Limited Head Office‚ Dhaka. THE CONTRACT ACT‚ 1872 Md. Hasan Imam Manager Board Division Introduction: The law of contract is the foundation upon which the superstructure of modern business is built. It is frequent that in business transactions quite often promises are made at one time and the performance follows later. The law of contract is applicable not only in business community‚ but also to others. Everyone of us enters into a number of contracts almost everyday‚ and most of the
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ESSEX INTERNATIONAL COLLEGE Programme: Unit Number: Unit Title: Unit Code: Credit Value: QCF Level: BTEC Higher National Diploma (HND) in Business 05 Aspects of Contract and Negligence for Business Y/601/0563 15 4 Writer of the brief: Internal Verifier name: Mr Alfred Dr. Keith Learning outcomes and criteria covered by this assignment: All pass criteria All merit descriptors All distinction descriptors Key dates: Assignment distribution date to learners: Assignment/Portfolio
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it possible for one standard form of construction contract to meet the need of every project? Discuss by reference to at least two forms in common use in industry. | 2 | 1.0 | What is a Construction Contract? | 2 | 1.1 | Why use a standard form of contract? | 3 | 2.0 | Different forms of contract | 3 | | 2.1 PWD (Public Works Department) FORM OF AGREEMENT | 4 | | 2.2 FIDIC | 4 | 3.0 | Main differences between both forms of contract | 6 | | 3.1 Payments | 7 | | 3.2 Variation
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CONTRACT AND RELATED OBLIGATION Prof. Hillman I) Theories of Obligation A) CONTRACT: Agreement with Consideration – Bargain Theory of Consideration Definition: A promise that is supported by consideration because the promisor gets something (extracts) from the promissee in exchange for the promise. Ex: I tell Alice I will sell her my piano for 400 dollars and she agrees. I promised my piano in exchange for something (400 dollars) therefore my promise is enforceable. 1) Bargained
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Constitution’s original meaning should be followed. The second is that the Constitution is a living document whose meaning changes over time based on the interpretation of the government and the people. Of the two the most logical is that of originalism‚ specifically original meaning of the words written in the Constitution. This is because originalism requires that the words of the Constitution retain their definitions when they were ratified. The Constitution is like a contract‚ and it delegates
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Essential Elements of Contract Contract represents the instrument to enforce promises. Not all statements amount to enforceable promises or contracts. To enforce statements there are a number of elements which courts look for and these mainly include the presence of offer‚ its communication‚ its unconditional acceptance and communication of the acceptance. Once this has taken place then the element of consideration gives the badge of enforceability to the contract and the contract is then enforceable
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2 MAIN CONTRACT The Employer shall make the Main Contract (other than the details of the Employer’s prices thereunder as stated in the bills of quantities or schedule of rates and prices as the case may be) available for inspection to the Contractor with and‚ if so requested by the Contractor‚ shall provide the Contractor with a certified true copy of the Main Contract (less such details of the Employer’s price)‚ at the cost of the Contractor. The Contractor shall be deemed to have examined the
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JOHN RAWLS AND THE ORIGINAL POSITION Name: Akshay Shetty Class: TYBA Roll No: 321 Subject: Political Thinkers Course Code: 5.02 Title: John Rawls and the Original Position INDEX No. Topic Page No. 1. Introduction 3 2. John Rawls: A Life Sketch 4 3. The Original Position 6 4. The Original Position and the Social Contract 7 5. Nature of the Original Position 9 6. The veil of ignorance 11 7. Rationality in the original position 13 8. The maximin principle 15
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Exchange Participant Contract AIESEC in Karachi Exchange Participant’s Name : Review Criteria for Exchange Participants I agree that I fulfill the following minimum criteria: I have a comprehensive knowledge of AIESEC‚ its vision‚ purpose‚ its objectives and its activities I have developed the necessary competencies required to go on internship I have the adaptability‚ awareness and maturity to handle the challenges of an internship in a different country/territory and culture I have
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years prior. According to Nozick‚ under a veil of ignorance‚ where people are protected from outside notions‚ having absolute property rights contradicts Rawls’s theory since while it is an individual right‚ it has to be rejected in order for the Original Position to work. While this seems as if Nozick metaphorically shoots a hole through the veil of ignorance‚ it is instead a worthy suggestion that Nozick simply does not interpret the veil in a manner at all similar to Rawls. While Rawls does propose
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