permission for educational purposes. Traditionally Native Americans have had an immediate and reciprocal relationship with their natural environments. At contact, they lived in relatively small groups close to the earth. They defined themselves by the land and sacred places, and recognized a unity in their physical and spiritual universe. Their cosmologies connected them with all animate and inanimate beings. Indians moved in a sentient world, managing its bounty and diversity carefully lest they upset
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THE INDIAN CONTRACT ACT, 1872 The Law of Contract Constitutes the most important branch of mercantile or commercial law. It affects everybody, more so, trade, commerce anq industry. It may be said that the contract is the foundation of the civilized world. The law relating to contract is governed by the Indian Contract Act, 1872 (Act No. IX of 1872). The preamble to the Act says that it is an Act "to define and amend certain parts of the law relating to contract". It extends to the whole
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the United States which could lower the possibility of American aid to Britain. Thus, Hitler had laid out a coherent strategy with Operation Barbarossa. In terms of political and economical power, the Soviet Union was the promised land of German Lebenstraum. Soviet oil, vast land and economics resources represented large economic advantages for Germany. Although Britain possessed the colonies of India and Middle-eastern nations, Hitler considered a Soviet defeat as the wisest and most beneficial event
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promises to do something in return for an act of the other party, as opposed to a promise, eg, where X promises a reward to anyone who will find his lost wallet. The essence of the unilateral contract is that only one party, X, is bound to do anything. No one is bound to search for the lost wallet, but if Y, having seen the offer, recovers the wallet and returns it, he/she is entitled to the reward. ELEMENTS The essential elements of a contract are: 1. Agreement An agreement is formed
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TABLE OF CONTENTS INTRODUCTION 2 PART 1 – The essential elements required for formation a valid contract 3 1. Agreement 3 1.1 Offer 3 1.2 Acceptance 4 2. Consideration 5 2.1 Adequacy and Sufficiency of consideration 5 2.2 Privity of contract 5 3. Intention to create legal relations 6 3.1 Domestic arrangement 6 3.2 Commercial agreement 6 3.3 Capacity 7 PART 2 – The impact of different types of contract 8 1. Verbal contract 8 2. Written contract 8 The parol evidence
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Contract Law Notes Contracts ‘A’ Offer - Bilateral contracts - Unilateral contracts - Offers to the public at large What is an offer? - Mere puff - Supply of information - Invitation to treat Categorizing transactions - Advertisements a) Advertisements in a catalogue or a curricular b) Advertisements in newspapers or magazines c) Advertisements appearing on the internet d) Display of goods - Auctions a) Advertisement of auction b) Auctions with reserves c) Auctions without
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Christopher Columbus discovered the New World (1492) and became the first European to set foot on San Salvador; he opened a new chapter in the history of the Old World as well as the New. The development of America took place when a static and status-bound European was responding to new intellectual stirrings, growing trade, and competition among emerging nation- states in overseas exploration and commerce. In 1585 Raleigh established the firs British Colony in North America on Roanoke Island. English
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promises to do something in return for an act of the other party, as opposed to a promise, eg, where X promises a reward to anyone who will find his lost wallet. The essence of the unilateral contract is that only one party, X, is bound to do anything. No one is bound to search for the lost wallet, but if Y, having seen the offer, recovers the wallet and returns it, he/she is entitled to the reward. ELEMENTS The essential elements of a contract are: 1. Agreement An agreement is
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Contract Law Notes Contracts ‘A’ Offer - Bilateral contracts - Unilateral contracts - Offers to the public at large What is an offer? - Mere puff - Supply of information - Invitation to treat Categorizing transactions - Advertisements a) Advertisements in a catalogue or a curricular b) Advertisements in newspapers or magazines c) Advertisements appearing on the internet d) Display of goods - Auctions a) Advertisement of
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SALE A nominate contract whereby one of the contracting parties obligates himself to transfer the ownership of and to deliver a determinate thing and the other to pay therefor a price certain in money or its equivalent. Delivery and payment in a contract of sale are so interrelated and intertwined with each other that without delivery of the goods there is no corresponding obligation to pay. The two complement each other. It is clear that the two elements cannot be dissociated, for
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