Part 1 THE FORMATION OF A CONTRACT There are five basic requirements that need to be satisfied in order to make a contract: ● An agreement between the parties (which is usually shown by the fact that one has made an offer and the other has accepted it). ● An intention to be legally bound by that agreement (often called intent to create legal relations). ● Certainty as to the terms of the agreement. ● Capacity to contract. ● Consideration provided by each of the
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2. Describe how these three branches are supposed to interact. The three forms of government‚ the Legislative‚ the Executive‚ and the Judicial branches interact with each other through the system called‚ check and balance. Check and balance allow the feral branches to check on one another to ensure that each branch has equal power over their citizens’ rights. This eliminates a branch from consuming too much power and becoming more dominant than the other branches. Each Branch is given their own specific
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paid for‚ the tribunal of fact may hold that the offer was accepted according to its terms. Butler Machine Tools v Ex-Cell-O The acceptance must correspond to the offer; otherwise it is a counter offer Bressan v Squires Whenever postage is indicated as the delivery and it has been posted properly‚ acceptance is at the moment of postage. R v Clarke Unless the offeree completes the conditions of a (unilateral) offer in reliance (not just mere knowledge) of them there is no acceptance Dickinson v Dodds
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“Freedom is never more than one generation away than one generation away from extinction. We didn’t pass it to our children in the blood stream. It must be fought for‚ protected‚ and handed on for them to do the same.” Reflecting on Ronald Reagan’s quote of freedom and Slavery one might wonder how all of England’s North American colonies allowed slavery till the late 1700’s. Researching the southern middle and New England colonies one can identify the similarities and differences within the justification
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The Differences and Similarities of “Say All I Need” and “Two is Better Than One” I think all of us have favorite songs‚ and I guess all kinds of songs have differences and similarities. I have many favorite songs‚ especially romantic songs. The first song is “Say All I Need” and the second song is “Two is Better Than One”. I choose the two songs because the word choice is easily understood and I can enjoy the music. So‚ do you know about the two songs? And who is the singer? I suppose you know
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Although the IASB and FASB have been striving since 2002 to achieve convergence‚ there are still many differences between the two. These differences range from revenue recognition to the matter in which the organizations receive funding. Under the IASB‚ the accrual method is the only preferred way of recognizing revenue and expenses. While FASB accepts cash basis and accrual basis; cash basis is only accepted if cash sales are less than $5 million per year. When it comes to generating funds the IASB
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there is equal power between the government and the people. Our government is divided into three branches: legislative‚ executive‚ and judicial. We can find information on these federal branches in the United States Constitution. We find information on the state level of these branches in our Minnesota Constitution. Our government at the state and federal levels have many similarities along with differences. The legislative branch in both levels are government are not as similar as they may seem
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matter: "Material nature and the living entities should be understood to be beginningless” and also‚ from the Rig Veda: ‘There was neither non-existence nor existence: there was no realm of air‚ no sky beyond it’ - Instead they believe that the sacred sound ‘Om’ (a symbol of Brahman) was the first sound of creation. There was always something before creation‚ as it is an impossible notion to assume that anything can come from nothing. Brahman (the one ultimate reality) is believed to have 3 functions
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Nature and Classes of Contracts Deepinder Grewal July 17th‚ 2015 MAN 224 CollegeAmerica Fort Collins Dr. George Ackerman Nature and Classes of Contracts The provision that the law allows if a party to the contract fails or refuses to perform it is the breach of contract. A breach of contract is defined as failing of one or more parties to implement the obligations assumed under the contract (Ashcoft & Ashcoft‚ 2010). It can allow the other party to take an action against them
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Essential Elements of Contract Contract represents the instrument to enforce promises. Not all statements amount to enforceable promises or contracts. To enforce statements there are a number of elements which courts look for and these mainly include the presence of offer‚ its communication‚ its unconditional acceptance and communication of the acceptance. Once this has taken place then the element of consideration gives the badge of enforceability to the contract and the contract is then enforceable
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