parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his willingness to do or abstain from doing anything‚ with a view to obtaining the assent of that others to such act or abstinence is said to make a proposal”. The word offer of the English law
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Trick or Treat During the month of October children from all over the country pick out costumes‚ and prepare for one of the most popular holidays of the season. Halloween is a holiday where kids and teenagers get together and dress up as what ever they want. They get together with friends and go walking from door to door in neighborhoods all around asking for candy. As children become young adults they grow out of things they used to enjoy‚ and sometimes it could be a positive learning experience
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This is an excellent article. It uses easy and understandable languages to form a great introduction of what is sociology‚ who is sociologist‚ and what they are doing. And the meaning of this article is significant and draws people to think and taste it. After read this article‚ I gain some new impressions and ideas of what is sociology about and would like to discuss the few questions. In this article‚ the curiosity play role which drives people to explore the field of Sociology. Just like
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QUESTIONS - Offer 1. What is an offer? 2. What is an invitation to treat? 3. List the factors that the court will take into account in distinguishing between an offer and an invitation to treat? 4. Name a case which is authority for the rule that a request for tenders is an invitation to treat. 5. What is the effect of the distinction between offer and invitation to treat? 6. Is possible to make an offer to the whole world? Self-test Questions – uNILATERAL OFFERS
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Culture is a very powerful system that we have today in the world. As stated in the text of the third edition of Invitation to the Life Span‚ culture is defined as ‘A system of shared beliefs‚ norms‚ behaviors‚ and expectations that persists over time and prescribe social behavior and assumptions. In every culture‚ something is done differently than the others. Weather is taking time off to care for a baby or going right back to work after a baby’s birth. It’s all different. We also have similarities
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Introduction: Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties‚ the offer is made by the offeror and the oferee accept that offer. In 21st century‚ there are rapid changes in business trend which create lots of new business model such as e-business and global business. The more business participates‚ the more requirements of Offer and Acceptance Rules
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CONTRACT (Offer) Readings: Lee Mei Ping‚ General Principles of Malaysian Law‚ 5th Edition‚ 2005‚ Oxford Fajar Sdn Bhd Abdul Majid‚ Krishnan Arjunan‚ Business Law in Malaysia‚ 2005‚ Lexis Nexis Malayan Law Journal Beatrix Vohrah‚ Wu Min Aun‚ The Commercial Law of Malaysia‚ 2nd ed.‚ Longman‚ 2000 Malaysian Contracts Act 1950 (http://www.agc.gov.my/) law of Malaysia/numerical table of laws/Act 1136 Contents: 1. Introduction 2. Contracts and Agreements 3. Offer/Proposal
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differences between an offer and an invitation to treat.” An offer may be defined as a statement of willingness to contract on specified terms made with the intention that‚ if accepted there will arise a binding contract”. On the other side‚ invitation to treat invites the other people to make an offer which can be accepted or rejected by the other party. To illustrate them we have to look in certain areas. First area is the display of goods where these are seen as an invitation to treat because shops are
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accounting‚ and finance. ASSET has been recognized during the 5thGawad NCR as the Best Coordinated Non-Academic Activity (Local Chapter) for 2009 and the 7th Gawad NCR as the Best Coordinated Non-Academic Activity (Local Chapter) for 2009. OUR INVITATION This September 13-16‚ 2013‚ UPJPIA shall hold the 11th ASSET and continue its initiative to provide a value-adding seminar to the Top 50 accountancy students all over the country. We proudly invite your local chapter to be part of this endeavor
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1. OFFER: Ben has contacted Ting in the subject matter of identifiable object GTX which Ting had inspected two days ago‚ he clearly mentioned terms and conditions i.e. $30‚000 cash and showed an intention to be bound by these terms and conditions 1(Harvy v Facey‚ Graw 6th ed‚ pg 41). 2. MERE INQUIRY: Ting didn’t accept or reject Ben’s offer and inquired about the spare parts which is infact a mere inquiry rather than counter offer as Ting has not put forward any new terms to Ben’s offer in
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