'Unilateral contract' presentation slideshows

Consideration As a Basis For Enforcement

Consideration As a Basis For Enforcement. Tom grants a license to paint a fence, in exchange for an apple. When Do We Enforce? Possible Reasons to Enforce. Morality? Commercial v . family or social transactions? Certainty ( e.g ., written v . oral; formalities)? Reliance?

1.16k views • 91 slides

ISLAMIC LAW OF TRANSACTION

ISLAMIC LAW OF TRANSACTION. QUESTION 2 CONCEPT OF MISTAKE AND ITS CATEGORIES. GROUP MEMBERS. IMPEDIMENTS TO CONSENT IN ISLAMIC CONTRACT. 4 Grounds of the impediments. Definition of Mistake (Ghalat). Concept of mistake in islamic contract.

943 views • 54 slides

Section 5.1

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Agreement and Consideration in Contracts

Agreement and Consideration in Contracts. Chapter 7. Overview of Contracts: Basic Principles. A contract is an agreement between two or more parties to perform or to refrain from some act now or in the future enforceable by the courts. Overview: Contract Requirements.

577 views • 36 slides

Chapter 7

Chapter 7. Contracts: Concepts, Terms, and the Agreement. I. Promises. Promises. Contract Law deals with a very ancient concept, the keeping of promises 2 Types of Promises: Moral (Social) Promises Legal Contracts

634 views • 36 slides

Section 5.1

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Business Law

Business Law. Chapter 2: Offers. Introduction to Offers. How definite must an offer be? What does the law require for a valid offer?. Defining an Offer. An offer is an expression by one person of his willingness to enter into a bargain with another person. . Proving an Offer.

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Creating an Enforceable Contract

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Business Law

Business Law. PRESENTED BY PROF. MR.K.SAKTHI KAMALANATHAN. What is a contract?. The legal definition of a contract is a promise (or set of promises) that, when breached by one party, gives the other party a legal remedy. Technical contracts.

576 views • 25 slides

Section 4.1

Section 4.1. Agreements and Contracts. Section 4.1 Agreements and Contracts. A contract is any agreement enforceable by law. Section 4.1 Agreements and Contracts. A contract requires six elements:. offer. acceptance. capacity. consideration. legality. genuine agreement.

366 views • 24 slides

Mid-Semester Review

Mid-Semester Review. Basic Rules Of Enforcement And Formation. Remedying Breach; Bargained for Exchange; Offer and Acceptance; Statute of Frauds. Basic Principles & Definitions. Contract: Exchange involving at least one promise. Goal: Uphold and promote voluntary exchanges.

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CHAPTER 10

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Contracts and Their Formation

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THE AGREEMENT: OFFER

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Section 4.1

Section 4.1. Agreements and Contracts. Section 4.1 Agreements and Contracts. A contract is any agreement enforceable by law. Section 4.1 Agreements and Contracts. A contract requires six elements:. offer. acceptance. capacity. consideration. legality. genuine agreement.

115 views • 11 slides

Characteristics of a Contract

Characteristics of a Contract. 2.01 Understanding Elements and Characteristics of a Contract. CHARACTERISTICS OF A CONTRACT. Valid, void, voidable, unenforceable Express or implied Bilateral or unilateral Oral or written. Valid, Void, Voidable, Unenforceable. Valid contract

1.05k views • 6 slides

Definition of Law

Definition of Law. Citizen Point of View Lawyer Legislator Judge. Definition of Law. Rules of conduct if recognized by state & enforced by it on people are termed as law. Sources of Law . English Mercantile law Statute Law Judicial Deacons Customs & Usages. Definition of Agreement.

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