"In business law how a mistake and misrepresentation can effect the validity of a contract" Essays and Research Papers

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    business law

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    BATCH NO.: MODULE: BUSINESS LAW LECTURER: MR MAHADEVAN LUKSHUMAYEH Question: In early 2013‚ Beauty property developer negotiated with Stylish over a new house in the eastern sector of Singapore. Beauty and Stylish had various meetings about the cost and finish of the house. At one of their meetings‚ Stylish asked Beauty whether the price of the house included curtains‚ blinds and window coverings. Beauty explained that all window coverings were provided for in the contract. Several weeks later

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    Contract law assignment

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    Suggestion and Outline Document The issue is whether E has made an offer to Palma. Invitations to treat are ‘offers to negotiate – offers to receive offers’.1 By contrast‚ an offer is made where it can be objectively determined that there was an intention by the offeror to be bound on acceptance.2 On the facts‚ it can be seen that E’s mere ‘suggestion’ of the differential pricing schemes was an expression of willingness to commence negotiations because the end of the trial was imminent. Given the scale of

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    Contract Law - Offer

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    costs only $10.00”. c. Jane and Mary are discussing the sale of Mary’s car. Mary is eager and agrees to sell the car to Jane who is to pay $1‚000‚000. d. John: I need a bicycle Peter: I have a blue one I am thinking of getting rid of John: How much would you be willing to sell it for? Peter: $50 John : OK great I will take it for $50 Peter’s phone rings and he runs off to deal with an emergency. The next day John deposits $50 into Peter’s bank account. Peter refunds John’s money

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    Effects of a Breach of Contract There are various types of contract with in the world of law such as civil law which deals with relations between individual citizens where as private law focuses on the relations between ordinary people on a day to day basis‚ both types of law include the law of contract. A contract is an agreement that is legally enforceable and therefore can be settled within a court of law‚ however how can we distinguish between a contract and any other form of non-legally enforced

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    Law Formation of Contract

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    WEEK 3 – THE FORMATION OF CONTRACTS Apply Your Knowledge (EXERCISE 4 – CONTRACT OR NOT?) Review the essential elements of a valid and enforceable contract and decide whether a valid‚ void or voidable contract has been formed in each of the following situations. Provide a legal explanation for your decision. 1. Last year‚ Smith‚ the owner of a retail business‚ in an attempt to reduce employee absenteeism due to illness‚ offered to give any employee who quit smoking for a year a $500

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    Contract Law Tutorial

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    employment contract with a company as an accounting assistant. The working hours are 8am to 9pm daily except for Sundays and Public Holidays. The pay is $2100 per month. The market rate for a similar job is $3700 and employees in similar jobs in other companies work generally only from 8 am to 6 pm. After working for two months Naeve Soh feels all this is very unfair and wants to challenge it. (a) Assuming there is no statute prohibiting this (which is indeed the case)‚ can she challenge it? (b) Can she

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    Contract Law Consideration

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    2011-2012 Assessment 1 Nick would be suing Angela claiming the full arrears and the return of the car. Nick can only succeed if he can prove there is no consideration. Consideration can be defined by Sir Frederick Pollock‚ approved by Lord Dunedin in Dunlop v Selfridge Ltd [1915] AC 847 where each party must give something in return from what is gained from the other party; ‘An act or forbearance of one party‚ or the promise thereof‚ is the price for which the promise of the other is bought

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    Business Law

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    Business Law Tutorial 6 1. Void contract is defined in Section 2(g) of Contracts act‚ 1950 as an agreement which is not enforceable by the law‚ which gives rise to no rights or obligations. Under Section 11 of Contracts Act‚ 1950‚ every person is competent to contract who is of age of majority‚ and who is of sound mind and is not disqualifying from contracting by any law to which he is subject to. The Age of Majority Act‚ 1971 states that the age of majority is 18. The Privy Council in MOhori

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    p6 for contract law

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    when making calls • Getting extremely hot when it is on charge There are laws to protect consumers against scenarios like this. These include SOGA (The Sale of Goods Act) and SOGASA (The Sale of Goods and Services Act). Also‚ there is the Consumer Protection from Unfair Trading Regulations 2008. These were all made to protect the consumer after purchasing faulty goods or services. Also‚ there were implied terms in the contract you made when purchasing the mobile telephone which were included in SOGA

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    Business law

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    BUSINESS LAW (BBL 2014) TRIMESTER 1‚ 2013/2014 SESSION Assignment title: Comparative Study and Analysis of The Laws of Malaysia and United States PREPARED BY: STUDENT NAME STUDENT ID ITTIPORN PRASERTSIT 1092701396 ER CHEE ZHENG 1102700368 ALI JAVIDFAR 1101106508 MUHAMMAD ASYRAF SHABARUDDIN 1061111744 SHAHIN BAGHERI 1092700846 PREPARED FOR: DR. BAHMA A/P A SIVASUBRAMANIAM

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