offer‚ this request did not revoke the original offer. The second letter of Chiu Chor had also sent out to Hei Lau to agree to buy the car for HK$85‚000 within the week that is an acceptance of the offer‚ however‚ the letter was lost in the post. Under the postal rule‚ an acceptance made by posting a letter is effective when it is posted (with prepaid stamp and proper address) even if it is delayed/lost in the post or never reaches the addressee (offeror). The postal rule was set out in Adams v
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Consideration In contract law consideration is concerned with the bargain of the contract. A contract is based on an exchange of promises. Each party to a contract must be both a promisor and a promisee. They must each receive a benefit and each suffer a detriment. This benefit or detriment is referred to as consideration. Consideration must be something of value in the eyes of the law - (Thomas v Thomas). This excludes promises of love and affection‚ gaming and betting etc. A one sided promise
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MGT320 5/19/2012 Conversion under Tort Law The layman’s definition for conversion is basically considered theft; according to our text “whenever a person wrongfully possesses or uses the personal property of another without permission” is considered conversion…..”deprives an owner of personal property or of the use of that property without that owner’s permission”. On March 28 of this
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Chanakya National Law University‚ Patna VIIIth- Semester Project Topic Subject:-Corporate Law-II Roll No. Project Topic 201 Methods for formulation of corporate Restructuring strategies 202 Provisions under Tax Laws for Reverse Merger 203 Scope and jurisdiction of court in amalgamation and merger 205 Modes of Demerger 206 Reverse Merger – A case study 207 Human aspect issues in mergers and acquisitions 208 Human aspect issues after mergers and acquisitions
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Introduction Consideration is one of the essential elements for a formation of a contract.1 According to Lord Pollock’s definition of consideration which is an act or forbearance of one party‚ or the promise thereof‚ is the price for which the promise of the other is bought and the promise thus given for value is enforceable.2 Besides that‚ consideration must be something of value given or promised in exchange for the promise given by the other party in order for a valid contract to be formed.3
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Chikkam Ammiraju And Ors. vs Chikkam Seshamma And Anr. (1917) 32 MLJ 494 Issues 1. Whether threat to commit suicide which is not punishable under Indian penal code would constitute Coercion 2. Whether threat by a person not party to a deed would result in negating the free consent 3. Whether mere prejudice or injury to sentiments result in coercion and undue influence. For better understanding of the topic refer to; Section 14‚ 15 and 16 of Indian Contract Act (Pages 38-47 of
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INHERITANCE UNDER HANAFI LAW CONTENTS AKNOWLEDGEMENT……………………………………………………..2 RESEARCH METHODOLOGY……………………………………………3 CONTENTS………………………………………………………………….4 I. INTRODUCTION…………………………………………………………...5 GENERAL PRINCIPLES ………………………………………………….6 a. UNDER HANAFI LAW II. III. DEFINITION………………………………………………………………..8 INHERITANCE UNDER …………………………………………………10 a. HANAFI LAW IV. V. CONCLUSION…………………………………………………………….26 VI. BIBLIOGRAPHY………………………………………………………….27 4|Page I. INTRODUCTION. The law of succession
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CHAPTER 2: EFFECTS DOCTRINE UNDER EU‚ US AND INDIAN LAWS. Under the Effects Doctrine‚ a State may assume jurisdiction when an act is committed in another State‚ by citizens or companies of other states‚ has effects in the former. This was accepted by the Permanent Court of International Justice in the S.S.Lotus case. Back in 1909‚ in the case of American Banana Co. v. United Fruit Co.‚ all the acts complained of were committed outside the territory of the United States‚ including the defendant’s
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Courts Presented by: Mugangu Marie Providence Faculty: Law Year: 4th year/ 2nd semester Reg. No: 1016393 Unit code: CLS 413 Lecturer: Mr. Dunstan Omari Date due: 14th March‚ 2013 I. INTRODUCTION The Best interest of the Child is a concept that has now gained international recognition and has been incorporated not only in international instruments1 but also in domestic laws of several countries. Children like women originally had more or less
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ESSAY PLAN Assignment Topic Semester Two 2013 ‘Consideration does not have to be adequate or commercially realistic‚ nor does it need to be expressed in monetary terms‚ it merely needs to be “sufficient”.’ Discuss the accuracy of this statement. Your answer should include a detailed explanation of “nominal” consideration and “sufficient” consideration and how these legal concept interact in situations like that in Williams v Roffey Bros & Nicholls (Contractors) Ltd [1991] 1 QB 1
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