Payment‚ similar to consideration‚ is one of the four elements of a contract. Consideration is something of value in a contract or agreement between two parties. Both parties must be providing something of value to the other party. It is an act or promise to do (or not to do) something in return for value and the value given is enforceable. All the law need is ‘valuable consideration ’. For example‚ if Jack has offered to pay S$10 for a hammer worth S$100‚ that is considered valuable consideration
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JEAN-JACQUES ROUSSEAU on THE SOCIAL CONTRACT An Analyses Paper In Partial Fulfillment of the Requirements of Philosophy 4: Socio-Political Philosophy; for the Second Semester of the School Year 2013 Saint Louis University Submitted by: ALLAYANS‚ Jy-ar ABRIL‚ Jover ADA-OL‚ Zhareth BAUCAS‚ Stephanie L. NADIAHAN‚ Maureen WACDAGAN‚ Jona MACEDA‚ Janet NANGLEDAN‚ Rescilyn POCOPIO‚ Maydee CORPUZ‚ Anne Bernadette Submitted to: MR. DON G. DE GUZMAN Faculty/ Instructor Department
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Formation of Contract 2 Offer ............................................................................................................... 2 Acceptance ................................................................................................... 4 Certainty ........................................................................................................5 Consideration ............................................................................................... 6
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Nervous Conditions Summary Nervous Conditions Summary The narrator‚ Tambudzai‚ Tambu for short‚ begins this story at the end: "I was not sorry when my brother died." That happened in the year 1968‚ and the first chapter sets the context for that event. In anecdotal style‚ Tambu looks back at the year 1965‚ when her father decided that Nhamo‚ Tambu’s older brother‚ would go to the mission school and live with Babamukuru‚ Tambu’s uncle. She remembers how her father was always grateful for the
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The activity of an Enzyme is affected by its environmental conditions and changing these factors can alter the overall rate of the reaction. Reaction rates are influenced by external factors such as pH‚ temperature and salt concentration. Different enzymes have different optimum temperatures in which they are most efficient and different pH levels which is ideal for their formation of enzyme-substrate complexes. As the temperature increases‚ there is more movement of molecules and more random collisions
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unknowingly enter into series of contracts. This may be in the form of purchasing an article from a shop or by purchasing a railway ticket or by numerous ways. In modern societies‚ because of increasing complexity‚ there has been a practice of concluding contracts in standard form. One such instance of a standard form of contract is contract of insurance. Thus‚ standard form of contracts are those kinds of contracts were parties do not sit together to bargain the terms of the contract. One problem that is likely
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THE SOCIAL CONTRACT THEORY The theory is as old as philosophy itself. It is of the view that persons’ moral and/ or political obligations are dependent upon a contract or agreement among them to form the society in which they live. The theory of a social contract is therefore a hypothesis explaining how society originates as well as the presumed relationships between its members‚ how they incur responsibilities and their rights. Early proponents of the social contract theory include; - Socrates
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What is Contract Farming ? Contract farming arrangements of different types have existed in various parts of the country for centuries for both subsistence and commercial crops. The commercial crops like sugarcane‚ cotton‚ tea‚ coffee etc. Have always involved some forms of contract farming. Even in the case of some fruit crops and fisheries‚ contract farming arrangements‚ involving mainly the forward trading of commodities have been observed. However‚ in the wake of economic
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The Elements of Short Story: A Worn Path Laura Logan ENG125: Introduction to Literature (AFG1301A) Instructor: Carla McGill January 14‚ 2013 Can you tell me what the word theme means in a short story? According to Clugston (2010) The theme in a piece of literature is not a summary of the plot; it is not a statement about a dominant impression or mood; it is not a moral or proposition; it is not the attitude of the writer. The
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DR AMBER v MAGGIE Selwyn Selikowitz Group No: 3613 Advice has been sought as to whether or not Dr. Amber has an enforceable contract with Furniture Comfort‚ and whether she is entitled by law to buy the couch at the discounted price. In order to address the issue‚ one needs to start by examining each of the four essential elements for contract formation: agreement‚ consideration‚ certainty and an intention to create legal relations.[1] 1. NEWSPAPER ADVERTISEMENT The newspaper advertisement
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