CONTENTS Page no. 1. Table of Cases . PROPOSAL 2. .Definition of proposal. .
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FORMATION OF A CONTRACT OFFER AND ACCEPTANCE For a contract to be valid‚ firstly there must be an AGREEMENT between the parties i.e. one party must make an OFFER which is UNCONDITIONALLY ACCEPTED by the other. OFFER What is an offer ? An offer is a promise that the person making the offer (known as the offeror) is prepared to be legally bound upon specified terms – he is making a statement of the terms on which he is prepared to be legally bound‚ for example A
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What are the modes of acceptance recognised under the Contracts Act 1950 (Revised 1974) and common law. Support your answers with reference to decided cases. An acceptance must be communicated for it to be effective and valid. The mental assent of both parties is not required but the external manifestation should exist. The acceptor must dos something in order to notify his acceptance. For example‚ he should communicate his acceptance of the offeror. This can be illustrated
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لیست فیلم ها : |Rank |Rating |Title |Votes | |1. |9.2 |The Shawshank Redemption (1994) |573‚228 | |2. |9.2 |The Godfather (1972) |445‚689 | |3. |9.0 |The Godfather: Part II (1974)
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Offer and acceptance | Contract law | Part of the common law series | Contract formation | Offer and acceptance · Mailbox rule Mirror image rule · Invitation to treat Firm offer · Consideration | Defenses against formation | Lack of capacity Duress · Undue influence Illusory promise · Statute of frauds Non est factum | Contract interpretation | Parol evidence rule Contract of adhesion Integration clause Contra proferentem | Excuses for non-performance | Mistake · Misrepresentation
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The Choice Should there be a permanent base camp? KJ December 19th‚ 2011 Should there be a permanent base camp? The choice for a permanent base camp has not been made because the are plenty of good reasons why there should be one. On the other hand there are also plenty of bad reasons why there shouldn’t be one. Though the council has not decided completely there have been a few rumors that they might start building in 2014 or 2015. This may become an issue with the people that live in
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The Palaestra Pompeii In Roman times‚ the exercise yard was know as the palaestra and it was always a feature in every Roman town. Pompeii had a particularly large palaestra‚ sized at just over a hectare‚ it consumed the towns entire south-eastern boundary. Built in response to the Augustan wish of providing ample exercise and training grounds to their young‚ Pompeii’s palaestra is unique as most were donated by public figures in the hope of gaining political momentum and support. It provided
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Robin Hood has multiple issues to deal with in order for his movement to remain a growing concern. The most immediate problem is that the band is heavy in headcount and has very limited resources to sustain the current band’s size. Travelers are beginning to circumvent the normal pathways and taking alternate routes through the forest to avoid seizure of their goods‚ causing a decline in the band’s revenue intake. These‚ along with other changes in the external environment are making the band’s
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Looking at it objectively: Standing outside the agreement‚ looking in as an outside observer. What do we think they have agreed? Smith v Hughes (1871) LR 6 QB 597 → court always objectively views the contract/agreement. Parties buy/sell new oats. Seller sold new oats while buyer wanted old oats. RTS v Molkerai (2010) UKSC 14 → that the courts have not diverged from viewing contract objectively. not (depending) upon their subjective state of mind‚ Why objective view? Because sometimes parties
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1. Inventory turnover is calculated by dividing (Points: 4) cost of goods sold by the ending inventory. cost of goods sold by the beginning inventory. cost of goods sold by the average inventory. average inventory by cost of goods sold. 2. The order of presentation of nontypical items that may appear on the income statement is (Points: 4) Extraordinary items‚ Discontinued operations‚ Other revenues and expenses. Discontinued operations‚ Extraordinary items‚ Other revenues and expenses. Other
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