Principles of Liability – Coursework Assessment Two For a contractual agreement to withstand‚ it is crucial that the contract contains the four main components‚ which are; offer‚ acceptance‚ consideration and the intention to create legal relations. A contract is seen as a legally binding agreement between two parties‚ so It is very important for the court to establish a ‘consensus ad idem’; the meeting of minds in order to judge whether a contract exists. Britney’s first meeting with
Premium Contract Meeting of the minds
ASSIGNMENT TORT The liability involved is trespass to person which consists of assault‚ battery and false imprisonment. The first issue is whether the act of Alice showing her fist to Robert constituted to assault. Assault is according to Winfield can be interpreted as an act of the defendant which causes to the plaintiff reasonable apprehension of the infliction of the battery on him by the defendant. There are four elements which needs to be established before saying that person is committing
Premium Plaintiff Tort Defendant
Ngee Ann Polytechnic School of Business & Accountancy Diplomas in ACC‚ BIT‚ BS‚ BFS & IBZ Business Law LAW OF TORT STUDENTS’ COPY Tutorial Questions Section B: Problem Questions (Use LAC format to answer‚ with supporting cases) 1. Last month‚ Raj bought a pair of Flying Eagle inline skates from his neighbourhood shop. Flying Eagle inline skates are made in a factory in Tampines owned by the Kang Brothers. Unknown to Raj‚ the particular model of inline skates had a manufacturing
Premium Tort
CASE ONE: LAW OF TORT An accident was occurred by the car driven by Azhar with the disabled lorry which has been stalled by Ah Chan. Two of these persons have made their own fault as what happened on case Ramachandran a/l Mayandy v. Abdul Rahman bin Ambok. First of all‚ Azhar has derived his vehicle along a state road at slightly above the speed limit and his vehicle was equipped with a seatbelt but Azhar was not wearing it at the time of the collision. In addition‚ the impact of the collision
Premium Tort Common law Negligence
Exhibit 4.4: The vicarious learning circle The starting point of vicarious learning is generalized knowledge and skills that are required for undertaking a job. These generalized skills have to be transferred according to the job-specific situation. It must be noted that vicarious learning process is just the reverse of virtuous learning cycle‚ as shown in Exhibit 4.4. While in the former‚ training reinforces learning‚ in this the whole learning exercise can become a futile effort. The role of trainer
Premium Learning Learning Educational psychology
Doctrinal bases of liability 4 1.1. Reasonable Care and Skill . 4 1.2. Fiduciary Law 5 1.3. Knowing Receipt‚ Inconsistent Dealing‚ and Assistance 6 1.4. Emerging Standard: Due Diligence‚ Suitability‚ Good Faith 7 2. Duty to advise and the liability for the advice given 8 2.1. Duty to advise 8‚ 9 2.2. Liability for advice given 10 Referencing 12 Introduction In this report I defined the duties and liabilities of a Banker under Advisory and Transactional liability in Banking
Premium Trustee Fiduciary Common law
HELD: Under the Corporation Code‚ Naguait is liable bec: (1) he actively managed the business; (2) there was evidence that CFTI obtained reasonably adequate insurance; and (3) there was a corporate tort in this case. Our jurisprudence is wanting to the definite scope of “corporate tort.” Essentially‚ “tort” consists in the violation of a right given or the omission of a duty imposed by law. Simply stated‚ it is a breach of legal duty. PHILIPPINE NATIONAL BANK‚ petitioner‚ vs. THE COURT OF APPEALS
Premium Common law Tort Legal terms
Estimated liabilities are a known obligation that is of an uncertain amount but that can be reasonable estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a
Premium Estimation Approximation Holiday
Limited Liability Partnership Limited Liability Partnership entities‚ the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act‚ 2008. A There are no sources in the current document.Limited Liability Partnership‚ popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner ’s misconduct or negligence;
Premium Corporation Partnership Limited liability partnership
the Law of torts. However‚ to every general rule there exceptions‚ this paper will discuss in some detail. the meaning of the three terms of intention‚ motive and malice as used in the Law of torts. In discussing the terms as used in tort‚it is important to note that Tort means a civil wrong for which the remedy is a common-law action for unliquidated damages‚and which is not exclusively the breach of a contract or breach of trust or other merely equitable obligation’ (Salmond:Law of Torts)1 Another
Premium Tort