What is Contract Farming ? Contract farming arrangements of different types have existed in various parts of the country for centuries for both subsistence and commercial crops. The commercial crops like sugarcane‚ cotton‚ tea‚ coffee etc. Have always involved some forms of contract farming. Even in the case of some fruit crops and fisheries‚ contract farming arrangements‚ involving mainly the forward trading of commodities have been observed. However‚ in the wake of economic
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this statement correct? Discuss. [10 marks] Word limit = 750 Question 2 Discuss the importance of the case of Central London Property Trust Ltd v High Trees House Ltd [1947] KB 130 [20 marks] Word limit = 1000 Question 3 Simon owns two motor cars. Both cars are the same make and model. Both cars are black. However one of the cars has had its motor replaced with a diesel motor rather than a petrol motor. Simon wants to sell the car with the diesel motor to his nephew Ben. Ben is
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(1995) the total claim in a complaint did not exceed Rs. 1‚00‚000/-. It was held that the matter was not within the jurisdiction of the State Commission and such a claim was rejected by the State Commission. The Complainant could seek the remedy from the District Forum. Therefore‚ jurisdiction‚ which is vested in a district Forum cannot be created for State Commission by merely exaggeration of a claim. In B. Raghunath Vs Trans India Tourism (1996) the complainant had suffered a loss of Rs
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LAW LECTURER NAME DR. ZAHRA TOPIC NAME Consideration of a contract for an Offer letter to an employee from the organization SUBMISSION DATE: 14-09-2013 STUDENT NAME: SYED ABBAS STUDENT ID: 861769 _____________________________________________________________________________________ EXECUTIVE SUMMARY In this report we are going to discuss the consideration of a contract for an offer letter to an employee from the organization. We will study why offer letter is required for any
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INDEMNITY CONTRACTS INDEX S.No PARTICULARS PAGE.No 1. INTRODUCTION 5 2. ENFORCEMENT 8 3. INDEMNITY IN IPR 10 4. REASONS FOR NOT GIVING INDEMNITY IN IPR 12 5. FINDINGS 13 6. CONCLUSION 14 TITLE – IMPORTANCE OF INDEMNITY CONTRACTS OBJECTIVE- TO FIND OUT THE RELEVANCE OF INDEMNITY CONTRACTS IN INDIA AND OTHER COUNTRIES THROUGH PROPER ANALYSIS SCOPE – IT IS A DOCTRINAL RESEARCH INTRODUCTION The concept of indemnity is based on a contractual agreement made between two parties‚
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Intro and formation of contracts . Basic Legal Contract Principles People have a right to contract – conduct is voluntary. Anything that takes away voluntariness is questionable‚ e.g.‚ duress‚ economic duress‚ fraud‚ coercion. People have right to breach. But must place other party in the same position for which they contracted‚ so must pay them damages. If legal remedy does not work and P is entitled to be placed into performance‚ then must order specific performance. Specific performance
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Decrease in trades and other payables + provisions (inclu NCL) Cash flow statement reports amount as - 6129 This includes the $714 CSR adj that we made in calculating NPAT (which doesn’t appear in the actual reported NPAT) So this figure needs to exclude the $714 otherwise we will double counting it The amount of decrease should be -6129 + 714 = -$5415 The 714 represents a loss that would reduce decrease in the payable that is a negative cash flow and reason why we making adjustment if
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the leasee shall lease the floor situated at 56/1‚5th floor‚ North Badda‚ Dhaka (the scheduled floor space) to the lessor. NOW THEREFORE‚ the parties agreed as follows 1. This agreement for lease shall start from 1st January‚ 2013. 2. Only lessor rents and leases from leasee. 3. The lease of 5000 sft floor space in fifth floor is for a term of 6(Six) years‚ beginning at evening on the first day‚ which shall be on the 1st day of January‚ 2013 ‚ and ending at evening on the last
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Aspect of contract and business law Assignment 1: The requirements for a valid contract P1: Identify the legal criteria for offer and acceptance in a valid contract. In order for a contract to be legally binding‚ both parties must make an offer and an acceptance of that offer. An offer‚ by law it is generally presumed that in a commercial transaction‚ the contracting parties must have the intention to create a legally binding contract. This means that if they have signed a contract for business-related
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Formation of Contract 2 Offer ............................................................................................................... 2 Acceptance ................................................................................................... 4 Certainty ........................................................................................................5 Consideration ............................................................................................... 6
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