WHEN DOES AN AGREEMENT BECOME A CONTRACT? (1) There must be some consideration for it According to Section-2(d) of the Indian Contract Act‚ 1872 “When‚ at the desire of the promisor‚ the promisee or any other person has done or abstained from doing‚ or does or abstains from doing‚ or promises to do or to abstain from doing‚ something‚ such act or abstinence or promise is called a consideration for the promise.” According to Section-25 “Agreement without consideration‚ void‚ unless it is in writing
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How does water shape Michigan? Michigan is a natural resource because of water and is part of a large‚ renewable water cycle. Michigan is full of rivers and lakes‚ but it is most importantly known for its great lakes‚ making Michigan the “Mitten State.” That being said‚ it is no surprise that water has a large effect on the state‚ shaping the land with the erosion and deposition that occurs with lakes and rivers‚ to the glacial movement a million years ago. How has water shaped the mitten shape of
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A migrant becomes an Australian when they accept the Australian way of life. By law they are free to live the way they please and follow what religion they want‚ but an Australian is someone who takes pride of their flag‚ pride of their country and pride in what being Australian really means.position You call Australia home with all the privileges. Anybody who wants to become an Australian citizen needs to make a formal application‚ and the time it takes for the process. Usually it takes between
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By: Miriam J. Baer‚ Deputy Legal Counsel Have you ever been involved in a real estate transaction in which you were not certain whether the parties had a binding contract? Perhaps the buyer and seller had reached an oral agreement when another buyer made an offer on the property. Maybe one of the parties got "cold feet" and wanted to back out of the deal even after signing the contract. To determine whether parties have an enforceable contract‚ you must be familiar with two basic concepts of contract
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Marketing is an ongoing activity that does not stop‚ continuously obtaining needs that define a state of felt deprivation and wants that defines what is need. It involves transaction in terms price‚ place‚ product and promotion. At the end of this exchange‚ the most important result most desired is customer satisfaction. The discovering and satisfying of consumers’ needs and wants is the prime marketing activity. Thus‚ the marketing function is to search needs and then satisfy it. According to Philip
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Ying (Fioni) EU’s unknown Asia - Does Asia need a single currency to lead the world? As the euro has contributed to the culture and economy of Europe‚ I would like to examine if Asia‚ particularly East Asia‚ could learn a lesson from the EU to create a single currency. In fact‚ small intra-regional exchange rate misalignment can interrupt trade and investment flows and potential trade frictions can occur among regional economies. It suggests that the need for intra-regional exchange rate stabilization
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runoff in the water as it rains. That eventually my end up inside our ponds and lakes. In the case of piper lake‚ a fertilizer plant‚ HTC fertilizers‚ leakes large amounts of fertilizer into eagle river which feeds onto piper lake. Since then algal blooms have been a dramatic increase. We did an experiment to truly if the fertilizer was affecting the algae in the water. In our experiment we had 6 test tubes. Each test tube had a different ratio of algae to fertilizer in the water. Our first test
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| Does my country need a revolution? | UDHR | | Karla Renić | 2/18/2013 | | INTRODUCTION My task is to write a research paper on a Human Rights topic and how well the chosen right is protected in my country. I chose the right which states that everyone has the right to education. Education is necessary in realizing other human rights. Everyone has the right to education and it should be available and free to all people‚ at least the primary level. Across the world many children
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WHAT MANAGERS NEED TO KNOW? The directors of a company have a legal responsibility to ensure weather the company keeps appropriate accounting records which enable them to report the financial position of the business to investors‚ regulators and tax authorities. In an organization financial acumen is a skill that will support any manager in their career. The skill is not about knowing the intricacies of transaction recording or the details of financial reporting; it is about having the ability
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1. What is? Chiquita is a banana production company established in United States‚ grows their Banana in Colombia. The main ethical issue is that‚ Chiquita involvement in payment to terrorist organization in Colombia. Stakeholder analysis Top level management – that is CEO of the company who owns the power‚ Pays money to the terrorist organization for the protection of company’s employees working in outsource country. Employees / families of employees –due to urgency‚ employees are working in those
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