Chapter 9 : Formation of Traditional and E- Contracts Contract Law must provides rules to determine which contract terms will be enforce and which promises must be kept.…
PowerPoint Slides to Accompany BUSINESS LAW E-Commerce and Digital Law International Law and Ethics 5th Edition by Henry R. Cheeseman Chapter 9 Nature of Traditional and…
LAW OF AGENCY (Introduction) A person who has capacity to contract may enter with another (third party) (1) Either by himself. (2) Or, through another person (agent) when…
CAPACITY TO CONTRACT UNSOUND MIND One of the essential conditions of competency of parties to a contract is that they should be of sound mind. Section 12 reads as follows…
The Law of Contract Formation of a valid contract Consensus ad idem (‘meeting of minds’) Definition of a contract: “[A]n agreement between two or more parties which…
Business Law – Chapter 1: Law of Contract/Agreement MBA II Semester I G. Manhangwe R890800P CHAPTER 1 LAW OF CONTRACT/AGREEMENT 1.0 Introduction The heart of a contract…
1. ESSENTIALS OF A VALIDCONTRACT 2. As per Section 10 of Indian ContractAct “All agreements are contracts if they are made bythe free consent of the parties, competent…
Slide 1Chapter x (Secs. 182 to 238) of the Indian Contract Act, 1872 Slide 2 4- 1 DEFINITION OF AGENT AND PRINCIPAL An AGENT is a person employed to do any act for another…
Slide 12/12/2014BUSINESS LAW (Ms. Hawkins)1 CHAPTER 20: CREATION OF AGENCY Chapter 20 presents an overview of how agency is created and the types of authority an agent can…