AGREEMENT AND CONTRACT 1. Introduction Dear students‚ welcome to the lecture series on Business Regulatory Frame Work. Today we are going to discuss the Indian Contract Act 1872. Before I start my discussion on the contract‚ I would like to make you aware that the Indian Contract Act 1872 came enforced on the 1st day of the September 1872. It is applicable to whole of the country except the State Jammu & Kashmir. The course related to the law is designed to impart the knowledge to the student
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Throughout history‚ expansion was a common action for a country. The United States was growing at a considerable rate‚ making it was understandable to want to obtain more land. The issue how they went about obtaining it. Thomas Jefferson had two men‚ Lewis and Clark‚ travel west of the states to find a trade route and explore the land to see if the nation could expand. He‚ along with Andrew Jackson‚ showed that westward expansion is needed because the land helps support people by providing resources
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Conditions of Contract for Construction MULTILATERAL DEVELOPMENT BANK HARMONISED EDITION GENERAL CONDITIONS June 2010 For Participating Bank use only Released 30 June 2010 COPYRIGHT FIDIC 2010 FEDERATION INTERNATIONALE DES INGENIEURS-CONSEILS INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS INTERNATIONALE VEREINIGUNG BERATENDER INGENIEURE FEDERACION INTERNACIONAL DE INGENIEROS CONSULTORES General Conditions CONTENTS 1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14
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Islamic Contract Law TYPES OF COMMITMENTS 1. Wa‘d – • • • – وunilateral promise One party binds itself to perform a function for another Does not normally create legal obligation Legal obligation is created: • • Genuine need of the masses – (ر Contingent promise ا س )رد ا ز ن ز ا إذ ا 2. Muwaa‘ada – ا ة • • • • – bilateral promise Two parties performing two unilateral promises on the same subject Use of two unilateral promises can lead to a forward contract‚ which
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“CONTRACT & PROCUREMENT MANAGEMENT AT NTPC” SUBMITTED BY: **************** INDUSTRY GUIDE **************** FACULTY GUIDE **************** TABLE OF CONTENTS Chapter No. Subject Executive Summary…………………. Research Methodology……………… Primary Objective(s)…………. Hypothesis…………………… Research Design……………… Sample Design……………….. Scope of the Study……………. Limitations……………………. Critical Review of Literature……….. Company Profile ……………………. Industry Profile……………….. Swot Analysis…………………. Data…………………………………
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Void and Illegal Contracts Void Contracts Void contracts are basically those which contravene a provision in a statute or are contrary to public policy at common law but to which the ex turpi causa principle does not apply. Void by Statute A statute may declare expressly that a particular contract is void‚ eg s 45 of the Trade Practices Act 1974 which provides that clauses purporting to exclude‚ restrict‚ or modify the liability of a corporation imposed by Division 2 Part V of the Act (that
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The bacteria can come in four‚ different forms: bubonic‚ pneumonic‚ enteric‚ or septicemic plague. This plague usually is discovered living in a flea known as Xenopsylla cheopis. The particular flea lives on mammals‚ especially rodents. The Yersinia pestis living in the flea’s stomach grows
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15. Polysyndeton is the use of a conjunction between each word‚ phrase‚ or clause‚ and is thus structurally the opposite of asyndeton. The rhetorical effect of polysyndeton‚ however‚ often shares with that of asyndeton a feeling of multiplicity‚ energetic enumeration‚ and building up. * They read and studied and wrote and drilled. I laughed and played and talked and flunked. Use polysyndeton to show an attempt to encompass something complex: * The water‚ like a witch’s oils‚ / Burnt green
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way as to be able to affect the principal ’s legal position in respect of strangers to the relationship by the making of contracts or the [sale or purchase] of property." So‚ an agent is someone who represents another‚ called the principal‚ in dealings with third persons. Agency is therefore an exception to the general rule of contract law that only the parties to a contract are bound by it. Examples: a director for his company‚ a solicitor for his client Distinguish from other situations
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the environmental protection of the company’s concern. Advantage: The government can provide the needs of the environment that gives the company’s convenience. Also the government has the authority to do what the company needed most especially in terms of environmental issue. Disadvantage: There is a possibility that the government will ignore and disregard. 3. The company will not pursue and build additional stage or process. Advantage: It will not anymore require costly interruptions
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