1. Voidable Contract: An agreement which is enforceable by law at the option of one or more of the parties thereto‚ but not at the option of the other or others‚ is a voidable contract. A contract is voidable when one of the parties to the contract has not exercised his free consent. One of the essential elements of a formation of a contract for example‚ free consent‚ is absent. All voidable contracts are those which are induced by coercion fraud or misrepresentation. The person whose consent is
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CONTEMPORARAY ISSUES IN HUMAN RESOURCES MANAGEMENT SKILLS GAP 1Skills gap basically can be described as the difference in the skills required on the job and the actual skills possessed by the employees‚ a fundamental issue that is becoming predominant in the HRM field as a whole. According to asset skills gap analysis employer toolkit‚ February 2013‚ the article states some organisations experience significant skills gaps that are explained as an instance in which a worker or individual lacks a skill
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Formation of contract‚ requirements of writing and personal bar (formative written exercise) The main point of this scenario is whether Alana‚ the previous inhabitant of the home‚ and Edwina‚ the current inhabitant‚ had formed a contract whereby the right of ownership had been passed over to Edwina. After two days of Edwina living in the house she received a letter from Alana telling her they had not formed a contract and that she would have to leave the premises. Over the course of this essay
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Financial Risk Management Financial Risk Management Assignment 1 Tutor: Thanh Nguyen Tutorial Time: 12pm (ED1 401) Vaishnav Dhimaan (15902398) Vipul Joshi (15905149) Financial Risk Management‚ FIN3FRM Semester 2‚ 2012 Assignment 1 Q.1 An investor enters into a short forward contract to sell 100‚000 British pounds for U.S. dollars at an exchange rate of 1.9000 U.S. dollars per pound. How much
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Issues and Analysis Paper Geraldine Williams PSY 375Life Span Human Development October 24‚ 2011 Mr. Stanley Ellis Issues and Analysis Paper Elite professional women have a choice of opting out in today’s society from the high powered jobs to focus more on raising their children. “For years‚ most feminists have stressed respect for women ’s choices” (Young‚ 2005‚ Para. 2). The Pro side of the issue The Pro side of the issue of professional women “opting out” of work by
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technical and construction issues which influence the cost of construction. It would be beneficial from a project’s perspective to optimize the time and cost of the total project so that it finally benefits the profitability and efficiency of the project. Objective and scope The main objective of this project is to apply simulation in optimizing the cycle time and logistics of various activities involved in construction of a breakwater. The main benefit of this simulation analysis is a detailed look at
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Essentialia The contract of employment is an agreement between two parties in terms of which one party (Mr. Phage) places his labour potential at the disposal and under the control of the other party (Lifeline services)‚ in exchange for some form of remuneration. From this definition‚ it is clear that the essentialia of a contract of employment are 1. Work and 2. Remuneration. This contract does not meet the requirement for work because even though an ambiguous job title of ‘General Worker’
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| |II. |Course Title |: |OBLIGATION AND CONTRACTS | |III. |Course Credit |: |3 units
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Chapter 1 INTRODUCTION Objectives of Report * To get an idea about the law structure of Sri Lanka * To study about contract law * To get an idea about the low governing offerer and acceptance in Sri Lankan Law. Methodology * Library and Internet research Colonial History and the Law Sri Lanka‚ formally known as Ceylon‚ is a multi-ethnic and multi-religion island nation in the Indian Ocean‚ near the southern coast of India. The ethnic and religious diversity of the nation‚ and
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JUDGMENT V.N. Khare‚ CJI 1. This appeal which arises out of a judgment and order dated 23-11-2001 passed by the High Court of Kerala at Ernakulam revolves round the question as to whether an arbitration clause in a contract agreement survives despite purported satisfaction thereof. 2. The parties to this appeal entered into an agreement for a project at Kayamkulam. Upon completion of the work the respondent herein submitted final bill which was allegedly not accepted by the appellant‚ where
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