GA Meeting First Meeting CIT 503 35 PM June 18‚ 2014 Attendance: Paano Regualos Velez Verallo Bulatao Borres Lusabia Apao Arcala Musa Alvarez Galamiton Buragay Escleto Vallejos Egar Ampo Peralta Babarin Liong Quidong Macababayao Claret Baluyos Start: 3:30 PM End: 5:15 PM Agenda: 1. Program ● Date: July 19‚ 2014 ● Time: 5 PM (Program proper: maximum of 4 hours) ● Theme: Hogwarts
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The process of contract formation explaining the methods by which the courts decides whether or not the parties have reached an agreement. INTRODUCTION To establish whether the parties have formed a contract‚ the courts begin from examining the elements of offer‚ acceptance‚ whether or not there was a consideration or the bargain and the contractual intent to make a binding contract and any other external positive factors. The coincidence of offer and corresponding acceptance results in a contract
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Section 4 Contracts Act 1950 – COMMUNICATION WHEN COMPLETE 4 (1) The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made ( ie the acceptor (emphasis added)). 4(2) The communication of an acceptance is complete:- (a) As against the proposer‚ when it is put in a course of transmission to him‚ so as to be out of the power of the acceptor; and(Case Ignatius v Bell and also Byrne v Van Tienhoven) (b) As against the acceptor‚ when it comes
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How does the law protect the rights of consumers?! The monumental changes in the last two centuries have rendered consumers especially vulnerable to unfair business conduct. In reaction to this the law has set out exactly what the rights of consumers are‚ and attempts to protect them through a number of ways. Over the years‚ the courts have made numerous decisions in relation to consumers and businesses and the result has been a thorough body of common laws that regulate the formation of contracts
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Application 1: In this scenario‚ Adrian act as a promisor while the Melissa act as a promisee. Adrian had made an offer to a specific person which is Melissa. Hence‚ only Melissa can accept the offer that made by Adrian. Thus‚ when the offer is accepted by Melissa‚ it becomes a bilateral contract (agreement that involve two person or groups). The offer that made by Adrian to Melissa in this scenario is made expressly which is made in word. Adrian had sent an offer letter to Melissa on 1st November
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"You’re not going." Just like that‚ they struck a deal. Of course‚ only one of them were aware of the deal and its terms: one man would enforce his will‚ and the other would cave. "I’m sorry‚ I don’t want trouble‚" Solomon said in an apologetic‚ non-threatening tone. "I just want to pass through and get home peacefully. I’m not bothering anyone." Solomon’s hands were raised shoulder height with his palms facing the man in front of him‚ the universal sign for "I give up." It was true‚ he really
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Agency refers to a consensual bilateral agreement whereby one party‚ the principal authorizes another‚ the agent‚ to exercise decisions on his behalf‚ usually with a third party involved. In this particular case Duncan is deemed to be the principal‚ Fred the agent and the plumber the third party. There are many rules when it comes to the creation of an agency contract‚ mainly the principal must be in existence during time of agreement and he must also know and authorize the agreement. If an agent
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Did Jim and Laura Buy a Car? Tracie Lewis Professor Ericka Harden Business Law I February 11‚ 2018 A contract is an agreement that is either spoken or written and is enforceable by the law. For the contract to be valid and binding‚ several elements must exist. Execution‚ mutual promises‚ parties‚ and terms of performance are the factors that must exist. There also must be an offer‚ consideration‚ acceptance‚ and mutuality for a contract to remain legally binding and helpful on instances
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The email received from the USACE included comments regarding the alternatives analysis‚ a request for details of the Port’s SWPPP‚ and information regarding the fill that might be used on this project. Our responses to these comments are included below. 1. The USACE stated that the revised alternatives analysis that was submitted as part of Lanier’s response to the Public Notice comments did not appear to sufficiently address the EPA’s comments. Specifically‚ the USACE provided the following list
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Considering Elvis Abstract A contract is formed when the offerer promises to do or not to do something. Acceptance is the offeree agreeing to do what is requested in the offer. An offer may end in several ways‚ in particular‚ by the death of the offerer or offeree. In order for the agreement to be effective both parties to contract must give consideration‚ the offer must be serious‚ and clearly stated. The promise Elvis Presley made prior to Jo Laverne Alden prior to his death may be enforceable
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