CONTRACTS OUTLINE Prof. Page – Contracts I – Fall 2011 |CONSIDERATION | - A legal contract only exists when there is an exchange – whether that’s a promise for a promise‚ performance for a promise‚ etc… this is called consideration. The promises/performance have to be influencing the other party to act/promise. *i.e. the ‘fuzzy coughdrop’ rule* i. RESTATEMENT
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advertisement fees from Mr. Good and is looking for compensation. Therefore‚ it is clearly that Mr. Concern is the plaintiff‚ and Mr. Good is the defendant. Unilateral offer In this case‚ we have to decide whether this is an existence of legally binding offer -unilateral offer. Therefore in this case‚ we will have to explore if Mr. Concern is to be bounded by such offer. A unilateral offer refers to a party making a promise of reward on performance of some act. The offer is only accepted by
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Goldsbrough Mort v Quinn A promise to hold an offer open for a time is not enforceable (as there is no consideration). BUT option contracts have consideration for the promise Mobil Oil Australia v Lyndel If the performance of a unilateral contract has commences the offeror can revoke it but there may (Depending on circumstances) be an implied ancillary (side) unilateral contract to not revoke it which you would be in breach of Stevenson‚ Jaques & Co v McLean Inquiry as to a method of payment is not a rejection
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LEASE AGREEMENT This lease agreement‚ is made on the day of December 21st‚ 2012. Alectra Ltd. Company‚ incorporated under the relavant law of Bangladesh‚ having its registered office at house no. 96/1‚ Road no.15‚ Gulshan‚ Dhaka. (hereinafter referred to as “lessor”) Muktadir Khan‚ son of Faysal Khan‚ having his permanent address at house no. 46/2‚ Alauddin Road‚ North Badda‚ Dhaka. (hereinafter referred to as ‘leasee”) WHEREAS‚ the leasee is a company‚ carrying a business of electronic goods
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LAW OF CONTRACT Thursday 9:00 Summer Term‚ 2014 Lecturer and Module Co-ordinator: John Halladay Texts: Poole‚ Textbook on Contract Law McKendrick‚ Contract Law Casebook: Both Poole and McKendrick have casebooks which are very good. There are also many others on the market. Statute book: There are not many statutes in the course but there are some and this will be useful for the exam. Any Contract or Commercial Law statute book should do. A. WHY CONTRACT? A
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What is the Sapir-Whorf hypothesis‚ and how valid is it? Introduction The debate on whether ‘language is the dress of thought’ originates in ancient Greece when Aristotle discussed the possibility that the thinking pattern influences to a certain degree the evolution of language (He‚ 2011: 1). The concept that language is ‘merely a reflection of thought and the objective world’ (He‚ 2011: 1) was re-examined several times throughout history; the conclusions drawn give us a new interpretation of
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BU130 Working and Learning: Learning Contract template We have provided this template to help you to build up and structure your learning contract. You will find an introduction to the learning contract in Activity 1.6 of the Study Guide and you will find detailed guidance in the Learning Contract Guidance. This will have been sent to you as a printed booklet and is also available on the Study Resources section of the Module web-site. For each of the five sections of this template there
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WEEK 3 – THE FORMATION OF CONTRACTS Apply Your Knowledge (EXERCISE 4 – CONTRACT OR NOT?) Review the essential elements of a valid and enforceable contract and decide whether a valid‚ void or voidable contract has been formed in each of the following situations. Provide a legal explanation for your decision. 1. Last year‚ Smith‚ the owner of a retail business‚ in an attempt to reduce employee absenteeism due to illness‚ offered to give any employee who quit smoking for a year a $500
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Water is an essential element for life. Many people must confront daily the situation of an inadequate supply of safe water and the very serious resulting consequences. The intention of this paper is to present some of the human‚ social‚ economic‚ ethical and religious factors surrounding the issue of water. The Holy See offers these reflections on some of the key issues in the agenda of the 3rd World Water Forum (Kyoto‚ 16th-23rd March 2003)‚ in order to contribute its voice to the call for action
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ACKNOWLEDGEMENTS First of all‚ I would like to say thank you express to all the lecturers for the course of Master of Science (Construction Contract Management)‚ especially my supervisor – Encik Norazam Othman‚ for their guidance during the writing of this master project. Without their supervision and advice‚ this project could not be completed on time. Secondly‚ I would like to express my gratitude to my dearest parents and brother for their support and advice during these few months. Not
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