This essay is an attempt at looking at the steps to be taken to ensure a floating charge will be valid and the circumstances in which a floating charge will be enforceable. This will be done in relation to advice to be given to Bank ABC Limited‚ regarding the K 20‚ 000 lent to Bwalya Limited on the security of a floating charge over the whole of its assets. The essay will therefore‚ begin to look at the legal concepts related to the above facts which are debentures and floating charges‚ as well as
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Question 1 “An agreement without consideration is void”. Do you agree? Justify your response on the basis on what you have learnt about this rule and its exceptions. Use suitable illustrations to substantiate your answer. A legally binding contract needs consideration as it is an important element. So‚ a valid contract will not exist without consideration. By promise someone sacrifices or gives something and other people take something. This kind of giving or taking and sacrificing is called
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AIRLINE RESERVATION SYSTEM INDEX 1.INTRODUCTION……………………………………………………………………..1 1.1 Abstract……………………………………………………………………………1 1.2 Existing System……………………………………………………………………2 1.3 Proposed System…………………………………………………………………...2 2. REQUIREMENTS ……………………………………………………........................3 2.1 Hardware Requirements…………………………………………………………....4 2.2 Software Requirements…………………………………………………………….4 3. MODULE DESCRIPTION………………………………………………………….24 4. DESIGN………………………………………………………………………………27
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Design Patterns FOR DUMmIES by Steve Holzner‚ PhD ‰ Design Patterns FOR DUMmIES ‰ Design Patterns FOR DUMmIES by Steve Holzner‚ PhD ‰ Design Patterns For Dummies® Published by Wiley Publishing‚ Inc. 111 River Street Hoboken‚ NJ 07030-5774 www.wiley.com Copyright © 2006 by Wiley Publishing‚ Inc.‚ Indianapolis‚ Indiana Gamma/Helm/Johnson/Vlissides‚ DESIGN PATTERNS: ELEMENTS OF REUSABLE OBJECT-ORIENTED SOFTWARE‚ © 1995 Pearson Education‚ Inc. Reprinted
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father for the apartment. This agreement was later registered at the land office. The issue here is whether the transfer of apartment from Pak Mak (father) to Aminah (daughter) is valid‚ void or voidable. Section 26 of the Contract Act 1950 provides that as a general rule‚ an agreement without consideration is void. Consideration is defined in section 2(d) of the said Act as : “ When at the desire of the promisor‚ the promisee or any other person has done or abstained from doing or promises to do
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MINOR PROJECT REPORT (Project Term August-December‚ 2012) MOBILE BASED ATTENDANCE TRACKING SYSTEM (J2ME) Submitted By: ASHISH NIVHAL Reg.No. : 10905923 GURBEER KAUR Reg. No. : 10907141 SUMIT SINGH Reg.No.: 10906099 ABHAY NATH SINGH Reg. No.: 10906381 SANJEEV KUMAR Reg.No.: 10906429 SECTION : K3R19 PROGRAMME : B.TECH-MBA (DUAL DEGREE) CSE Under the Guidance of Mr. HARJIT SINGH Lecturer Discipline of CSE/IT Lovely Professional University‚ Phagwara August to December‚ 2012 DECLARATION We hereby declare
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Salient features of the Hindu Marriage Act‚ 1955 salient-features-of-the-hindu-marriage-act-1955-558-1.html Author : laksheyender@gmail.com Published: September 7‚ 2013‚ 7:32 am Salient features of the Hindu Marriage Act‚ 1955 Hindu Marriage Act‚ 1955 has reformed Hindu law of Marriage. It is a landmark in the history of social legislation. It has not simply codified the Hindu law of marriage but has introduced certain important changes in many respects. The Hindu marriage contemplated by the
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section 10 (1) of the Contract Act 1950 which states: “All agreements are contracted if they are made by the free consent of parties competent to contact‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.” Competency refers to the capacity of being an adult‚ having a sound mind and not forbidden by law to enter any contract (e.g‚ bankruptcy). This principle is based on section 11 of the Contract Act 1950 which provides that “every person is competent
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Week 5 iLab Part A: using System; using System.Collections.Generic; using System.Linq; using System.Text; namespace Lab5A { class Program { static void Main(string[] args) { string[] playerName = new string[100]; int[] playerScore = new int[100]; int c = 0; c=InputData(ref playerName‚ ref playerScore); double avg= CalculateAverageScore(ref playerScore‚c); Console
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basis Express contract Executed contract Valid contract Bailment contract Implied contract Executory contract Void contract Indemnity contract Quasi contract
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