Goldsbrough Mort v Quinn A promise to hold an offer open for a time is not enforceable (as there is no consideration). BUT option contracts have consideration for the promise Mobil Oil Australia v Lyndel If the performance of a unilateral contract has commences the offeror can revoke it but there may (Depending on circumstances) be an implied ancillary (side) unilateral contract to not revoke it which you would be in breach of Stevenson‚ Jaques & Co v McLean Inquiry as to a method of payment is not a rejection
Premium Contract Contract law
1. Which Act sets the minimum wage ‚ and what is the current wage rate? The Fair Labor Standards Act sets the minimum wage.The current minimum wage is $7.25/h. 2. Under the FLSA‚ what information concerning the employee’s wages earned must be maintained by the employer? 1. Day and time of day when work-week begins. 2. Regular hourly rate of pay. 3. Basis of wage payments 4. Hours worked each day 5. Hours worked each week. 6. Daily or weekly straight -time pay. 7. Amount & nature
Premium Economics Employment Wage
A] Indian Contract Act‚ 1872 The Contract Act serves as a Mother Act. The Contract Act has a direct link with most other Acts. Whenever two or more people want to establish a relation between/amongst them‚ there is a need for a contract: Sale of Goods Act (buyer-seller relation)‚ Partnership Act (principal-agent relation)‚ Negotiable Instruments Act (debtor-creditor relation) and so on. Key takeaways: • A contract is any promise or set of promises that are made by one person to another in return
Premium Contract
Selikowitz Group No: 3613 Advice has been sought as to whether or not Dr. Amber has an enforceable contract with Furniture Comfort‚ and whether she is entitled by law to buy the couch at the discounted price. In order to address the issue‚ one needs to start by examining each of the four essential elements for contract formation: agreement‚ consideration‚ certainty and an intention to create legal relations.[1] 1. NEWSPAPER ADVERTISEMENT The newspaper advertisement is not an offer but an invitation to
Premium Contract
MINOR’S CONTRACT? A CRITICAL ANALYSIS of the Indian Contract Act‚ 1872 [pic] SUBMITTED BY Zoldrex2 2011 INDEX |S. No. |Particulars |Pg No. | |1 |Abstract |ii | |2 |Index of Authorities
Premium Contract
1. The Companies Act‚ 2013 (“the Act”) received the assent of the President on 29th. August‚ 2013. 2. Section 1 (3) of the Act provides as under: “This section shall come into force at once and the remaining provisions of this Act shall come into force on such date as the Central Government may‚ by notification in the Official Gazette‚ appoint and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed
Premium Subsidiary Corporation Holding company
Sections of the mental health act * Definitions * Section 1 of the mental health act 1983 was amended in 2007. This section of the act defines a mental disorder as ’any disorder or disability of mind ’ it goes on to state that a “learning disability” is define as a state of arrested or incomplete development of the mind which also includes impairment of intelligence and social functioning (MHOL‚ 2010). For the purpose of the act a person who has a learning disability is not considered
Premium Mental disorder Psychiatry Psychology
Burglary is an offence under Section 9 of the Thefts Act‚ which is in 2 separate parts. The first sub section is s9(1)(a) which states “ a person is guilty of burglary if he enters any building or part of a building as a trespasser with the intent to steal‚ inflict grievous bodily harm‚ or do unlawful damage to the building or anything in it.” The second part is s9(1)(b) which says “a person is guilty of burglary if having entered a building or part of a building as a trespasser‚ he steals or attempts
Premium Theft Crime Robbery
Since 20th century the competition has increased to global level. Canada was the first nation to enact the first competition statute of modern times. It was an Act to prevent and supress group formed in check of Trade was passed one year before United States passed the most famous statute on competition law i.e. Sherman Act of 1890. The competition law gained huge recognition in European nations like Germany‚ Sweden‚ and Norway which were slowly adapting Anti-Cartel Laws. According to Paddy McNutt
Premium Economics International trade Capitalism
Section 23 of the Hindu Succession Act: Before and After The Hindu Succession Act came into force on 17th June‚ 1956‚ with the basic objective of providing a comprehensive scheme of intestate succession for Hindus.1 The Hindu Succession Act 1956 was amended in 2005. The amendments were made to make the Hindu Succession Act more empowering to women by altering‚ deleting and adding certain sections. The Hindu Succession (Amendment) Act‚ 2005 sought to make two major amendments in the Hindu Succession
Premium Family Inheritance Property law