contract is that the parties entering the contract are those who have the competency to contract. This is based on section 10 (1) of the Contract Act 1950 which states: “All agreements are contracted if they are made by the free consent of parties competent to contact‚ for a lawful consideration and with a lawful object‚ and are not hereby expressly declared to be void.” Competency refers to the capacity of being an adult‚ having a sound mind and not forbidden by law to enter any contract (e.g‚ bankruptcy)
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WIN – WIN OUTCOME UNDER Appropriate Dispute Resolution (ADR) Prepared by: Yohannes Tesfaye Keleta ID. No. CLG/UD/0109/01 E-mail yohannestesfaye42@yahoo.com Advisor: Zelalem Debebe Submitted:- In fulfillment of the requirements for the L.L.B. Degree at the Faculty of LAW Mekele University November‚ 2013 Acknowledgement I would‚ whole heartedly‚ thank Librarians Behailu‚ Shewaye‚ Zelalem and all staff members at Addis Ababa Law
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There are many different legal requirements when travelling a horse‚ this is to ensure the horses are kept safe at all times. This includes no one shall transport an animal in a way that they are going to be injured‚ journeys time have to be kept to a minimum and the animals must be fit to travel to make sure they do not hurt themselves. This means that a horse shouldn’t travel if they are ill (unless a qualified vet has given permission)‚ fatigued or if a mare has given birth to a foal during the
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jurist‚ because English Law is the legal system of England and Wales and is the basis of common law legal systems used in most Commonwealth countries and the United States except Louisiana. And also the essence of English common law is that it is made by judges sitting in courts‚ applying their common sense and knowledge of legal precedent (stare decisis) to the facts before them. The legal system and method is designed to provide a clear explanation of the english legal system and how it works in practice
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INTRODUCTION A Shareholders’ Agreement is an agreement amongst the shareholders of a company. When a company is created‚ its founding shareholders determine how a company will be owned and managed. The Shareholders’ Agreement establishes rules to govern the relationship between two or more owners of a company. Without a shareholders’ agreement in place‚ the rules that apply are in the applicable corporate statute. The shareholders’ agreement creates an overlay that addresses issues created or left
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ON STRATEGIC CAPACITY PLANNING Submitted to Submitted By‚ Prof. J.P.RATH Md Sarfaraz Khan 15320 WHAT IS CAPACITY PLANNING? Capacity can be defined as the ability to hold‚ receive‚ store‚ or accommodate; a measure of an organization’s ability to provide customers with the demanded services or goods in the amount requested and in a timely manner. Capacity planning is the process of determining the production capacity needed by an organization
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information: Tutor Agreement has been revised as of 2012/02/27 (Revision of Section 9.2.1.a)‚ Tutor Agreement version 2.3 Tutor Agreement has been revised as of 2012/01/09 (Revision of Section 4‚ Article 8.5‚ and 4.8.5a)‚ Tutor Agreement version 2.2 Tutor Agreement has been revised as of 2011/10/25. (Addition of 9.3) Agreement OF RAREJOB ONLINE ENGLISH TUTORIAL SERVICES 1. INTRODUCTION The RareJob English tutorial service is an online tutorial service that RareJob‚ Inc. ("RAREJOB"‚ "FIRST PARTY") is offering
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Trade agreements are a wide ranging tax‚ tariff and trade treaties that often include investment guarantees. The most common trade agreements are of the preferential and free trade types and are concluded in order to reduce (or eliminate) tariffs‚ quotas and other trade restrictions on items traded between the signatories. General Agreements of Trade and Tariff (GATT) A treaty was created following the conclusion of World War II. The General Agreement on Tariffs and Trade (GATT)‚ which was a
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tireless minority... ~ Samuel Adams. Why is the Boston Tea Party important? The Boston Tea Party was important because it showed the American colonies had grown tired of no taxation without representation by the British. When the East India company was allowed to sell tea directly to America‚ the British insisted the tax be paid on it. This resulted in the dumping of tea cargoes into Boston Harbor. In this essay about The Boston Tea Party questions will be answered‚ the truth will be told and history
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1.A contract to be legally valid‚should meet 3 essential elements‚which would be examined by a court as evidence of any contract.These main pre-requisites are ‚ ● The agreement must have an offer and an acceptence: a contract is a bilateral agreement between two or more parties. So when the offeree accepts the offer for a consideration made by the offeror‚ it becomes a contract. eg:-Carlill v Carbolic Smoke Ball Company [1893] Eg:James promises
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