principles and values that govern the actions
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It is the presence of consideration which distinguishes a contract from a bare agreement. In fact the doctrine of consideration has been incorporated in Section 25 of the Indian Contract Act. Section 2(d) of the Act reads : " When at the desire of the promisor ‚ the promisee or any other person has done or abstained from doing or promised to do or abstain from doing anything ‚ such act or abstinance or promise is called a consideration for the promise." The doctrine of course has its roots in the
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Considerations of Marketing in America Paper Taylor Magnuson Grand Canyon University: BUS 340 March 29‚ 2015 In such a cutthroat society‚ many companies rely on marketing to give them the competitive edge over their competition‚ but how far is too far? Discussing the legal and ethical ways to successfully market while capturing the trust and high brand perception‚ some concerns such as marketing to children‚ puffery‚ harmful products‚ and stealth marketing are always made known. Companies give
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MEMORANDUM TO: Management FROM: Anonymous Re: Quality costs for consideration Date: February 7‚ 2012 Our firm is the producer of tangible products. We‚ as a company‚ must ensure that we are delivering the highest quality products to our customers to maintain a quality reputation and in order to earn repeat and referral business. We have identified the three types of costs associated with the implementation of quality considerations. We believe that if we are mindful of the following costs our
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Management and Budget and Congressional Budget Office The Office of Management and Budget and the Congressional Budget Office play a huge role in the U.S Government. The Office of Management and Budget is a part of the Executive branch whereas the Congressional Budget Office falls into the legislative branch. These two agencies have different responsibilities and powers‚ which are used to help our country run smoothly in the financial aspect. The OMB was created in 1921 through the Budget and Accounting
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A network -Collection of devices that can talk to each other. Applications that use the network -Web browser and FTP -Database application -Instant messenger -Email -Online games Considerations for network applications -Speed -bit byte (8 bits) kilobyte (1024 bytes) megabyte (1024 kilobytes) gigabyte (1024) terabyte (1024 gigabytes) -Delay -Voip has certain delay requirements for voice to be transmitted into data from one point to the next -Availability -How available is your
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Budgets provide a means for planning the financial future and play a vital role for planning. Budgets simultaneously make managers construct and implement plans‚ contribute useful information for improved decision making‚ provide a standard to administer performance evaluation‚ and enhance organization and communication. An essential component of the budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to
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the rooms while considering all the characteristics and modern needs of man. My first consideration was that the living room should be open or connected to the kitchen‚ because we wouldn’t want the person in the kitchen be left out from the conversation in the living room. The dining table is between the living room and kitchen for a couple of reasons: space conservation and social activities. Another consideration was the destination of the bedrooms‚ because they have to be in the east to be able
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