distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms‚ as they are merely invitations or requests for an offer. Unless this interpretation is employed‚ any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement‚ price quotation‚ or catalogue
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TREATY AND 1997 KOSI STUDY AGREEMENT Dr. AB Thapa Summary: The 1966 Revised Kosi Treaty is a landmark treaty entitling Nepal absolute right to use the entire water of the Kosi in whatever way Nepal pleases. The amendment of the Kosi treaty from 99 to 199 years solely serves Nepal’s interest. There is no justification in blaming King Mahendra for this amendment to 199 years. The 1997 Kosi Study Agreement has paved the way for implementing
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Name: ID: Lab Work 6-2 on ERD – Chapter 6 Consider the following processing requirements description of Dammam Electronic Hardware Management IS application: The Xtra electronic hardware company wishes to design and create a database for the sales IS application. A customer makes a purchase order for one or more hardware products such a computer‚ printer‚ iPod‚ etc. Once an order is completed an invoice is generated‚ then the customer is requested
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involvement of the Southern judicial system and individual Northern and Southern elites‚ but also the involvement of the corporation and reinstitution of slavery within a corporate context. This paper will examine our main focus—Was the US convict lease system “slavery” by another name? The affects of the Civil War were devastating to the Southern economy. Before the war‚ the South was the richest section of the country. Seventy five percent of American millionaires were Southerners and 24 of the
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CONTRACT LAW – LECTURE 4 Promissory estoppel Is about the enforceability of all alteration promises (promises to pay more and promises to accept less) and by contrast estoppels does not apply to promises about the formation of initial contracts Ex. If a creditor promises to accept a smaller sum in full settlement intending the debtor to rely on that promise‚ and the debtor does rely on it‚ the debtor may have a defence of promissory estoppels when sued for the balance by the creditor. The promise
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The fifth agreement is a way of self-evaluation and extra worries. The author of the novel is don Miguel luiz. He describes different processes that we go through throughout our journey from being young to old‚ different agreements that we make with ourselves. Awareness‚ symbols‚ truth‚ doubt‚ belief‚ dreams are some of the concepts that the author discusses throughout the novel. When we are born we are here convey a message to the world‚ the message is us. We are the angles‚ the messenger. The
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CHAPTER 21 Accounting for Leases ANSWERS TO QUESTIONS **1. The major lessor groups in the United States are banks‚ captives‚ and independents. Captives have the point of sale advantage in finding leasing customers; that is‚ as soon as a parent receives a possible order‚ a lease financing arrangement can be developed by its leasing subsidiary. Furthermore‚ the captive (lessor) has the product knowledge which gives it an advantage when financing the parents’ product. The current trend is for captives
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Terms The content of a contract are made up of terms (or ‘clauses’ as they are called in the case of written contracts) which may be express or implied. The express terms are the terms which the parties actually stipulated for themselves when making the contract‚ whether orally or in writing. In addition to the express terms‚ the courts sometimes‚ for a variety of reasons‚ imply certain terms into the contract. Implied terms are terms that are not expressly stated in the contract but are deemed to be
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Introduction: The Agreement on Agriculture is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade‚ and entered into force with the establishment of the WTO on January 1‚ 1995. The Agreement on Agriculture is one of the two main sectoral agreements in the Uruguay Round Agreements that provides the specific rules in the liberalisation of agricultural products. The other one is the Agreement on Textiles. As
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Common Contracts paper Alyssa Baker-Brake LAW/421 Lina Malanzo 07/01/13 Contracts are a written promise to do something‚ or not to do something. The purpose of the contract is to ensure that both parties will perform the duties that they have promised to do‚ or to prevent something that was promised to prevent. Contracts are here to ensure that people follow through with their word when they promise to do something. With a contract‚ you can make a promise a legal obligation. I have personally
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