contract is a legally binding agreement. Stated another way‚ "a contract is a promise or a set of promises for the breach of which the law gives a remedy‚ or the performance of which the law in some way recognizes as a duty." (Restatement‚ Contracts‚ 2d) study hint. The essence of a contract is that (1) by mutual agreement (2) parties create obligations that can be legally enforced. 2. ELEMENTS OF A CONTRACT Elements of a valid contract are: (1) an agreement; (2) competent parties; (3)
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MORTGAGE AGREEMENT THIS MORTGAGE AGREEMENT made and entered into this _____ day of July‚ 2012‚ by and between MRS. FEDERINA BALANAY QUINAY‚ the legal spouse of the late Mr. Federico C. Quinay‚ Sr. whose address is at Brgy. Luinab‚ Iligan City‚ hereinafter referred to as the “Mortgagor”; and MRS. AUDI QUINAY LIQUINGAN‚ the legal spouse of Mr. Menard Q. Liquingan whose address is at Ineangan‚ Dupay Del Norte‚ Nueva Vizcaya‚ hereinafter referred to as the “Mortgagee”. WHEREAS‚ the Mortgagor owns
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LEASE AGREEMENT This lease agreement‚ is made on the day of December 21st‚ 2012. Alectra Ltd. Company‚ incorporated under the relavant law of Bangladesh‚ having its registered office at house no. 96/1‚ Road no.15‚ Gulshan‚ Dhaka. (hereinafter referred to as “lessor”) Muktadir Khan‚ son of Faysal Khan‚ having his permanent address at house no. 46/2‚ Alauddin Road‚ North Badda‚ Dhaka. (hereinafter referred to as ‘leasee”) WHEREAS‚ the leasee is a company‚ carrying a business of electronic goods
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Team Project Contract-Lease Assignment This Residential Lease Agreement (hereinafter “Lease”) is entered into this the 10-01-11‚ by and between the Lessor: George Murphy‚ (hereinafter referred to as “Landlord”)‚ and the Lessee(s): Benjamin Potter for the Potter Corporation. All Lessees (hereinafter referred to collectively as “Tenant”)‚ are jointly‚ severally and individually bound by‚ and liable under‚ the terms and conditions of this Lease. 1. GRANT OF LEASE: Landlord does hereby
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The four agreements -by Don Miguel Ruiz Don Miguel Ruiz was born into a family of healers and raised in rural Mexico by a curandera (healer) mother and nagual (shaman) grandfather. The family anticipated don Miguel would embrace their centuries old legacy of healing and teaching and as a nagual‚ carry forward the esoteric Toltec knowledge. Instead‚ distracted by modern life‚ don Miguel chose to attend medical school and later teach and practice as a surgeon. Don Miguel began teaching in the United
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TREATY AND 1997 KOSI STUDY AGREEMENT Dr. AB Thapa Summary: The 1966 Revised Kosi Treaty is a landmark treaty entitling Nepal absolute right to use the entire water of the Kosi in whatever way Nepal pleases. The amendment of the Kosi treaty from 99 to 199 years solely serves Nepal’s interest. There is no justification in blaming King Mahendra for this amendment to 199 years. The 1997 Kosi Study Agreement has paved the way for implementing
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Introduction: The Agreement on Agriculture is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade‚ and entered into force with the establishment of the WTO on January 1‚ 1995. The Agreement on Agriculture is one of the two main sectoral agreements in the Uruguay Round Agreements that provides the specific rules in the liberalisation of agricultural products. The other one is the Agreement on Textiles. As
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The fifth agreement is a way of self-evaluation and extra worries. The author of the novel is don Miguel luiz. He describes different processes that we go through throughout our journey from being young to old‚ different agreements that we make with ourselves. Awareness‚ symbols‚ truth‚ doubt‚ belief‚ dreams are some of the concepts that the author discusses throughout the novel. When we are born we are here convey a message to the world‚ the message is us. We are the angles‚ the messenger. The
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Arbitration Agreement between the parties prior to the emergence of the dispute. As per Section 7‚ such an agreement must be in writing. The contract regarding which the dispute exists‚ must either contain an arbitration clause or must refer to a separate document signed by the parties containing the arbitration agreement. The existence of an arbitration agreement can also be inferred by written correspondence such as letters‚ talex‚ or telegrams which provide a record of the agreement. An exchange
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Democracy: Confusion and Agreement Democracy was established and implemented within the terms of a theology of politics. History is a relevance that is consistently and authoritatively affirmed in many corporate and individual official acts of the three branches of government. The purpose of the democracy is abundantly evident in vigorous traditions that are carried on by every incumbent of the presidential office. Citizens have an active role of participating in the selection in voting for
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