consideration‚ in the sense of law‚ may consist either in some right‚ interest‚ profit or benefit accruing to the one party or some forbearance‚ detriment‚ loss or responsibility‚ given‚ suffered or undertaken by the other”. In relation to Rent a Tents contract with Susie the terms of the contract are that in return for Rent a Tent providing a marquee for the birthday weekend Susie will pay £2‚000. This is a binding contract as the several requirements to make a binding contract are‚ offer and acceptance
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liability. There are three differences between liability and contractual liability: A. The difference of base. Contractual liability means that due to the breach of duty‚ contractual collateral obligation of contract or violates the "contract law" provisions of the obligations. Finding out a contractual liability has to be in terms of contract. However‚ there are no needs for liability‚ which point liability are monetary damages that are sought from the offending party. They are intended to compensation
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Grading Summary | These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. | Date Taken: | 2/5/2012 | Time Spent: | 1 h ‚ 46 min ‚ 19 secs | Points Received: | 173 / 190 (91.1%) | | Question Type: | # Of Questions: | # Correct: | Short | 2 | N/A | Essay | 4 | N/A | | | Grade Details | 1. | Question : | TCO B. The "public comment" period closes on an OSHA proposed
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‘The director of a company owes a fiduciary duty to the company’. Do you agree with this statement? Introduction A company is a distinct legal entity created by statute. Companies have many of the same legal rights and obligations as do individuals. They can own and sell property‚ they can hold profits or acquire debts‚ they can enter into contracts and sue or be sued‚ and governments can tax them. Companies are advantageous primarily because they become legal entities that are separate and
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1. Describe the duties and responsibilities of own work role As a practitioner‚ we are obliged to adapt to different sittings for children and young people. Every setting will offer certain benefits and sometimes drawbacks. When working with children and young people‚ we need to respect the duties and responsibilities of our own work role‚ The effective practice as a team member will depend on communicating with co workers and heads. One must respect
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I have my own views about becoming the Principal of my school. I feel that the principal of the school should also be elected from the students. When we live in a democracy‚ why should we deny this right to the students? There should be a Students’ Council elected by the students themselves. Every class should send its own representative. These class representatives should form a Parliament. The Principal should be made responsible to them. The students are never consulted in the appointment of the
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of five trucks costing $950‚000. Laws To interpret these issues‚ this paper will consider section 126‚ 128(1)(4) and 129 of the Corporation Act 2001 (Cth) as well as the Turquand rule of internal management in common law. Section 126 stated that a firm could exercise the power to make‚ ratify and discharge a contract through an agent. In other words‚ the company will be liable for contract entered into by its agents on the behalf of the firm if the agent has been given express‚ implied or
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Research Paper Title 2008/9 ‘Termination of the contract as a remedy for breach of contract by the seller: a comparison between English law and the CISG.’ A Research Paper submitted to the University of Manchester for the Degree of LL.M Masters (International Business Law) in the Faculty of Humanities. School of Law ID#744178 April 2008/9 Declaration i. No portion of the work referred to in the research has been submitted
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INDIAN CONTRACT ACT 1. S. 124 - Gajanan Moreshwar Parelkar v Moreshwar Madan Mantri (Indemnity) (Plaintiff‚ at the request of the defendant‚ executed two mortgages in favour of Mohandas. Defendant wrote a letter promising to indemnify the plaintiff against any suits by the mortgagee‚ along with executing a third mortgage in place of the previous two. Plaintiff prays that the defendant obtains a release of liability from Mohandas; Issues: 1) Can the indemnified ask for performance of the contract
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roles played by social influence and biological influence are both relevant. When studying socialisation sociologists are more interested in looking at social influence and nurture factors. Primary socialisation begins as soon as we are born‚ and usually continues until a child begins primary school. This time period is when parents play the most significant role and is the reason why family is seen as the most important agent of primary socialisation. As more mothers go back to work after maternity
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