Terms The content of a contract are made up of terms (or ‘clauses’ as they are called in the case of written contracts) which may be express or implied. The express terms are the terms which the parties actually stipulated for themselves when making the contract‚ whether orally or in writing. In addition to the express terms‚ the courts sometimes‚ for a variety of reasons‚ imply certain terms into the contract. Implied terms are terms that are not expressly stated in the contract but are deemed to be
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P2-Explain the implications for the business and stakeholders of a business operating ethically. In this P2 task‚ I will be explaining the implications that Primark’s unethical practice has on itself and on its individual stakeholders. I will start of by introducing Primark’s 7 main stakeholders are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical
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"all the world"‚ in which case the offeree is regarded as a member of the general public: Carlill v Carbolic Smoke Ball When an offer is made‚ the term of the proposed contract must be communicated to the offeree: Thornton v Shoe Lane Parking However‚ an offer can be made in general terms‚ leaving the precise terms of the contract to be settled later: Master v Cameron The fact that the word ’offer’ is used is not itself conclusive: B Seppelt & Sons Ltd v Commissioner for Main Roads An offer
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What is Contract? Discuss Essentials of Contact. According to Section 2 (h) of the Indian Contact Act‚ 1872‚ "A contract is “an agreement enforceable by law”. A contract therefore‚ is an agreement the object of which is to create a legal obligation i.e.‚ a duty enforceable by law. From the above definition‚ we find that a contract essentially consists of two elements: (1) An agreement and (2) Legal obligation i.e.‚ a duty enforceable by law. As per section 2 (e) "Every promise and every set of
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Mendel’s ‘factors’ are now called genes Genotype refers to the specific allelic composition of an individual Independent assortment: During gamete formation‚ the segregation of any pair of hereditary determinants is independent of the segregation of other pairs Random sampling error N+N sperm N egg 3n endosperm Degrees of freedom Tetrad (bivalent) Mitosis produces daughter cells that are genetically identical Meiosis produces daughter cells that are not genetically identical
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Law & Economics Family law: Marriage & contract Contents Part 1. 1. Introduction to Family law in France. 2. Conditions for Marriage between two persons. 3. Obligations out of Marriage. Part 2. 1. New law & Economics 2. Formation and dissolution of marriage 3. Law & Economics explanation in Contract law Part 3. 1. Gay marriage 2. Freedom of establishing Contract Introduction: There is multiple definition of “family” reflecting the
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Superman Real American In “What Makes Superman So Darned American‚” Gary Engle analyzes why Superman is a true American immigrant and why people could relate to him in such an iconic way. He takes us into a deeper meaning of who Superman is‚ and he also adds a religious take on Superman’s kryptonian name. The revelation that Engle has shown in this article is a very inspiring look on not only who superman is but also what it means to be an American. Gary talks about his childhood and how he
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DISCHARGE Written by Mardi Szantyr Discharge of a contract refers to the way in which it comes to an end. Contracts can come to an end in the following ways: 1. by performance 2. by agreement 3. by frustration 4. by breach Each one of these methods of discharge will be considered. Discharge by performance The contract comes to an end when both parties perform their contractual obligations. Performance must substantially correspond with what the parties agreed allowing for minor
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Examine the key ideas of Situation Ethics (21 marks) Situation ethics is the idea that people should base moral decisions on what is the most loving thing to do. It emerged as an alternative approach to Christian ethics in the 1960s‚ although its Christian ethos is vital for understanding the theory. It is most commonly associated with Joseph Fletcher and Robinson and it surfaced at a time when society and the Church were facing drastic and permanent change. Women occupied an increasingly prominent
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Section2 (P2): Explain the difference between capital and revenue items of expenditure and income. a): Capital income: Capital income is income generated by an asset over time‚ rather than from work done using the asset. If a farmer buys land for a certain amount of money and sells it at a profit after one year‚ the difference in the prices is capital income. Capital income‚ also known as capital gains‚ can only be realized after an asset is sold. In contrast‚ if an asset is sold at a lower price
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