Limited Head Office‚ Dhaka. THE CONTRACT ACT‚ 1872 Md. Hasan Imam Manager Board Division Introduction: The law of contract is the foundation upon which the superstructure of modern business is built. It is frequent that in business transactions quite often promises are made at one time and the performance follows later. The law of contract is applicable not only in business community‚ but also to others. Everyone of us enters into a number of contracts almost everyday‚ and most of the
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observe and analyze of an everyday literacy or numeracy scenario of a young child. First of all‚ I will talk about the background of the scenario; follow by the description of the scenario‚ analysis based on mathematical concept and literacy component‚ evaluation of the scenario‚ recommended activities and the conclusion as well. The references will be provided after the conclusion. Background of the scenario: The scenario took place in the living room in my mother’s friend house
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discuss. In Contracts‚ What is "Consideration"? In order for any contract to be enforceable‚ courts generally require three things: mutual assent (agreement to the contract terms)‚ a valid offer and acceptance‚ and consideration. Consideration in law is one of the three main building blocks of a contract. It can be anything of value‚ which each party to a legally binding contract must agree to exchange if the contract is to be valid. If only one party offers consideration in contract‚ the agreement
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me in doing a lot of Research and I came to know about so many new things. I am really thankful to her. Secondly I would also like to thank my parents and friends who helped me a lot in finishing this project within the limited time. TABLE OF CASES Reid v Rigby‚ (1894) 2 QB 40.......................................................................................................... Weigall S & Co v Runciman & Co. (1916) 85LJKB 187 (CA)...............................................
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Contract closing a method of costing large projects‚ where the contracted work will run over several accounting periods Every organisation will have its own costing system with characteristics which are unique to that particular system. However‚ although each system might be different‚ the basic costing method used by the organisation is likely to depend on the type of activity that the organisation is engaged in. The costing system would have the same basic characteristics as the systems
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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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NSB223 - Case Study This Case Study will be undertaken as a group activity and is designed to deepen your knowledge about mental illnesses‚ and to test your understanding about the nursing care of people suffering from such conditions. It will also assist you to express your ideas through class presentation and in writing. You as a small group of 3-4 students are asked to choose one of the following scenarios and answer the questions listed below. The manner in which you as a group choose to present
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CREDIT SEMINAR REPORT ON CONTRACT FARMING [pic] Submitted to: Submitted By: Dr. Madhu sharma M. Nageswara Rao Associate Professor MBA (AB) 1st year Institute of Agri Business Management Rajasthan Agricultural University Bikaner Rajasthan 2008-2010 CONTENTS 1. INTRODUCTION 1.1. DEFINITION 1.2. BROAD OBJECTIVES
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UcanB007 from liabilities. [pic] The foremost issue pertaining to this case is that of whether the terms of the License Agreement are part of the contract between Ah Siong and UcanB007‚ and hence the enforceability of the terms should Ah Siong decide to sue UcanB007 in contract for his losses. Due to the nature of this case being that of a shrink-wrap license agreement‚ there is contention regarding the point in time when the contract was formed‚ which clearly affects the incorporation of the terms and
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CONSTRUCTION CONTRACTS IAS 11 – DEFINATION IAS 11 defines a construction contract as: a contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design‚ technology‚ and function for their ultimate purpose or use. IAS 11 – TREATMENT Where possible‚ IAS 11 applies the accruals concept to the revenue earned on a construction contract. If the outcome of a project can be reasonably foreseen‚ then
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