Historical backdrop Social contract theory raises the chances that necessitate for social order and certain inbuilt constraints might offer us with a natural basis for ethics. It is one of the propositions of political science that the society and state is based on contract. While it might seem that there is well-built impulse for social anarchy without an outside purpose source of morality‚ according to some philosophers like Thomas Hobbes‚ the incentive is built into the social system by the very
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WHEN DOES AN AGREEMENT BECOME A CONTRACT? (1) There must be some consideration for it According to Section-2(d) of the Indian Contract Act‚ 1872 “When‚ at the desire of the promisor‚ the promisee or any other person has done or abstained from doing‚ or does or abstains from doing‚ or promises to do or to abstain from doing‚ something‚ such act or abstinence or promise is called a consideration for the promise.” According to Section-25 “Agreement without consideration‚ void‚ unless it is in writing
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2nd of feb CASES MALLIK V BCC: Malik and Mahmud v Bank of Credit and Commerce International SA [1997] UKHL 23 is a leading English contract law and UK labour law case‚ which confirmed the existence of the implied term of mutual trust and confidence in all contracts of employment. Facts: Mr Malik and Mr Mahmud both worked for the Bank of Credit and Commerce International. BCCI went insolvent due to massive fraud‚ connection with terrorists‚ money-laundering‚ extortion and a raft of other criminal
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Legal Issues: Does Josie have a contract of employment? Under Australian common law‚ is there any common law duty owed to Josie? Principles of Law: 2.1. Independent Contractor An independent contractor is somebody who is independently employed and gives services to customers (Victoria‚ 2006). The independent contractor laws protects authentic independent contractor from unfair contracts and protect particular assurances for outworkers and proprietor drivers (Government‚ n.d.). The principal is
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is added to the result when computing statistics to allow for the 0.5 on either end lost due to rounding). Rank-Ordered Array A table consisting of data in order of highest to lowest or lowest to highest where each data is given a numbered rank depicting it’s difference from the highest or lowest score Ratio Scale Any scale of measurement possessing magnitude‚ equal intervals‚ and an absolute zero Rational Emotive Therapy A Cognitive Therapy based on Albert Ellis’
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Curb Sexual Harassment in the Workplace • Employer Discrimination Against Women • Work Place Harassment & How to Avoid a Lawsuit Gender discrimination and sexual harassment can occur in any organization‚ even though both are against the law. In 2012‚ there were 30‚356 charges of gender discrimination filed with the Equal Employment Opportunity Commission‚ which compares to the 28‚534 cases filed in 2011. The EEOC received 11‚364 sexual harassment suits in 2011‚ 84 percent of which were filed by
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American government. This created a change within America as the antifederalists finally were in charge with different ideas in mind compared to the federalists. Though difficult at first in making some ideas work‚ they were able to make some changes to benefit America. Under Thomas Jefferson‚ there was a distinctive vision for the economy‚ culture‚ politics‚ and education‚ and there was also the War of 1812 Economy Jefferson wanted a simple economy focusing on independent farmers. He was against the idea
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The Modern Banking System (Where does money come from?) "If the debt which the banking companies owe be a blessing to anybody‚ it is to themselves alone‚ who are realizing a solid interest of eight or ten per cent on it. As to the public‚ these companies have banished all our gold and silver medium‚ which‚ before their institution‚ we had without interest‚ which never could have perished in our hands‚ and would have been our salvation now in the hour of war; instead of which they have given us
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The United States was founded on life‚ liberty and the pursuit of happiness. This pursuit of happiness has led to some drastic events that set the economy in the wrong direction. People use financial techniques to achieve their dream of becoming wealthy. The financial institutions do not lend money out of kindness of their heart‚ but in order to make greater profits for their business. In the 1929 Wall Street crash and 2008 Financial Crisis‚ financial institutions were right in the center of the
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a) The first contract should be between the Ramirez family and Majestic Developers‚ inc‚ as they are the parties involved. (b) The consideration on the Ramirez family side is their 250-acre farm and on Majestic Developers‚ inc the consideration is three million million dollars. (c) What should be included in the contract should be; the parties‚ (2) the price‚ (3) the subject matter of the contract‚ and (4) the time of performance of the contract‚ also the contract should address the small fence
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