ALGAPPA UNIVERSITY KARAIKUDI – 630 003 TAMILNADU DIRECTORATE OF DISTANCE EDUCATION B B A (II YEAR) PAPER 2.4 BUSINESS LAW Paper 2.2 Commercial Law : Business Law Indian Contract Act 1872 : Meaning and essentials of a valid contract Formation of contract – Performance of contract – Termination and discharge of contract – Remedies for breach of contract – Quast contract Special Contracts : Indemnity of guarantee – Bailment – Agency Sale of Goods Act
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THE LAW OF CONTRACT IN GHANA (These notes have mainly been culled from Mrs. Christine Dowuona Hammond’s seminal work on the Law of Contracts.) INTRODUCTION Contracts are made by people every day‚ whether the parties recognise it or not. Each time one spends money on anything – a bus ticket‚ an airline ticket‚ a pair of shoes‚ a meal in a restaurant‚ laundry services‚ books‚ or signs a lease‚ etc. one concludes a valid and legally binding contract. Contracts may be oral or written;
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are three types of propriety rights which can exist at law; they are property rights‚ personal rights and equitable property rights. The first interest to consider is the lease given to Simon. To establish whether Richard will take subject to the interests one would need to consider whether the interest is capable of being legal. A lease has the potential of being created at law‚ as it is one of the two legal estates listed under s.1 (1) (b) Law of Property Act 1925‚ as a term of years absolute. The
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Tort Law Tort laws are laws that usually involve state law and civil suits. State law are based on the legal premise that individuals are liable for the consequences of their conduct if it results in injury to others while civil suits are actions brought to protect an individual ’s private rights. A body of rights‚ obligations‚ and remedies that is applied by courts in civil proceedings to provide relief for persons who have suffered harm from the wrongful acts of others (Tort Law‚ 2013).
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presumption of law and observations by courts in the judicial capacity as per section 2[1]d of the act. Rules of evidence refer to the procedure of admitting relevant facts by courts of law and in general they are referred to as Relevancy and Admissibility of Evidence According to section 4‚ it may be given from any suit or proceedings of the existence or non existence of every fact in issue and of such other facts as may be declared admissible and relevant as was considered in the case of Uganda v
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As you know‚ eight months ago we entered into a contract with Citizen-Schwarz AG to create custom e-banking software. The agreed contract outlined the details of the arrangement‚ including on-schedule delivery and quality of the deliverables‚ strong communication between both parties‚ procedures for any changes in the system requirements‚ intellectual property rights‚ and dispute management procedures. Depending on our performance‚ we were projecting to gain an additional contract with C-S’s larger
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University of Phoenix Material Article Review Format Guide MEMORANDUM UNIVERSITY OF PHOENIX DATE: April 5‚ 2015 TO: Michael Carrozzo FROM: Tennile Massey RE: Niskanen‚ W. A. (2005). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624 Melvin‚ S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York‚ NY: McGraw-Hill/Irwin. ARTICLE SYNOPSIS This article is about
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08th October 2008 Tort-Obligations II Tutorial 1 1. What is Tort law for? ▪The law of tort- The word derives from the French for ‘Wrong’. ▪ The civil action for damages aims at compensation as opposed to criminal prosecution. Restoring the status quo. ▪Appeasement- the object of early law is to prevent disruption of society by disputes arising from the infliction of injury. The victim’s vengeance is bought off by compensation‚ which gives him satisfaction in 2 ways; he is comforted to receive
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Cargill vs. Intra Strata Assurance Corporation; March 15‚ 2010 Issues: 1.Whether petitioner is doing or transacting business in the Philippines in contemplation of the law and established jurisprudence; 2.Whether respondent is estopped from invoking the defense that petitioner has no legal capacity to sue in the Philippines; Facts: Petitioner Cargill‚ Inc. (petitioner) is a corporation organized and existing under the laws of the State of Delaware‚ United States of America. Petitioner and Northern
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Andrew G. Alonzo Professor Lugue English 100 27 July 2013 Gun laws does it work? In recent discussions of Gun Control Laws‚ a controversial issue has been weather let the civilian run free without gun laws. On the other hand‚ some argue that gun law is great for the people. My own view is that I believe in the gun laws. Though I concede that someone don’t really have any mental problems or any other kinds of violence. I really do believe why does civilian need an automatic machine gun there
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