Discuss when an agreement is said to be made free consent and what are the effect on the agreement if it is made without free consent. i. Free consent it means an act of assenting to an offer. According to section 13‚ "Tow or more persons are said to consent when they agree upon the same thing in the same thing in same sense." Thus‚ consent involves identity of minds in respect of the subject matter of the contract. In English Law‚ this is called ’consensus-ad-idem’. Contract act sec 14‚ is the which
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Assessment 1: Individual Assignment Question 1 (a) Consideration is one of the four main elements to be present in order to have a legally binding contract. Consideration can be anything of value (such as an item) which each party must agree to exchange for the contract to be valid. For consideration to be sufficient‚ both parties have to have an agreement. If only one party agrees to it‚ then the agreement is not consider a legally binding contract. Something must be given or promise in exchange
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Charlie is going to rescind the contract. He demands return of his money and compensation for the loss of commission on several high profile sales of his business. He wants to rescind the contract because the package of software recommend by Carmine was obsolete‚ despite Carmine’s assurances. This problem is concerned with the contents of the contract which is term in the contract‚ the misrepresentation and unconscionable conduct. Charlie will claim that Carmine verbal assurances about the
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produce a written answer for each of the following problem questions using the ILAC approach and bring your answers in print form to your tutorial class on Teaching week 3. Topics Topics 1 and 2 – Introducing Law and Exercising Legal Skills Your preparation Read Chapters 1-3 of Business Law and attend the Lectures on the first two topics. Problem 1: There are a number of websites devoted to the republic issue. Sites such as that of the Australian Republican Movement (www.republic.org.au) support
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Business Law assignment In early 2013‚ Beauty- a property developer and Stylish- their customer have a contract over a new house in the eastern sector of Singapore. The house was completed in late 2013. Stylish isn’t happy with the contract because blinds‚ curtains and other window coverings were not provided in the new house. In this research paper‚ we will advise and discuss about Stylish’s contractual rights in relation to the window coverings. Firstly‚ we need to see if this contract is valid
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DISTINGUISH BETWEEN SALE AND AGREEMENT TO SELL DOCUMENTS OF TITLE TO GOODS CONDITIONS AND WARRANTIES DOCTRINE OF CAVEAT EMPTOR RIGHTS OF UNPAID SELLER DELIVERY – RULES REGARDING DELIVERY SALE BY AUCTION Introduction Originally‚ the law relating to sale of goods was contained in Chapter VII of the Indian Contract Act‚ 1872. The same was repealed and re-enacted by the Sale of Goods Act‚ III of 1930. Definition (Section 4) A contract of sale of goods is a contract whereby the seller
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since 1991 (Volkswagen‚ 2012). There is a fast development of Skoda in recent years. Its deliveries to customers in 2011 increased by 15.3% compared to 2010 (Skoda‚ 2012). This report aims to： · evaluate the current situation of Skoda in the UK using the SWOT analysis. · analyze the business environment of Skoda in the UK by using the PESTLE analysis in detail. · create the possible strategies for Skoda’s future development based on the analysis. Company Overview With twenty years development
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and could impact public health‚ then it should be escalated to CEO and it is also important to bring it to everyone’s notice. In order to do this‚ Chantale should work towards identifying the damage it has caused to public and the society. In the current scenario‚ getting information across world is not an issue. This will bring in more clarity to Chantale so which she can take an informed decision. In case of non-availability of information on the internet portal or on other websites she could
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Question (a) Identify the principle of law The principles of law relevant to this question are the doctrines of intention and consideration. Explain the rules of law The doctrine of intention is an undertaking by both sides of an agreement to be legally bound either by an informal agreement such as verbal intention to purchase or act‚ or a written document stating intention to purchase or act‚ which could be in the form of a letter or a written statement as compared to a formal agreement
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June 16‚ 2014 Re: Ice Cream Parlor Formation Dear Betty and Betsy‚ I am aware that you are wanting to go into business because of your love of natural ice cream. I would like to discuss with you the various types of business entities that exist and the pros and cons of each. Specifically‚ I will discuss: Limited Liability Company and C Corporations. I have not included the general partnerships‚ limited partnerships‚ or S corporations as one of your choices for various reasons. With the general
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