LAWS1017 – CONTRACTS I – CASE SUMMARIES SESSION ONE – 2004 1 OFFER Gibson v Manchester City Council Carlill v Carbolic Smoke Ball Co MacRobertson Miller Airline Services v Commissioner of State Taxation Australian Woollen Mills Pty Ltd v Commonwealth Offers distinguished from Invitations to Treat Pharmaceutical Society of Great Britain v Boots Cash Chemists Ltd Revocation of an Offer Goldsborough‚ Mort & Co v Quinn Mobil Oil Australia Ltd v Wellcome International Pty Ltd ACCEPTANCE Relationship
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Formation of Contract 2 Offer ............................................................................................................... 2 Acceptance ................................................................................................... 4 Certainty ........................................................................................................5 Consideration ............................................................................................... 6
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FEE PROTECTION AGREEMENT Reference : Number :……(number of letter)…… Initial Participation :….(value of fund)…./ (…%) Intermediaries Fee :…..(value of percentage above)…. Client Company :…..(name of user’s company)…. Client Name :…..(name of user)… Reference Code :…….. Agreement Date :…….. Recital : Whereas …..(intermediary’s name)….‚KTP number…..‚ as agent for Mr….(name of user) the participant and beneficiary of the above of the reference contract has negotiated
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Rousseau’s Social Misunderstanding In The Social Contract‚ Jean-Jacques Rousseau proposes a utopian type social contract that all citizens are informally entered into. In this contract‚ Rousseau calls for the people to sacrifice their natural freedoms in order to receive a greater and more beneficial state of civil liberty. Civil liberty being the state of being subject to laws that are for the benefit of the community opposed to the individual. Rousseau claims that these sacrifices will result
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against humanity our world hasn’t submitted to dissolution and in large part we have remained united. The reason the world hasn’t fallen back into such a primitive state is because of the social contract theory; the social contract theory is a theory about creating rules for humanity. Due to the social contract theory people had to change the way they thought and made decisions and these personal decisions eventually had a ripple effect on the larger community. Unlike theories in physical science‚ social
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Decrease in trades and other payables + provisions (inclu NCL) Cash flow statement reports amount as - 6129 This includes the $714 CSR adj that we made in calculating NPAT (which doesn’t appear in the actual reported NPAT) So this figure needs to exclude the $714 otherwise we will double counting it The amount of decrease should be -6129 + 714 = -$5415 The 714 represents a loss that would reduce decrease in the payable that is a negative cash flow and reason why we making adjustment if
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by express or implied contract or by law‚ in which one party (the agent) may act on behalf of another party (the principal) and bind that other party by words and/or actions. The etymology of the word agent or agency says much. The words are derived from the Latin verb ago‚ agere (the respective noun agens‚ agentis). The word denotes one who acts‚ a doer‚ force or power that accomplishes things.1 Agency is the exception to the doctrine of privity under the law of contract. 2. LIABILITY OF A PRINCIPAL
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LAW OF CONTRACT Thursday 9:00 Summer Term‚ 2014 Lecturer and Module Co-ordinator: John Halladay Texts: Poole‚ Textbook on Contract Law McKendrick‚ Contract Law Casebook: Both Poole and McKendrick have casebooks which are very good. There are also many others on the market. Statute book: There are not many statutes in the course but there are some and this will be useful for the exam. Any Contract or Commercial Law statute book should do. A. WHY CONTRACT? A
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Forms of breach of contract and the remedies that can be used. Table of contents: Introduction Contracts as a whole Forms of breach of contracts Remedies Introduction: As long as human kind can remember contracts has been in the existence. Goods were exchanged in order to survive. Therefore a contract can be described as an agreement between two (or more) people where one person offers to do something and another person accepts that offer. So when someone agrees to sell and
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THE INDIAN CONTRACT ACT‚ 1872 ACT No. 9 OF 1872 1* [25th April‚ 1872.] Preamble.WHEREAS it is expedient to define and amend certain parts of the law relating to contracts ; It is hereby enacted as follows - PRELIMINARY 1. Short title. 1.Short title.-This Act may be called the Indian Contract Act‚1872. Extent‚ Commencements.-It extends to the whole of India 2*[except the State of Jammu and Kashmir]; and it shall come into force on the first day of September‚ 1872. 3* Nothing herein contained
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