The common law view of pre-registration contracts was that the company did not exist for legal purposes until it had been formally incorporated (registered). This common law view resulted in company’s being unable to enter a binding contract until they had been registered. However "given the delays which can be encountered in the registration process‚ the promoter of a company may wish to enter into contracts `for’ the company prior to its incorporation" . An example of this may be a promoter
Premium Contract Common law Contractual term
Contract Creation and Manage Law 531 Contract Creation and Management After completion of the Contract Creation and Management simulation the following legal issues were noted. There were problems with this contract from the beginning because the specifics of the contract were ambiguous from the start. The companies involved developed a contractual relationship by evidence of an offer‚ acceptance of the offer and valid and legal consideration‚ which in this case is money for services rendered
Premium Contract
Section 1: Possible Learning Topics For my learning topics I have decided to learn about Time Management and Working Relations and Communication. I have identified Time Management because in my role as an Employment Advisor I have targets of helping clients in to sustainable employment and in order to achieve these targets time management is essential. If I were to improve this area it would enable me to help more clients successfully into work‚ lessen my caseload‚ and increase my performance
Premium Management Full-time
What are the defenses to a breach of contract? If someone is accused of breach of contract‚ there are a number of defenses available to argue that a contract should not be enforced. If any of the basic contract elements are missing‚ or if the contract was made with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability
Premium Contract Contract law
Ethical Dilemma: Donna and Wilma Liberty University Abstract In this paper‚ you will be able to see how to apply professional values‚ codes of ethics‚ and decision-making model to the process of ethical decision-making. I chose to look at ethical dilemma number 4. In this dilemma‚ a client’s confidentiality has been breached; due to her counselor. The first approach is for me to identify the problem and apply the ACA code of ethics. I then identify the moral principles
Premium Ethics Morality Philosophy
SUMMARY Indian Contract Act 1872 is the main source of law regulating contracts in Indian law. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872 sections
Premium Contract Contract law
Comparison and Contrast The United States in a country of immigrants. We can found people from every part of the world. That’s why this country also has many social problems that sometimes people don’t identify. Discrimination is not only about skin color. I learned that discrimination is also about social classes and languages. Not understanding people’s language is a social issue in the United States that have been presents for years. After I read the essay of Amy Tan‚ “Mother Tongue” and
Premium Second language Native Speaker Discrimination
Liability for Agent’s Contracts You run a successful paper mill and send out your three best personnel to secure new wood pulp sources using due diligence and skill. Applying the agency principles outlined in this chapter‚ answer the following questions. Delilah‚ does not return with wood pulp‚ but brings back three contracts. Acting within the scope of her authority‚ she contracted with Evon‚ who knew your identity at the time; Felipe‚ who knew that Delilah was acting on behalf of someone
Premium Knowledge Contract English-language films
Part A For a contract‚ it is necessary to decide what the parties have agreed‚ otherwise it is not possible to know whether the parties have done what they contracted to do. However‚ not all the statements made during negotiations are contractual terms. Therefore‚ here to discuss terms of the contract. Terms of the contract According to James (2010)‚ the terms of the contract are the specific details of the agreement‚ including each party’s rights and obligations. Broadly speaking‚ there are
Premium Contract Sale of Goods Act 1979 Contractual term
Essential elements of Contracts BUS 670 Legal Environment Instructor: Mark Cohen 09/26/2011 Essential elements of Contracts All contracts share some common elements. A contract starts when an offer is made‚ certain requirements need to be satisfied to ensure the agreement is legal‚ in particular a capacity of parties to contract has to be proven‚ the legal purpose of the agreement and the satisfaction of consideration‚ before the offer is accepted. Contracts have common elements in
Premium Contract