Chapter 10 Contracts TEST BANK 1. The ______________ evolved in commerce over the centuries. a. law of contracts b. law of commerce c. law of trade d. law of documents e. law of freedom ANSWER: a (page 262) National: AACSB Analytic; Communication; AICPA BB-Legal 2. The ______________ evolved in commerce over the centuries. a. law of invention b. law of commerce c. law of trade d. law of documents e. none of the other choices are correct ANSWER: e (page 262) National: AACSB Analytic; Communication;
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NOTES FOR THE CHARTERED INSTITUTE OF BUILDING AN INTRODUCTION TO CONTRACT LAW OR (GETTING IN AND OUT OF A CONTRACT) Thursday 14 June 2012 by Keith Blizzard‚ Partner‚ Shakespeares Legal LLP BSc(Hons) DipArb FRICS FCIOB FCIArb FFB MEWI Chartered Quantity Surveyor‚ Chartered Builder‚ Chartered Arbitrator‚ Panel Adjudicator‚ Accredited and Panel Mediator‚ Forensic Surveyor and Lecturer Somerset House Temple Street Birmingham B2 5DJ t 0121 237 3000 d 0121 631 5221 f 0121 237 3030 e keith
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Heather Proper Contract Law 07/24/2014 To further develop your skill in identifying and defining the characteristics of offer and acceptance‚ complete the assignment below. Write out the answers to Review Questions 1 through 10 on page 24 of your textbook 1. Define the concepts of precedent and stare decisis. Precedent is prior decisions of the same court or a higher court that a judge must follow. Stare decisis “ Stand by the thing decided” Related to the concept of precedent; Rule that
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Sara Li FORMATION Offer & Acceptance Offer & Invitation to Treat Mere puffs Invitation to Treat Offer Mere puff: no reasonable person would take it as an offer Can the terms of the K (ie offer) only come from one party? * Battle of the forms - last shot/first blow? (Denning in Butler Machine Tool v Ex-Cell-O Corp) * Strict offer & acceptance is reaffirmed in Gibson v Manchester City Council [1979] - only extreme cases might not fit into offer & acceptance model
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TABLE OF CONTENTS Title Page Approval Page Dedication Acknowledgement Table of Contents CHAPTER ONE 1.0 Introduction 1.1 Background of Study 1.2 Statement of the Problem 1.3 Aims and Objectives of the Study 1.4 Scope of the Study 1.5 Limitation of the Study 1.6 Significance of the Study CHAPTER TWO 2.0 Literature Review 2.1 Highlights of Land Use Act‚ No. 6. of 1978 2.2 The Land Tenure law of Northern Nigerian‚ 1962 2.3 The Effects of Land Use Act on Naluation Practice 2.4 The Roles of Valuers as
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Transfer of Gifts * Oral Gifts * Cases on Oral Gifts * Gifts under Mohammedan Law * Important conditions of a valid gift in Hindu Law * Gift of existing and future property * Gift to more than one person * Suspension or Revocation of a Gift * Different kinds of Gifts * Universal Donee * Conclusion Definition of a Gift Section 122 of the Transfer of Property Act 1882 defines a gift as: “Gift” is the transfer of certain existing moveable or immoveable property
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a certain person‚ and they may be required to stay away from certain people. If any of these stipulations are broken the parolee will go back to prison to serve out the remainder of their time of incarceration. This is also known as revocation of probation. Revocation of probation is an
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Custom house agent | Definition: | The clearance of goods on Import or Export‚ including unaccompanied baggage‚ involves quite a lot of procedural formalities. These formalities have to be observed by Importer / Exporter / Passenger‚ as the case may be. But in most cases the Customs station would be far away and it may not be possible for the Importer / Exporter / Passenger to attend to such work promptly. Unlike the work related to Central Excise or Income Tax‚ the Customs formalities cannot
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offender has a positive drug test‚ the law enforcement side wants immediate justice but the social worker half insists on referring to drug counseling. There are usually no concrete rules (other than committing a new felony) on when to request a revocation of probation. Administering assessments help in the role to supervise an offender and what type of referrals to make‚ but
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competent parties in which an offer is made and accepted‚ and each party benefits. No contract can come into being unless the following features exist: an actual offer‚ an acceptance‚ consideration (this means that each party will contribute something of a material value to the bargain) and an intention to create legal relations. The agreement can be formal‚ informal‚ written‚ or just plain understood. (a) For a contract to exist the offer must be made and then accepted. An offer may be defined as a statement
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