"Legal effect on pre incorporation contract" Essays and Research Papers

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    Separate Legal Personality

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    The incorporation of a company is an artificial person which exists as a separate legal personality. This separate personality means that the company is separate and distinct from its participants. The company needs to be treated like “any other independent person” with rights and liabilities‚ even if it is owned and managed by one man. It is capable of holding its own property and may sue or being sued in its own name. The company has perpetual succession which implies that it is able to carry on

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    Contract law assignment

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    agreement can be objectively established where there is mutual assent.6 In Masters v Cameron‚7 it was noted that‚ ‘the case may be one in which the intention of the parties is not to make a concluded bargain at all‚ unless and until they execute a formal contract’. Such intention can be

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    Legal Alien

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    Licup 1 Metaphor‚ Tone and Antithesis in "Legal Alien" "Legal Alien‚" a collection from "Chants‚" is a short free versed poem written by Pat Mora. The poem explores the lives of Mexican-Americans and the cultural tension they have to face. The poet discusses a bi-cultural person whose parents are from Mexico but the person was born and raised in America and is an American citizen by law. Although he can speak fluent English and Spanish‚ he still has a hard time being accepted by both or one race

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    Social Contract Theory

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    THE SOCIAL CONTRACT THEORY The theory is as old as philosophy itself. It is of the view that persons’ moral and/ or political obligations are dependent upon a contract or agreement among them to form the society in which they live. The theory of a social contract is therefore a hypothesis explaining how society originates as well as the presumed relationships between its members‚ how they incur responsibilities and their rights. Early proponents of the social contract theory include; - Socrates

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    Effect of Force Majeure or Act of God If upon the happening of a fortuitous event or an act of God‚ there concurs a corresponding fraud‚ negligence‚ delay or violation or contravention in any manner of the tenor of the obligation as provided for in Article 1170 of the Civil Code‚ which results in loss or damage‚ the obligor cannot escape liability. It has been held that when the negligence of a person concurs with an act of God in producing a loss‚ such person is not exempt from liability by

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    Joint Building Contract

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    0 18.0 19.0 20.0 21.0 22.0 23.0 24.0 Definitions Articles of Agreement General obligations of the Employer General obligations of the Contractor General obligations of the Architect General obligations of the Quantity Surveyor Contract documents Contract bills and contract price Contractor’s site agent and other staff Clerk of Works Liability against injury to person and property Insurance against injury to persons and property Insurance of the Works (Contractor’s liability) Insurance of the Works

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    Contract and Business Law

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    CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly

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    Legal Brief

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    Legal Brief Facts summary Mr. Potbelly holds a garage sale at his home. Mr. Slim Jim stops by the sale and upon noticing a rare piece of art pottery offers a price of $100 for the art that is marked $250. Mr. Potbelly accepts Mr. Slim Jim’s offer. Mr. Potbelly informs Mr. Slim Jim he is selling his home because he is moving up north because he has lost his job. Mr. Slim Jim asks how much he is selling it for and Mr. Potbelly informs him he is thinking $75‚000. Mr. Slim Jim offers him $70‚000

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    Elements of the law of contract Catharine MacMillan Richard Stone 2009 LLB 2650040 Diploma in Law 2690040 page 2 This subject guide was prepared for the University of London External System by: University of London External System Catharine MacMillan BA (Victoria) ‚ LLB (Queen’s‚ Canada)‚ LLM (Cantab)‚ Lecturer in Law‚ School of Law‚ Queen Mary‚ University of London and Richard Stone LLB (Soton)‚ LLM (Hull)‚ Barrister‚ Professor and Head of Law‚ Lincoln Law School‚ University of

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    Contract For Sale Of Goods

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    Sample International Contract for Sale of Goods‚ pursuant to the United Nations Convention on Contracts for the International Sale of Goods TERAMATE‚ Ltd. with its principal office West Road Drive27‚ Hopson Chart‚ Briston‚ AN4 4FL‚ UK represented by Matt Wattson‚ on the basis of Power of Attorney from 23 June 2008 (hereinafter referred to as the „Seller“ on the first side) and AGFH‚ a. s. ID: 783 33 998 having its principal office at: Palachova 152‚ Prague 2‚ Zip Code: 120 00 registered

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