A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and
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Government Contracting Corruption‚ what is it and why does it seem to flourish in the world of business and in particular government contracting? Corruption as defined by Webster’s dictionary is a lack of integrity or honesty (especially susceptibility to bribery); use of a position of trust for dishonest gain (“corruption‚” 2010). All over the world there are stories of corruption from money laundering‚ unfair awarding of contracts‚ bribery‚ and even espionage. Procurement and contracting seem to
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Microorganisms as Pathogens To be considered a pathogen it must: Gain entry Colonise the tissues Resist the defences Cause damage to the tissues Pathogens include bacteria‚ viruses and fungi How do microorganisms enter the body Many pathogens enter through the gas exchange system (including ones that cause flu and TB) Food and water can carry pathogens into the stomach and intestines via the mouth and into the digestive system (including ones that cause cholera) Preventing
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Introduction 1a. Different Types of Business Agreements A business agreement is a formally drawn written document or oral promise between two or more parties that details a particular business venture. A typical business agreement specifies details such as cost of goods sold‚ the product or service required‚ milestones‚ insurance‚ and work completion deadlines. Unilateral Agreement A unilateral agreement or contract is a legal binding one in which one party undertakes a promise without securing a similar
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A contract is an agreement between two or more parties to perform a service‚ provide a product or commit to an act‚ and is enforceable by law. There are several types of contracts‚ and each have specific terms and conditions. All contracts‚ whether verbal or written‚ must include specific components that will make them legally enforceable in a court of law. If any of the components are missing‚ the courts will consider the contract unenforceable. To be enforceable‚ a contract must be legally valid
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question‚ I will explain the difference between subjective and objective views of agreement. Identify which is used in English Law and why? Examine the relevant theories applicable to objective views on agreement. Look at the types of evidence that are used to make objective assessments and finally identify any exceptions to rule. When determining whether an agreement exists between parties we must look at the intentions of each party. It is possible to analyse the intentions of parties from either
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deteriorate because of it. 2. Although Jan appears to be underweight‚ she is afraid of becoming fat and consistently restricts her food intake. Although Gene appears to be overweight‚ he enjoys eating and always seats as much as he wants. Explain how their different reactions to food might result from (a) differences in their inner bodily states and (b) different in their reactions to external incentives? Jan is clearly showing early symptoms of anorexia nervosa. Anorexia nervosa is an
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built on the doctrine of Stare Decisis ("stand by decided matters")‚ which directs a court to look to past decisions for guidance on how to decide a case before it. This means that the legal rules applied to a prior case with facts similar to those of the case now before a court should be applied to resolve the legal dispute. The use of precedent has been justified as providing predictability‚ stability‚ fairness‚ and efficiency in the law. Reliance upon precedent contributes predictability to the
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SECTION 2: THE AGREEMENT An agreement is the essence of every contract. The parties to a contract are the offeror (who makes an offer) and the offeree (to whom the offer is made). If‚ through the process of offer and acceptance‚ an agreement is reached‚ and the other elements are present (consideration‚ capacity‚ legality)‚ a valid contract is formed. KEY VOCABULARY Material: Subject (matter): Offeror: Offeree: Firm offer: Party (parties): Revoke: Entitled: Disclaim: WARM-UP QUESTIONS:
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Binding Precedent The English Legal System is hierarchical whereby the decision of a higher court binds lower courts. The doctrine of binding precedent‚ stare decisis‚ (stand by things decided) is at the core of the legal system. The Superior Court is at the top of the legal pyramid and its decisions bind all lower courts‚ except on civil cases involving European law where the European Court of Justice is the court of last resort. Below the Superior Court‚ we have the Court of Appeal‚ and it is
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