Payment‚ similar to consideration‚ is one of the four elements of a contract. Consideration is something of value in a contract or agreement between two parties. Both parties must be providing something of value to the other party. It is an act or promise to do (or not to do) something in return for value and the value given is enforceable. All the law need is ‘valuable consideration ’. For example‚ if Jack has offered to pay S$10 for a hammer worth S$100‚ that is considered valuable consideration
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MIDLANDS STATE UNIVERSITY FACULTY OF SOCIAL SCIENCES HUMAN RESOURCE DEPARTMENT NAME : KUDAKWASHE SURNAME : MUNETSI REG NUMBER : R116091W M.O.E : Visiting PROG : Human Resource Management LEVEL : 2.2 MODULE : Elements of Labour Law (HRM 2) LECTURER : Mr. M. Bhebhe Question: 1. Critically analyse the legal framework on the promotion of participation by employees in the decisions affecting their interests at enterprise level. Employee participation
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Contract Bundling 1. What is contract bundling? According to FAR 2.101 the definition of a bundled contract or bundling refers to the consolidation of two or more procurement requirements for goods or services previously provided or performed under separate smaller contracts into a solicitation of offers for a single contract that is likely to be unsuitable for award to a small business. What this really means is that contract bundling happens when two or more contracts intended for small businesses
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The Understanding of Plagiarism Plagiarizing is something that can cause a student to get more than just a zero on a paper or report. Lack of knowledge‚ rules‚ and laws dealing with plagiarism are not an acceptable excuse to teachers‚ professors‚ or college deans. Most colleges and universities have a very strict stance on students who plagiarize a report or paper. Using the works of someone else without giving the proper cite of that work can cause a student to be put on probation‚ receive
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AGREEMENT AND CONTRACT 1. Introduction Dear students‚ welcome to the lecture series on Business Regulatory Frame Work. Today we are going to discuss the Indian Contract Act 1872. Before I start my discussion on the contract‚ I would like to make you aware that the Indian Contract Act 1872 came enforced on the 1st day of the September 1872. It is applicable to whole of the country except the State Jammu & Kashmir. The course related to the law is designed to impart the knowledge to the student
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How is it that 4 out of the 118 elements comprise over 96% of all living organisms? It is due to their reactive nature and ability to form bonds. One might ask why or how they are so reactive with other elements. Just as anything else in the universe seeks stability‚ so do atoms. Each of these 4 atoms seeks stability through their electrons. For example‚ hydrogen has 1 electron in its valance shell and it has the ability to fill that shell with up to 2 electrons thus it seeks another atom that
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Breach of Contract BUS311: Business Law Instructor Katheryne Rogers 3/18/2011 Breach of Contract Breach of contract can happen by a party intentionally breaching the contract or because of unexpected delays. In this paper I will discuss the contract my brother had with an in home appliance sales company. My brother and his wife purchased all of their appliances for their new home from an appliance company. The written agreement was that payment for the appliances was to be made upon delivery
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the following goods on or before May 31‚ 2012 (the “Goods”) a. 10‚000 widgets Purchase Price 2. The Purchaser will accept the Goods and pay for the Goods with the sum of fifty thousand ($50‚000) USD‚ paid as follows: a. Down payment of $5‚000 upon contract execution b. the remainder of the purchase price within 10 day of receipt of delivery of the Goods. 3. Payment of the Goods will be made to the Seller when the Purchaser has confirmed receipt of the Goods. Delivery of Goods 4. The Goods will
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Unit 5: Aspects of Contract & Negligence for Business | By Abdul Mir: FCS#307035 | Mark & Jodie Jones | Contents Task 1: Formation of a Contract 3 Offer & Acceptance 3 Acceptance 3 Modes of acceptance & E-Contracts 4 Consideration 4 Intention to Create Legal Relation 5 Capacity to contract 5 Blue Chip v Evershed 5 Task 2: Exclusion & Limitation Clauses 6 Contractual Terms 7 Conditions 7 Warranties 7 Innominate Terms 7 Advantages&Disadvantages
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I do believe that a person can persuade others of a valid argument using emotions. As long as the person have valid facts. Their emotions can help them persuade others about the topic that they are very passionate about. Kent did show some emotions in his speech‚ but he did not have any valid facts. I do believe that does help if you can understand fallacies. I watched the video before I read the chapters and I felt like I was just listening to someone trying to change the way I understood life
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