"Understand the essential elements of a valid contract in a business cont ex" Essays and Research Papers

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    The Law of Contract Voidable Contract – Coercion The word “contract” can be defined as a voluntary‚ deliberate‚ and legally binding agreement between two or more competent parties. Contracts are usually written but may be spoken or implied‚ and generally have to do with employment‚ sale or lease‚ or tenancy. A contractual relationship is evidenced by an offer‚ acceptance of the offer‚ intention to create legal relations‚ consideration‚ certainty and capacity. However‚ while all parties may expect

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    Obligation and Contracts

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    Letran Intramuros‚ Manila College of Business Administration and Accountancy Accountancy Area First Semester‚ School Year 2007-2008 |I. |Course Code |: |LAW 1 | |II. |Course Title |: |OBLIGATION AND CONTRACTS

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    Terms of a Contract

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    Terms The content of a contract are made up of terms (or ‘clauses’ as they are called in the case of written contracts) which may be express or implied. The express terms are the terms which the parties actually stipulated for themselves when making the contract‚ whether orally or in writing. In addition to the express terms‚ the courts sometimes‚ for a variety of reasons‚ imply certain terms into the contract. Implied terms are terms that are not expressly stated in the contract but are deemed to be

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    Aspects of Contracts

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    .1 Explain the importance of the essential elements required for the formation of a valid contract in the following situations: P1.1 1. Temporary daily wages Worker doing work and following instructions from the supervisor 2. Tenant staying in an apartment 3. Contractor working on project site 4. Customer in an Amusement Park 5. Buyer and Seller of Consumer Product like Body Lotion Guidelines: You need to specify the essentials of the contract like written terms‚ verbal‚ implied

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    Essential Skills

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    Essential skills: • Minimum of 3 years solid industry experience I used to work as a graphic designer and Jn. Creative Art Director 4 years for a advertisement agency called ArtPeople when I was in Istanbul‚ Turkey. • Web experience required During the studying and working‚ I have designed some websites. • Proficient with Adobe CS tools and Flash I have Illustrator‚ Photoshop‚ Indesign and Flash skills. • Exceptional creative ability When I was working for ArtPeople Istanbul‚ I was

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    Essential Oils

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    SMALL-SCALE PRODUCTION OF ESSENTIAL OILS Essential oils are the volatile oils distilled from aromatic plant materials. The odour and flavour of these oils is usually dependent upon these oxygenated compounds. Many oils are terpenoids‚ a few oils are benzene derivatives. Table 1 shows the important constituents of the more common essential oils. Name Part of plant used Leaf Botanical name Important constituents Uses Lemongrass and citronella Eucalyptus Cymbopogon spp Citral

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    Contract Law

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    Contract A contract is a promise between two or more persons involving the exchange of some good or service. Some of the basic elements of a contract include: an offer and an acceptance; "capacity‚" or being of legal age and sound competence; "mutual assent‚" or agreement on the terms of a contract; and "consideration‚" or compensation for goods or services rendered. The element that distinguishes a contract from an informal agreements is that it is legally binding:the law provides

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    Contract Law

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    Acceptance 3 2.2 Consideration 4 2.3 Discharge of contract 5 2.3.1 Discharge by Breach 5 2.3.2 Discharge by Performance 5 2.4 Remedies 6 2.4.1 Unliquidated Remedies 6 2.4.2 Injunction Remedies 6 2.5 Intention to Create Legal Relations 7 2.6 Free Consent 8 3.0 Conclusion……………………………………………………………………...9 4.0 References…………………………………………………………………….10 1.0 Introduction Contract is a customary of procedures guiding the relationship‚

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    Ex Basketball Player

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    Critical Lens Essay 12/8/10 American poet Robert Elliot Gonzales once wrote‚ “A good many family trees are shady.” What he means is that parents do not always give their children what is most necessary to achieve in life. In Ex-Basketball Player by John Updike and Death Of A Salesman by Arthur Miller the main characters lack self-esteem and cannot fulfill their dreams primarily because of their lack of familial support. More specifically‚ the protagonists‚ Flick Webb and Biff Lowman‚ suffer

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    Ex Machina Movie

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    for information. However‚ the truth is that even though movies are a source of entertainment‚ they can also teach their viewers important lessons. For example‚ the movie Selma teaches its audience about the American civil rights movement. The movie Ex Machina teaches audiences about the dangers of artificial intelligence. In the same way as these films‚ the 2009 Star Trek movie is able to teach audiences about science and space.

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