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Business Lecture 3

Slide 1 OFFER AND ACCEPTANCE Learning What is an offer and Acceptance? Legal rules as to offer and acceptance Communication of offer and acceptance Revocation of offer and…

Documents Discharge by Performance

THE DISCHARGE AND CONCLUSION OF A CONTRACT INTRODUCTION DISCHARGE BY PERFORMANCE Generally, where parties entering into a contract, each party will acquire rights as well…

Documents Indian Contract Act, 1872

INDIAN CONTRACT ACT, 1872 Introduction  The English Connection:  Common law: precedents & customs.  Equity: natural justice.  Pacta sunt servanda: agreements…

Documents Indian Contract Act

INDIAN CONTRACT ACT,1872 General Principles (Section 1-75) Specific Contracts (Sections 124-238) Elements of contract, performance of contract, breach of contract, remedies…

Documents Business Law

BUSINESS LAW AND ENVIRONMENT UNIT 1 & 2 1. The term contract is defined as an agreement enforceable by law in section__of Indian Contract Act, 1872. a.2(e) b. 2(h) c.…

Documents The Contract Act

Under section 2(h) of the Indian Contract Act, 1972, ´An agreement enforceable by law is a contractµ. A contract must have :- (a) an agreement (b) the agreement should…

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Contracts Semester 2 u4664456 Page 1 Contracts Semester 2 ANU U4664456 Contracts Semester 2 u4664456 Page 2 How to approach a problem question: 1. Contract formation: a.…

Business indian contract act

1. Amity Business SchoolMBA, Semester 1Legal Aspects of BusinessMs. Shinu Vig 2. Amity Business SchoolIndian Contract Act, 1872The Act defines a contract as “an agreement…

Economy & Finance Insurance l aw 2012 copy

1. Course HANDOUTSprinciples of insurance contractFaculty of Law - English SectionPrepared byDr. Yassin EL SHAZLYPhD in Law, Lyon Law School, France Teacher, Business Law…

Documents January 9, 2006BUSINESS LAW (Ms. Hawkins)1 CHAPTER 7: GENUINE AGREEMENT Chapter 7 discusses...

Slide 1January 9, 2006BUSINESS LAW (Ms. Hawkins)1 CHAPTER 7: GENUINE AGREEMENT Chapter 7 discusses conditions that may make a contract voidable due to lack of genuine agreement.…