• Law Questionnaire
    Contract. b) Explain the essentials of a valid contract. 2. a) What is an offer? b) When does it complete? c) Discuss the legal rules of a valid offer. 3. a) What is an acceptance? b) How can an offer be accepted?? c) Discuss the legal rules of a valid acceptance. 4. a) Who...
    Premium 1256 Words 5 Pages
  • Contract Law
    | |Meanwhile Naima receives a call from Tim saying that he has some substantial information regarding the vase but he needs to | |take the money first, which he can only take after the 1 May as he is out of town. Naima decides to hold the reward...
    Premium 3658 Words 15 Pages
  • Doctor
    contract was concluded determines which court has jurisdiction to hear matter b. If there is uncertainty whether or not an offer was revoked before acceptance, the time the contract was concluded is very relevant 2. If parties are in each other’s presence, where and when is contract...
    Premium 5467 Words 18 Pages
  • Common Law A1
    Verification Explain the different types of business agreement and the importance of the key elements required for the formation of a valid contract a Understand the essential elements of a valid and legally binding contract and its role in a business context (1) Apply the rules of offer and acceptance...
    Premium 2486 Words 11 Pages
  • Common Law
    I. The types of business agreements………………….……p3 II. The key elements of a valid contract & the importance of rules of intention and consideration………………….…p3 III. The appropriate legal capacity of the contracting parties.p4 ❖ „Carlill vs Carbolic Smoke Ball Co. “………………………...
    Premium 1818 Words 9 Pages
  • Legal Aspects of Business
    LEGAL ASPECTS OF BUSINESS Q.1) a) Define contract . Explain the different ways by which a contract may be discharged. (15) b)Explain in detail rights of surety. ( 10) Q.2) a) Define contract...
    Premium 832 Words 4 Pages
  • Imp Bcom Final Questions
    and state the exceptions to the rule “No Consideration No Contract. 3. Define Acceptance. State the rules relating to Acceptance. 4. “Agreements in restraint of trade are void. What are its exceptions? 5. What is an offer? State the rules of a valid offer. 6. Discuss the provisions of...
    Premium 1014 Words 4 Pages
  • Business Law
    MALAYSIAN LEGAL SYSTEM 1.Abu arrives at Hotel Safe. Once he steps in the lobby area, he slips and falls as the floor was wet and slippery. There were no warning signs cautioning that thr floor was wet. As a result of the fall, Abu sustained severe injuries and he now wants to commence a legal action...
    Premium 3273 Words 15 Pages
  • business law
    agreements do not contemplate legal relations? 7. .“All contracts are agreements, but all agreements are not contracts” Discuss. 8. What are the essentials of a valid contract? 9. .‘A contact cannot be void ab-initio; only an agreement can be void ab-initio”. Explain. 10. Explain what you understand by...
    Premium 764 Words 3 Pages
  • Exam Notes
    motivation throughout this Endeavour. They played an active role in coordinating the various stages of this Endeavour and spearheaded the publishing work. I look forward to receiving valuable suggestions from professors of various educational institutions, other faculty members and students for improvement of...
    Premium 6704 Words 22 Pages
  • Arbitration
    in a) Different sense and at different time b) different sense and same time c) Same sense and same time d) same sense and different time 3. A valid contract must be a) Agreement, consent from both parties, lawful consideration, between competent parties b) Agreement, consent from both parties...
    Premium 5752 Words 21 Pages
  • Mr B Nameko
    NOTES UNIT-1:- CONTRACT ACT 1Q. Define contract? Discuss the essential elements of a valid contract? (Or) Law of contract is not the whole of law of agreement nor whole law of enumerating the essentials of a valid contract? (or) The parties to a contract in a essence make the law for themselves...
    Premium 47316 Words 170 Pages
  • Theory of Islamic Contract
    the words of the other party (qabul) which constitutes legal implication on the subject matter. In term of sale contract, the contract made by contracting parties is somehow a habitual obligation of humans to be fulfilled in order to make a valid agreement of exchanging goods. As it is stated in the Al-Quran...
    Premium 11232 Words 34 Pages
  • Harmonize Indonesia Law of Contract
    Abstract At the last time there are two things gives influence to Indonesia law of contract, first of all adat law and second Dutch rules. Adat law there are in each tribe or clan living on Indonesia archipelago were governed by their own customary which also included contract law, because...
    Premium 4746 Words 15 Pages
  • Legal Aspects
    MANAGEMENT STUDY GUIDE FOR LEGAL ASPECTS OF PURCHASING PPSM049 © 2008 University of South Africa All rights reserved University of South Africa Muckleneuk Pretoria Original: Ms I Fourie Revised by: Ms Rene Swart Assisted by: Prof JA Badenhorst LEGAL ASPECTS OF PURCHASING STUDY UNIT...
    Premium 31340 Words 99 Pages
  • Module 1 B Law
    UNIT – I ➢ Essential elements of a valid contract. ➢ Essentials of a valid offer. ➢ Essentials of valid consideration. ➢ Stranger to consideration. ➢ “No consideration- No contract” – explain and give exceptions. ➢ Discuss the provisions of law relating to contract by...
    Premium 11667 Words 37 Pages
  • Acc Term
    Unilateral offer: A “unilateral offer” is one which is mode to the world at large or public in general and may be accepted by any person who fulfils the requisite conditions. It is notable that “unilateral offer” can be accepted by one i.e. Acceptance is open for all. Yes. though my understanding...
    Premium 911 Words 4 Pages
  • Analysis and Consequences of Legal Action(S)
    Legal Eagles, LLP November 1, 2011 Analysis and Consequence of Legal Action(s) To: Rebecca Warren On behalf of Team A: Contents ANALYSIS FOR SUCCESSFUL LAWSUIT REPORT 3 Purpose 3 Factual Background 3 Issue 4 Roadmap 4 GROUNDS OF LIABILITY 5 Remedies for Negligence 5 Statutes...
    Premium 5253 Words 16 Pages
  • Law Assessment
    1. Does the silence of a party to an agreement regarding certain facts related to the agreement amounts to fraud? What are the consequences if one of the parties has maintained silence over a material fact of the agreement? Explain with the help of suitable examples. Misrepresentation is one of several...
    Premium 2592 Words 7 Pages
  • Commercial Law Study Guide
    SECTION 1: INTRODUCTION AND GENERAL PRINCIPLES Study Unit 1 Introduction to the course, the study of the subject and to the South African legal system Study Unit 2 General principles of the law of contract SECTION 2: SPECIFIC CONTRACTS Study Unit 3 The contract of purchase and sale ...
    Premium 49430 Words 166 Pages