TABLE OF CONTENT 1. Introduction ..............................3 2. The essential elements of partnership …………………..4 3. Bibliography ……………...…..13 4. Table of Cases ………………....13 Introduction The partnership as a form of business enterprise developed from the concept that if two of more individual owners joined forces a stronger entity would develop because they would then have at their disposal their combined resources‚ financial
Premium Partnership Joint and several liability Profit
Section 73 in The Indian Contract Act‚ 1872 73. Compensation for loss or damage caused by breach of contract.- When a contract has been broken‚ the party who suffers by such breach is entitled to receive‚ from the party who has broken the contract‚ compensation for any loss or damage caused to him thereby‚ which naturally arose in the usual course of things from such breach‚ or which the parties knew‚ when they made the contract‚ to be likely to result from the breach of it. Such compensation is
Premium Contract Breach of contract
Types of Remedies: Compensatory - A money award equivalent to the actual value of injuries or damages sustained by the aggrieved party. When a contract has been breached‚ the court orders the party that breached to pay the amount of direct losses done to innocent party. Consequential - Special damges that compensate for a loss that is not direct or immediate (for example‚ lost profits0. The special damages must have been reasonably foreseeable at the time the breach or injury occurred
Premium Damages Contract Breach of contract
cNATIONAL ECONOMICS UNIVERSITY‚ HANOI BTEC HND IN BUSINESS AND MANAGEMENT ASSIGNMENT COVER SHEET | | |NAME OF STUDENT |Pham Thi Thuy Trang | |REGISTRATION NO. |1013103214 | |UNIT TITLE |Common Law
Premium Contract
Valid Contracts March 2015 M1: analyse the impact of the requirements for a valid contract in a given situation Required to answer 3 short essay style questions on a given scenario Relevant case law must be mentioned. Spelling & grammar essential. Breach of Contract in the case of a private sale ‘Bob and Jamal’ FOR SALE £21‚000 Breach of contract in the case of a private sale In the Westshire Times on 2 September there was an advertisement to sell
Premium Contract Offer and acceptance
Mcpherson Douglas Edmunds ETH/321 04/06/2015 Elements of a Contract Scenario 1. Jack has to decide whether to engage an attorney. What would you advise? I would advise jack not to engage an attorney in the case. First‚ the fact that the old woman who sold the china shows signs of Alzheimer is enough to nullify the contract. A person can only get into contract if they are understand the terms and are considered to be competent. A person engaging in a contract should be able to understand all the ramifications
Premium Contract Contract law Common law
The essential elements of critical thoughts are immediate action‚ in a sense. For example‚ split second thoughts of law enforcement officials. Constantly‚ in life or death situations‚ law enforcement officials are in immediate action through critical thought although
Premium Management Scientific method Critical thinking
PART A Sita is able to claim personal injury damages under an action in tort for negligence. The principle of these damages is restituo in inegrum‚ which is based on the principle restoring the plaintiff to the position they were in before the tort took place (Sharman)1. These damages are presented on a once and for all basis as a lump sum with the date of assessment being that of the date of trial. 1. Economic Loss Economic loss is under Divison 2 of the Civil Liability Act2 (CLA). Under
Premium Contract Tort Damages
Essential Trace ElementsAnthony L. JacksonBIO/350October 20‚ 2014Michelle GrayEssential Trace ElementsEveryone has their own beliefs on how the Earth was formed‚ and people can argue about it for hours or even days‚ but there is one thing that everyone can agree on is that all organisms are composed of matter. Matter is anything thing that takes up space. All organisms need some element to make them produce and to live healthy lives. There are two types of elements the essential and trace element
Premium Life Chemical element Atom
The title of this journal is Essential elements for recruitment and retention: Generation Y. journal written by Jenna Luscombe from School of Psychology and Counseling‚ Queensland University of Technology‚ and Ioni Lewis and Herbert C.Biggs from Centre for Accident Research and Road Safety- Queensland (CARRS-Q)‚ Queensland University of Technology‚ Kelvin Grove‚ Australia and Institute of Health and Biomedical Innovation‚ Queensland University of Technology‚ Kelvin Grove‚ Australia. Generation Y
Premium Generation Y Demographics Generation X