A contract is a "promise" or an "agreement" that is enforced or recognized by the law‚ whether implied or expressed. There must be an agreement‚ which consists of an agreement‚ an intention to create legal relations‚ and consideration. A contract is said to come into existence when acceptance of an offer has been communicated to the offerer by the offeree. An offer is an expression of willingness to contract on certain terms‚ made with the intention that it shall become binding as soon as it is
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the tasks to be done with much passion. Thanks you consideration and I am available for an interview at your convenience. Please find enclose a copy of my Curriculum vitae. fngjbdfngjdfkmfgksllkdfjsjkfhbjngjntkhgmnfghdfkhgthtyjhnujyu- jyjytjhyjjfg I am a quick learner and I take the job at hand very seriously. If given the opportunity to work with your organization I would take the tasks to be done with much passion. Thanks you consideration and I am available for an interview at your convenience
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Q.B. should be applied to all cases involving part – payment of debt. The question also requires the analysis of the law in relation to whether pre-existing contractual duty can amount to good consideration. In order to answer the question fully‚ it will be necessary to look at two areas of consideration in particular: part payment of a debt and performance of existing contractual duties. Before addressing the two concepts above‚ a brief overview of the facts of Williams v Roffey Bros. & Nicholls
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not consider what leaders do in a group setting Consideration is the extent to which a leader is approachable and shows personal concern for employees-friendly and considerate. Initiating structure is the degree to which a leader concentrates on group goal attainment>clearly defines and organizes his role and role of followers‚ stresses standard procedures‚ schedules work to be done‚ and assigns employees tasks.. Research shows that consideration and initiating structure both contribute positively
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MAKE OR BUY Management decision should be based on careful consideration of all the factors‚ including implication as regard to tax liability. Keeping view various tax implications that are relevant while taking some specific management decision under different provision of Income tax Act have dealt with: Make or Buy: One of the vital investment subject to the influence of tax factor is “Make or buy decision”. Most of the companies have to decide sometimes or the other whether they should buy a
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[pic] BUS 201 Contract Law & Agency Law Group-Based Assignment Group Members PI No Lua Lee Hui M0902119 Mohamed Idris Gurney K0901115 Ng Kong Yuan David M0901042 C O N T E N T S P A G E Question 1 3-9 Question 2 10-13 Question 1 14-16 References 17 Question 1
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materiality are made in light of surrounding circumstances‚ and are affected by the size or nature of a misstatement‚ or a combination of both; and judgments about matters that are material to users of the financial statements are based on a consideration of the common financial information needs of users as a group.??? Materiality is modified by segment in response to differences in anticipated errors and risks by segment. Consider the following unrecorded liabilities: An understated provision
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businesses to continue development and improvement of the product and the services that they offer‚ this doesn’t only benefit the company but also the customers. The key elements of a contract are offer‚ followed by an acceptance‚ together with consideration and capacity. Offer- is an expression of willingness to contract on specified terms‚ made with the intention that is to become binding as soon as it is accepted by the person to whom it is addressed. The party who makes an offer is known as the
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concerning laws. The English contract Offer and Acceptance General principles There are three basic essentials to the creation of contract which will be recognised and enforced by the courts. These are: contractual intention‚ agreement and consideration. The Definition of Offer. This is an expression of willingness to contract made with the intention (actual or apparent) that it shall become binding on the offeror as soon as the person to whom it is addressed accepts it. An offer can be made
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What are the primary internal organization considerations for the development of a strategic plan? Which consideration is the most important? Why? Strategic planning is the process followed by an organization in which it defines its strategies and makes plans for proper allocation of its available resources to achieve its objectives. While developing a strategic plan‚ it is essential to consider the various internal organizational factors in order to help the plan succeed. The internal organizational
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