ASPECTS OF CONTRACT AND NEGLIGENCE OF BUSINESS Task: 1.1: Explain the importance of the essential elements required for the information of a valid contract? Offer A valid offer identifies the bargained-for exchange between the parties and creates a power of acceptance in the party to whom the offer is made. The communication by one party known as the offeror to the another party called the offeree b) Acceptance To constitute a contract‚ there must be an acceptance of the offer
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Foot Binding and Today Different + Similar Foot binding has made girls’ feet look nicer. It still made people’s’ life different and has changed the look of others. As well as somebody adjustments today‚ it can also change people’s identity and mood from changing. Foot binding is different and similar from today because some surgeries or makeups can change the way people feel and how the people act. First‚ plastic surgery is a little similar to foot binding because people are getting
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relations are blurred the litigants. Evaluate the above statement. Intention to create legal relations is part of elements in contract (“Intention”‚ n.d.). Intention to create legal relations is defined as an intention to enter a legally binding agreement or contract (“Intention”‚ n.d.). Intention to create legal relations is one of the necessary elements in formation of a contract. This is because intention to create legal relations consists of readiness of a party to accept the legal sequences
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Essentials of Consideration Presence of consideration is one of the requisites of Valid Contract. Consideration must be of two directional nature. That means both parties should get benefited mutually. Then only the Contract becomes capable of creating legal relations. Consideration may be in the form of cash‚ goods‚ act or Abstinence. Definition of Consideration “When at the desire of the promissor‚ the promisee or any other person has done or abstained from doing or does or abstains from
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Brief examples of narrative genres found in the Bible are given. Next‚ John 11:38-44 is described. Reasons are given explaining why the passage is considered a narrative genre and how this consideration affects the passage’s interpretation. Essential Elements of Narrative Genre A narrative genre is a type of literary work that tells a complete story. Tate defines narrative genre as “a sequence of narrated events.” As a complete story‚ all narratives have a beginning‚ a middle‚ and an end. The way
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contract law agreement: objective test of intention to agree offer must be matched by other’s acceptance requirement of certainty of agreement parties have intention to create legal relations enforce promise: consideration promise is contained in a deed promissory estoppel (claimant has relied on defendant’s promise) reliance theory: consistent with the harm principle (prevent harm on others) restitution interest
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Chapter 1 INTRODUCTION Objectives of Report * To get an idea about the law structure of Sri Lanka * To study about contract law * To get an idea about the low governing offerer and acceptance in Sri Lankan Law. Methodology * Library and Internet research Colonial History and the Law Sri Lanka‚ formally known as Ceylon‚ is a multi-ethnic and multi-religion island nation in the Indian Ocean‚ near the southern coast of India. The ethnic and religious diversity of the nation‚ and
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Contract is an agreement between two or more competent parties in which an offer is made and accepted‚ and each party benefits. No contract can come into being unless the following features exist: an actual offer‚ an acceptance‚ consideration (this means that each party will contribute something of a material value to the bargain) and an intention to create legal relations. The agreement can be formal‚ informal‚ written‚ or just plain understood. (a) For a contract to exist the offer must be made
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In Ann-Marie Wilson’s work‚ two specific gender-exclusive practices are heavily detailed. Firstly‚ “Chinese foot binding (Chánzú) is an ancient tradition of forced deformity‚ passed generationally from mother to daughter.” Secondly‚ “Female genital mutilation (FGM)… is a painful and dangerous practice that alters the female genitalia.” The practices have been implemented throughout history‚ starting as early as 937 CE and “fifth-century BCE Egypt‚” respectively. This history of the practice does
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By the case of Hughes v Metropolitan Railway Co the doctrine of Promissory Estoppel was establish and the derivation of modern doctrine of it is to be found in the The doctrine of Promissory Estoppel was first developed but was lost for some time until it was resurrected by Lord Denning in the leading case of Central London Property Trust Ltd v High Trees House Ltd. Promissory estoppel There are three exceptions to the rule in Pinnel’s case. They are composite agreement‚ payment of debt
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