CONTRACTS CONTRACT a meeting of minds between 2 persons whereby one binds himself‚ with respect to the other‚ to give something or to render some service (ARTICLE 1305) GENERAL PROVISIONS (Arts. 1305-1317) Distinguish an ordinary Contract: a.) from a Contract of marriage b.) from an obligation c.) from an imperfect promise d.) from a pact e.) from a stipulation a.) from a Contract of marriage ORDINARY CONTRACT 1. The parties may be 2 or more persons of same or different genders
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Different types of events. Staff training - These can be achieved by holding workshops or presentations. You can organise one on one training if an individual needs it. Exhibitions‚ trade fairs and product launches – These types are arranged with a typical audience in mind usually. To deliver information about a new product‚ to demonstrate how it works and how it could work within your organisation. Giving the public the chance to ask questions and gain feedback from customers old and new. Conferences
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INTRODUCTION Indian Contract Act 1872 is the main source of law regulating contracts in Indian law‚ as subsequently amended. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872
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com/breaking-news/2012/06/16/817709/unemployment-rate-eases-april-job-shortage-remains I have 2 articles but I forgot the other one. Unemployment remained high in the Philippines compared to the other countries in the region. Despite the relatively fast employment growth‚ it is not sufficient due to the growing population and the increasing labour force participation (labour force participation went up by 0.5% from April 2011 to April 2012). Another factor causing this is the lack of jobs provided‚ which
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party or some forbearance‚ detriment‚ loss or responsibility‚ given‚ suffered or undertaken by the other”. In relation to Rent a Tents contract with Susie the terms of the contract are that in return for Rent a Tent providing a marquee for the birthday weekend Susie will pay £2‚000. This is a binding contract as the several requirements to make a binding contract are‚ offer and acceptance‚ intention to create legal relations and consideration. ‘. However Rent a Tent then approached Susie and
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A Zero Wage Increase Again? Montclair State University Summary The owner of large furniture and building center‚ Mark Coglin was trying to figure out how to manage the next upcoming wage review process. For two consecutive years‚ his store’s staff has had to settle with a zero wage increase. Mark knows that if his staff were to settle for a third year without a raise‚ moral issues amongst his employee’s would arise leading to an exponential growth of problems; aside from the ones he already
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there are requirements to form a valid contract other than offer and acceptance‚ that are‚ intention to create legal relation and consideration. What is consideration? It can be describe as being something which represent either some benefit to the person making a promise or some detriment to the person to whom the promise is made. The term consideration is given to the subject that is exchanged in a contract.1 It is a fundamental prerequisite in English contract law. 2 The courts has explained the
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1. Shipment or delivery The obligation of Seller to ship or deliver the goods specified on the face of this Contract (“Goods”) by the time or within the period specified on the face of this Contract shall be subject to the availability of the vessel or the vessel’s space. If‚ under the terms of this Contract‚ Buyer is to secure or arrange for the vessel or vessel’s space‚ Buyer shall secure or arrange for the necessary vessel or vessel’s space on berth terms basis and give Seller shipping
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Robber Baron Position Paper What is an entrepreneur? An entrepreneur is a risk-taking businessperson or somebody who initiates or finances new commercial enterprises. Is it so that there are two types of them? In my opinion‚ I believe that the two types do exist. According to the Book‚ “The Myth of the Robber Barons”‚ there are successful entrepreneurs: market entrepreneur and political entrepreneur. Folsom explains that there are market entrepreneurs and political entrepreneurs. He also states
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contract law agreement: objective test of intention to agree offer must be matched by other’s acceptance requirement of certainty of agreement parties have intention to create legal relations enforce promise: consideration promise is contained in a deed promissory estoppel (claimant has relied on defendant’s promise) reliance theory: consistent with the harm principle (prevent harm on others) restitution interest
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