PRIVITY AND THE LAW ON SALES OF GOODS 9 Contracts Concerning Land 10 PRIVITY AND THE LAW ON HIRE PURCHASE 10 QUESTION 2 11 Analysis of the case to establish formation of contract 12 Was Mike obligated to sell furniture to Nilam 13 Nilma’s Rights and remedies against Mike 13 Remedies 14 1. Rescission of Contract: 14 2. Suit for Damages 14 Specific performance 16 Compensation for loss of profit 16 REFERENCE 17 QUESTION -1 The Doctrine of Privity A contract is an agreement between two or more
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attempting to enforce. A. Definition: Contract law is an enforcement of a single promise‚ not an agreement at whole. a. Contract law is state law. It is common law by default‚ unless a statute has been passed covering the issue. Right to contract is guaranteed primarily by common law and some statutes‚ NOT by the constitution. Our law does not recognize any natural right to freedom of contract or economic activity. B. Sources of Contract Law b. Common Law: applies if the UCC
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The Big Bang theory is the prevailing cosmological model for the early development of the universe.[1] The key idea is that the universe is expanding. Consequently‚ the universe was denser and hotter in the past. Moreover‚ the Big Bang model suggests that at some moment all matter in the universe was contained in a single point‚ which is considered the beginning of the universe. Modern measurements place this moment at approximately 13.8 billion years ago‚ which is thus considered the age of the
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Too big to fail? In this essay I will be addressing the “Too Big To Fail” (TBTF) problem in the current banking system. I will be discussing the risks associated with this policy‚ and the real problems behind it. I will then examine some solutions that have been proposed to solve the “too big to fail” problem. The policy ‘too big to fail’ refers to the idea that a bank has become so large that its failure could cause a disastrous effect to the rest of the economy‚ and so the government will
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Summer AP World History The Case for Big History “Big History” should be the prevailing way of to how we view history. “Big History” includes more than just human history‚ but also ranges from the creation of earth (the big bang theory) to how history has an effect on us today. It includes information about our world‚ universe and all things leading up to this very day. History is a crucial must‚ if we are to understand our world. If we know things of the past on a larger time scale‚ we may
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Big Bazaar From Wikipedia‚ the free encyclopedia |Big Bazaar | |pImage:Big bazaar logo.jpg | |Type |Public | |Industry |Retailing | |Founded |2001 | |Headquarters |Mumbai‚ Maharashtra
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Racial Contract is a deliberate and essential piece of the Social Contract‚ and then prejudice is as yet the true practice and belief system among political and monetary establishments around the globe which are ruled or impacted by individuals from the tribes of Europe. The asserted advances in racial balance are just shallow "window-dressing" to give the presence of advance; however‚ in actuality‚ they just fill in as token motions to respite minorities into an incorrect conviction that all is
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Main objective of the study The main objective of our research is to find out how to improve the ticket sales of Big Cinemas. For this purpose we analyzed both internal and external environment of big cinema. We also determined the strength and weakness of it in comparison to its competitors. We have considered various factors to find out whether ticket sales can be increased or not. Some of the factors are as follows: • Ticket price • Location • Parking facilities • Seat capacity
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Mills v Cth The offer must be in exchange for the other party’s consideration (quid pro quo). If it isn’t it is more likely a gratuitous promise Seppelt & Sons v Commissioner The use of the word “offer” is not conclusive Carlill v Carbolic An offer can be made to the whole world. Unilateral offers may require communication of the acceptance after the consideration Felthouse v Bindley Silence is not acceptance Empirnall Holdings v Machon Where an offeree‚ with a reasonable opportunity to reject the
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Intro and formation of contracts . Basic Legal Contract Principles People have a right to contract – conduct is voluntary. Anything that takes away voluntariness is questionable‚ e.g.‚ duress‚ economic duress‚ fraud‚ coercion. People have right to breach. But must place other party in the same position for which they contracted‚ so must pay them damages. If legal remedy does not work and P is entitled to be placed into performance‚ then must order specific performance. Specific performance
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