sg/lawnet/group/lawnet/legal-research/advanced-se... UNFAIR CONTRACT TERMS ACT (CHAPTER 396) (Original Enactment: U.K. 1977, c. 50) REVISED EDITION 1994 (20th May 1994) An Act to impose further limits on the extent to which civil liability for breach of contract, or for negligence or other breach of duty, can be avoided by means of contract terms and otherwise. [12th November 1993 *] * Date when this Act was made applicable by the Application of English Law Act (Cap. 7A). PART I Introductory Scope
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|[pic] | Court : Kolkata Reported in : (1903)30IndianAppeals114 Judge : Lord Macnaghten; Lord Davey; Lord Lindley; Sir Ford North; Sir Andrew Scoble; Sir Andrew Wilson, JJ. Decided On : Mar-04-1903 Acts : Indian Evidence Act, 1877 - Section 115; Indian Contract Act - Sections 41, 19, 64, 65 Appellant : Mohori Bibee and another Respondent : Dharmodas Ghose Advocate for Respondent : W.W. Box, Adv. Advocate for Appellant : Watkins; Lempriere, Advs. Judgment: SIR FORD
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Sources of Pakistani Mercantile Law Mercantile law is a part of civil law. It governs and regulates the trade and commerce in the country. Mercantile law deals with the needs of a business man. This includes laws relating to insurance, partnerships, contracts, companies, negotiable instruments, arbitration, carriage of goods etc. A mercantile law in Pakistan is taken from the English law. So it follows the English laws to a considerable extent with some modifications and reservations to suite with the
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Minors' Capacity To Contract One of the elements constituting a valid contract is that the parties entering the contract are those who have the competency to contract. This is based on section 10 (1) of the Contract Act 1950 which states: “All agreements are contracted if they are made by the free consent of parties competent to contact, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void.” Competency refers to the capacity of being an adult
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The given set of factors requires a discussion of the rules relating to formation of a contract, particularly focusing on offer and acceptance. According to the section 2(h) of Indian Contract Act 1872, “An agreement enforceable by law is a contract.” There should be two items which are objected to make contract are (i) An Agreement and (ii) Legal Obligation. In section 2(e) defines that, “Every promise and every set of promises, forming the consideration for each others, is an agreement.” From
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CAPACITY TO MAKE CONTRACTS The capacity of certain persons to conclude contracts is restricted by law. The law recognizes that certain people are either wholly or partly incapable to make a contract. The aim of this assignment is to explain and consider the critical legal matters the individuals and organisations have to consider when entering into a contract with these people. Contracts are part of everyday life and every business will need to make a contract and most businesses will have to
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Goods Act, 1957 to apply, it must be a goods. Under Section 2 Sale of Goods Act, 1957, goods is defined as every kind of movable property other than auctionable claims and money, and includes stock and shares, growing crops, grass, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale. Land is excluded from Sale of Goods Act, 1957. For Sale of Goods Act, 1957 to apply, it must be a contract of sale for a price. Contract of Sale
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INTRODUCTION Frustration of contract is employed when performance of the obligations by any of the parties becomes impossible due to external factors without any fault of any of the parties. It must be remembered that it applies to those cases of subsequent impossibility and not to those which are impossible right from the outset. The doctrine of frustration was devised for a different class of cases of contracts in which the circumstances so occur that the execution of the contract as required by the terms
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National Commerce” Act and eCommerce The “Electronic Signatures in Global and National Commerce” Act went into effect October 1, 2000. This act will have a profound impact on online business by establishing the legal validity of electronic contracts between legal or commercial entities. The new level of enforceability the act gives to online transactions extends from retail purchases to Business-to-Business to almost any contract two parties would like to execute online. The act, on a national
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Contract Law Knowledge of the basic principles of the law of contract is useful to readers not only for examinations but also in their everyday lives: Most, if not all of us, have entered into contracts at some point of time –we enter into contract when we board a bus, go shopping or go to work. Contracts are an integral part of our daily lives. They are constantly being entered into by individuals with other individuals or business, as well as businesses with other businesses, to sell or transfer
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