“An agreement made without consideration is void. “With reference to provisions of the Indian Contract Act‚ 1872 examine the validity of the statement and explain the cases in which the statement does not apply. (November 2005) Answer Validity of an Agreement without consideration: The general rule is that an agreement made without consideration is void (Section 25). In every valid contract consideration is very important. A contract may only be enforceable when an adequate consideration is
Premium Contract Consideration
KEY VOCABULARY TEST I: Sales: The importance of reassuring customers about the security of internet transactions Cookies Don’t give away personal information Our servers are heavily firewalled Banners and pop-ups containing security threats (viruses) Unsecured websites. Business planning: the factors involved in decidingg whether to relocate a retail business Form a nucleus of experienced staff in the new offices Acquiring / Taking over a local company Sustained growth and
Premium Customer service Sales Business terms
distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms‚ as they are merely invitations or requests for an offer. Unless this interpretation is employed‚ any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement‚ price quotation‚ or catalogue
Premium Contract
Is The Illegalization of Marijuana Valid? The debate over the legalization of Cannabis sativa‚ more commonly known as marijuana‚ has been one of the most heated controversies ever to occur in the United States. Its use as a medicine has existed for thousands of years in many countries world wide and is documented as far back as 2700 BC in ancient Chinese writings. When someone says ganja‚ cannabis‚ bung‚ dope‚ grass‚ rasta‚ or weed‚ they are talking about the same subject: marijuana. Marijuana
Premium Hemp Cannabis William Randolph Hearst
Types of Event Requiring Management Introduction There are many different types of events for an event manager to organise! In this unit I will be talking about some of the most popular types of events including a birthday party and an outdoor festival! I will explain the necessary processes‚ goods and services that might be required for the specific event. Birthday Party Planning As an event manager you could be asked to plan someone’s 1st birthday to any range of adults birthday parties
Premium Management Party
SACE NUMBER: 215877W Impression Formation Proposal: The question being posed is does different stimuli affect a person’s impression of something or someone. This report seeks to learn if video and audio stimuli has an effect on peoples view on a certain subject or person. The investigation type that will be used for this investigation will be experimental‚ as the researchers can manipulate and measure the variables and the effect they have on the participants. Two groups of participants will
Premium Standard deviation Arithmetic mean Video clip
specific grammatical role a word might play in a sentence. In the formation of drinkable from drink‚ or disinfect from infect‚ for example‚ we see the formation of new words‚ each with its own grammatical properties." (David Crystal‚ How Language Works. Overlook Press‚ 2005) * "Derivational prefixes do not normally alter the word class of the base word; that is‚ a prefix is added to a noun to form a new noun with a different meaning: * patient: outpatient * group: subgroup
Premium Affix Inflection
Q. Name & explain the different types of market Ans: A set up where two or more parties engage in exchange of goods‚ services and information is called a market. Ideally a market is a place where two or more parties are involved in buying and selling. The two parties involved in a transaction are called seller and buyer. The seller sells goods and services to the buyer in exchange of money. There has to be more than one buyer and seller for the market to be competitive. Monopoly - Monopoly
Premium Shopping mall Market Economics
There is said to be over a thousand years of literature in the Christian Bible as it is today. This essay will look at the New Testament of the Bible‚ what the factors were that lead to its formation and the validity of those factors. The Bible must be looked at not as a single book‚ but as a collection of twenty-seven books. These books as we have them today are not originals‚ they have been translated from copies of copies and as ancient manuscripts were copied by hand‚ there is much room for
Premium Bible Christianity New Testament
In Malaysia‚ our contract law is basically governed and enforced by the Contract Act 1950. The remedy of specific performance presupposes the existence of a valid contract between the parties to the controversy. The terms of the contract must be definite and certain. This is significant because equity cannot be expected to enforce either an invalid contract or one that is so vague in its terms that equity cannot determine exactly what it must order each party to perform. It would be unjust for a
Premium Contract