Introduction Contract--This term‚ in its more extensive sense‚ includes every description of agreement‚ or obligation‚ whereby one party becomes bound to another to pay a sum of money‚ or to do or omit to do a certain act; or‚ a contract is an act which contains a perfect obligation. In its more confined sense‚ it is an agreement between two or more persons‚ concerning something to be‚ done‚ whereby both parties are hound to each other‚ or one is bound to the other. After learning the law of contract‚ we
Premium Contract Invitation to treat Offer and acceptance
Law means a ‘set of rules’ which governs our behaviours and relating in a civilized society. So there is no need of Law in a uncivilized society. Why Should One Know Law ? One should know the law to which he is subject because ignorance of law is no excuse. Introduction to Indian Contract Act Definition of a Contract :- Sec. 2(h) of the Act defines the term contract as "An agreement enforceable by law is a contract”. Flow of the definition :- Contract Agreement Promise
Premium Contract Contract law
Journal of Organizational Behavior J. Organiz. Behav. 24‚ 537–559 (2003) Published online in Wiley InterScience (www.interscience.wiley.com). DOI: 10.1002/job.205 Psychological contract development during organizational socialization: adaptation to reality and the role of reciprocity ´ ANS DE VOS1*‚ DIRK BUYENS2 AND RENE SCHALK3 1 Vlerick Leuven Gent Management School‚ Gent‚ Belgium Vlerick Leuven Gent Management School and Ghent University‚ Faculty of Economics and Business Administration
Premium Integrated circuit Psychology Socialization
Chapter 2 : The Indian Contract Act 1872 Definition Sir Frederic Pollock - “Every agreement and promise enforceable at law” According to Sec 2(h) “An agreement enforceable by law Agreement – Every promises and set of promises forming consideration for each other. Essential Elements of Valid Contract Minimum Two Parties – one party has to make an offer and other must accept it. Offer & Acceptance – There must be an offer and acceptance to the offer‚ resulting into an agreement. It should
Premium Contract Contract law
Is Wikipedia a Valid Academic Resource? Wikipedia is considered a free encyclopedia that was created by the community that uses it and according to Wikipedia founders‚ “it is a special type of website designed to make collaboration easy”. Is a website that is always changing as is always being improved by its users‚ many of the changes occurs hourly (Wikipedia: Introduction‚ 2014). So what does that mean to the academic student? Who is this community? According to the Wikipedia website‚ anyone
Premium Wikipedia Internet Website
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
Premium Damages Breach of contract Contract law
Offer An offer sets out the terms upon which an individual is willing to enter into a binding contractual relationship with another person. It is a promise to be bound on particular terms‚ which is capable of acceptance. The essential factor to emphasise about an offer is that it may‚ through acceptance by the offeree‚ result in a legally enforceable contract. The person who makes the offer is the offeror; the person who receives the offer is the offeree. Offers‚ once accepted‚ may be legally
Premium Contract Invitation to treat Offer and acceptance
The Exclusionary Rule Abstract This paper will present the Exclusionary Rule and the original intentions for its enactment. It will discuss the importance of the rule and how it is a protection against an unlawful search and seizure and a violation of the rights provided by the Fourth Amendment. Also‚ this document will display the history of the Exclusionary Rule‚ with its first appearance in the case‚ Boyd v. United States in 1886. Weeks v. United States will show a better-established‚
Premium United States Psychology Education
Anti-Semitism‚ Bigotry and Extremism. N.p.‚ n.d. Web. 4 June 2012. <http://www.adl.org/hate_symbols/default.asp?LEARN_Cat=Hate_Crimes&LEARN_SubCat=HSD>. Marth‚ A.R.. "A tattoo pricing guide - by A.R. Marth - Helium." Helium - Where Knowledge Rules. N.p.‚ n.d. Web. 5 June 2012. <http://www.helium.com/items/1067829-a-tattoo-pricing-guide>. "The Story Behind the Tattoo - Tattoo Confidential." The Story Behind the Tattoo - Tattoo Confidential. N.p.‚ n.d. Web. 5 June 2012. http://www.tattooconfidential
Premium Tattoo Tattooing
A contract is a legally binding agreement or relationship that exists between two or more parties to do or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must backed acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and should be
Premium Contract Law Contract law