Table of Contents Introduction 1 Contracts in Restraint of Trade 1 Case 1: Wrigglesworth v. Wilson Anthony 4 Case 2: Svenson Hair Center Sdn Bhd v. Irene Chin Zee Ling 6 Case 3: Shanghai Hall Ltd v. Town House Hotel Ltd 8 Case 4: Polygram Records Sdn Bhd v. Hillary Ang & Ors & Anor 10 Case 5: Pertama Cabaret Nite Club Sdn. Bhd. v. Roman Tam 12 Case 6: Nagadevan Mahalingam v. Millennium Medicare Services 14 Case 7: Thomas Cowan & Co Ltd v. Orme 16 Case 8: Schmidt Scientific Sdn
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CONTRACTS OF INDEMNITY Definition Section 124 of the Contract Act defines a contract of indemnity as a contract by which one party promises to save the other party from loss caused to him by the conduct of the promisor himself‚ or by the conduct of any other person. P. contracts to indemnify Q against the consequences of any proceeding which R may. take against Q in respect of a certain sum of Rs. 200. This is a Contract of Indemnity: P is called the indemnifier and Q the Indemnity-holder. Characteristics
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BOOK KEEPING • Book keeping is all about business transaction. • Accounting not just includes book keeping but interpreting the records of business transaction. • Booking and Accounting allows a person to know whether there is profit made in a business transaction or losses made. • All transaction is kept in ledger. • In ledger‚ there are a lot of accounts. • For all the accounts‚ there is title. Etc. Cash Account‚ Mr. Tan’s Account or ABC Account. • If
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1.0 INTRODUCTION ‘Legally binding contract’ is a common legal phrase which indicates that an agreement has been consciously made‚ and certain actions are now either required or prohibited. The meaning of the phrase therefore is that the contract is able to be enforced by the law. For example‚ a lease for an apartment is legally binding‚ because by signing the document‚ the lessor and the lessee are agreeing to a number of conditions. The lessor typically agrees to provide the apartment in a certain
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At birth‚ some people are more prepared than others to go far in life. This is often due to “the economic status of one’s parents‚ the models of success available while growing up‚ and the educational opportunities along the way (Reich)‚” but there are successful people that were not given everything they needed to succeed. They had to earn success by competing. Though many have achieved success through competition‚ others still do not like competition’s role in society. In the past few decades
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Victorian era was a period full of changes; the most important was the reign of Queen Victoria‚ who ascended the throne in 1837 and ruled the British Empire‚ restoring stability to the crown. Her reign is considered one of the most prosperous in her time‚ which eventually became the symbol of a period that took its name‚ "the Victorian Era". Queen Victoria (1819-1901) was the first English monarch to see her name given to the period of her reign whilst still living (1). The Victorian Age was characterised
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Getting‚ Keeping‚ and Growing New Team Members By Richard Anderson October 4‚ 2010 Instructor‚ Tiffany Klein October 4‚ 2010 From: The Desk of Richard Anderson To: HR Staff Hello everyone‚ the last few weeks have been very intense but very productive. We have completed two of our three objectives 1) getting the team chosen and placed‚ 2) growing them by starting the training‚ and 3) the final phase‚ the important step where we are now ‚ developing an attractive compensation plan to keep
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their prices‚ and he also ran smaller companies out of business and then took them over for his own. After he took over most of the smaller businesses‚ he raised his own prices back up in order to bring in a bigger profit. Rockefeller’s robber baron side was reflected by this action because‚ he went behind people’s backs and turned the other way when it came to business partners. Rockefeller bought out his partner in an auction for a total of $72‚500 in February 1865. He also
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TEAM CONTRACT - Group 7 I. Team Goal: Include a comment on each of the elements of SMART Specific – what‚ why‚ who‚ where and which in terms of the goal? ü We expect our team to become a cohesive and cooperative group by the end of the term. It will need devoted dedication from each member. It is critical to our success on overall performances because good teamwork allows us to work effectively and efficiently. The specific goal related to Mike’s Bick is to triple the shareholder’s value by
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Introduction A contract is defined as an agreement enforceable by law. Hence for all contracts there should have an agreement. The agreement arises by one of the parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his
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