"Explain the importance of the essential elements required for the formation of a valid contract" Essays and Research Papers

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    concerning the Womble Shale Formation. The Womble Shale Formation is located in Arkansas‚ the Ouachita Mountains‚ and Southern Oklahoma; it was named however for its outcrop seen in Norman‚ Arkansas (Used to be known as Womble‚ Arkansas). The age of the Womble Shale Formation has been correlated to Middle Ordovician in age due to fossils found within its shale and limestone layers. The two fossils found in these layers were the graptolites and conodonts. The lithology of this formation from outcrops that

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    Elements of Safety

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    Elements of Safety Management & System Subhadip Manna 1. What are the Regulatory Agencies/Authorities having control over petroleum Industry? • • • • • • • • • • • • Following is the list of various regulatory/statutory agencies having jurisdiction over the petroleum industry. Central Pollution Control Board ( CPCB)‚ under the Minist ry of Environment and Forest Respective State Pollution Control Board‚ under the Ministry of Environment and Forest of The State Chief Inspector

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    The Forest Hill Formation

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    Forest Hill Formation is a geological area that mainly stretches from west-central to southeastern Mississippi‚ but thins right at the border of and barely touches Clarke County‚ Alabama (Echols‚ et al.‚ 1893). Geologist Ephraim Nobel Lowe originally proposed the name Madison Sands for this formation‚ due to the fact that he had studied it in Madison County‚ Mississippi. The name was later changed to Forest Hill by Charles Wythe Cooke. The Forest Hill Formation overlies the Red Bluff Formation in eastern

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    Is Wikipedia a Valid Academic Resource? Wikipedia is considered a free encyclopedia that was created by the community that uses it and according to Wikipedia founders‚ “it is a special type of website designed to make collaboration easy”. Is a website that is always changing as is always being improved by its users‚ many of the changes occurs hourly (Wikipedia: Introduction‚ 2014). So what does that mean to the academic student? Who is this community? According to the Wikipedia website‚ anyone

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    1.0 INTRODUCTION TO CONTRACT MANAGEMENT A contract is an agreement having a lawful object entered into voluntarily by two or more parties‚ each of whom intends to create one or more legal obligations between or among them. The elements of a contract are "offer" and "acceptance" by "competent persons" having legal capacity who exchanges "consideration" to create "mutuality of obligation. i.e. 1. Offer and Acceptance 2. Competent Persons 3. Consideration 4. Mutual Obligation 5. Lawful

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    Law of Contract

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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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    I do believe that a person can persuade others of a valid argument using emotions. As long as the person have valid facts. Their emotions can help them persuade others about the topic that they  are very passionate about. Kent did show some emotions in his speech‚ but he did not have any valid facts.  I do believe that does help if you can understand fallacies. I watched the video before I read the chapters and I felt like I was just listening to someone trying to change the way I understood life

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    What are the defenses to a breach of contract? If someone is accused of breach of contract‚ there are a number of defenses available to argue that a contract should not be enforced. If any of the basic contract elements are missing‚ or if the contract was made with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability

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    Forward Contract

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    To what extent does a currency forward contract need to play a formal role in multinational companies? A globalisation has risen over the last 20 years. Because of this factor‚ international markets have increased rapidly‚ therefore a large number of companies have been particularly interested in global operatings‚ such as‚ export trade‚ import trade‚ overseas sales (Moosa‚ 2003). A subsequent significant trouble looming large for

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    Contract of Law

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    CONTRACT OF LAW Contract can be defined as ‘an agreement enforceable by law’. In other words‚ a contract is an agreement made between two(2) parties or more which is legally binding between the parties. There are six (6) basic elements in the contract : 1. Offer refers to a proposal that is capable of being converted into an agreement by its acceptance. Section 2(a) of Contract Act 1950 provides that when a person signifies another his willingness to do or to abstain from doing anything‚ with

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