which distinguishes a contract from a bare agreement. In fact the doctrine of consideration has been incorporated in Section 25 of the Indian Contract Act. Section 2(d) of the Act reads : " When at the desire of the promisor ‚ the promisee or any other person has done or abstained from doing or promised to do or abstain from doing anything ‚ such act or abstinance or promise is called a consideration for the promise." The doctrine of course has its roots in the early common law. A study of its history
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2. Define “virtue” as found in Aristotle’s “Doctrine of the Mean.” “For instance‚ if ten be too large‚ and two be too small‚ if we take six we take the mean relative to the thing itself [or the arithmetical mean]; for it exceeds one extreme by the same amount by which it is exceeded by the other extreme: and this is the mean in arithmetical proportion.” In the passage from the text he is talking about the mean in terms of logic and reasoning. He is talking the mean in math or science‚ but in real
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Consideration is an essential element in the formation of a contract. Consideration may be a promise to carry out an action or a promise to refrain from carrying out an act that one is legally entitled to perform. Consideration may be defined in many ways‚ the following definition was obtained from Currie v Misa (1975) LR Exch 153. In this case‚ Lush J said: “A valuable consideration in the sense of the law may consist either in some right‚ interest‚ profit or benefit accruing to one party‚ or
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4 Radius Images/Photolibrary Mistakes in Reasoning: The World of Fallacies Have you ever heard of Plato‚ Aristotle‚ Socrates? Morons! —Vizzini‚ The Princess Bride Section 4.1 What Is a Fallacy? CHAPTER 4 S o far we have looked at how to construct arguments and how to evaluate them. We’ve seen that arguments are constructed from sentences‚ with some sentences providing reasons‚ or premises‚ for another sentence‚ the conclusion. The purpose of arguments is to provide support
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Essay: Bior Malual B: The rights of the police to investigate a criminal offence must be carefully balanced against the rights of the individual. Do you think police have too much power? My opinion is that I think police should probably have the power they have now‚ more balanced on their side because if they did not have the powers they have now or if they had less power than they have now‚ a lot of people would have committed crimes would be released and there would be nothing they could do about
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What is the relationship among money‚ labor cost‚ profitability‚ and knowledge in the modern democratic-capitalistic society? The relationship is that there has to be a cost (monetarily) between all the aspects. The labor cost is all tied to money and how to sustain while democratic capitalistic society a market-based economy all related to the circulation of money. Money is arbitrary‚ labors costs cut into profitability‚ and knowledge can temporarily increase profitability. Briefly describe the
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President James Monroe outline what is now known as the Monroe Doctrine in a speech to congress in 1828. The President warned European nations not to interfere in the affairs of America’s neighbors the nations of the Western Hemisphere. Monroe was responding to European threats to aid Spain in regaining its former Latin American colonies. By 1822 Argentina‚ Colombia‚ and Mexico had revolted and declared their independence.(1)Originally‚ the doctrine had been intended to support weak Latin American
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In the moments after he is stabbed‚ as Santiago lies in his death throes on the kitchen floor‚ the family dogs try to get into the kitchen to eat the man’s guts. In her frustration‚ Plácida Linero has the dogs shot. In the absence of the town physician‚ the priest is placed in charge of performing an autopsy on Santiago’s body‚ damaging the already mutilated body even more. The autopsy must be done immediately‚ as there is no way to preserve the body in the intense tropical heat. The autopsy
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The Protestant Reformation in England led the Puritans to immigrate to America. Also‚ Old England was going through a hard economic time. Many were poor and unemployed‚ and this caused English men to seek a better life in the new world. The Spanish exploration‚ led by Christopher Columbus‚ led the way for other European countries to follow to the new world. The eastern coast of North America was colonized by English men of the same background and origin‚ but by the 1700s‚ the New England and Chesapeake
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A cyclist rides her bike up a very steep hill. Which choice below properly describes this example in energetic terms? Both a) and d) are correct. Every time a source of energy is converted from one form to another: some of the energy is converted to heat‚ which is not a very usable form of kinetic energy. A green plant will grow if given nothing more than: water‚ light‚ and carbon dioxide The leaves of plants can be thought of as "eating" sunlight. From an energetic perspective this makes
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