and any scholarship agreement or contract cannot be contray to any provisions of law. Besides that, to form and sign a contract ,we must contain the 6 element. There are offer, acceptance, consideration, certainly, capasity and Intention to create legal relation(ITCLR). Offer is when anybody filling to offer a offering to anybody or any contract.Acceptance is a offer that have given to someone and the person have agree and accept the offer. Consideration is at the desire of the promisor, promise has
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Judgement: The answering of above questions will get us the answer for the suit. 1. Section 16(c) of the Contract Act provides answer t this problem. It mandates that Person to aver in the plaint and establish the fact by evidence aliunde that he has always been ready and willing to perform his part of the contract. Distinction between “readiness” and “willingness” is that the former refers to financial capacity and the latter to the conduct of the person wanting performance . Person’s readiness
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FRAUD 2.1.2 IT IS FARUDULENTS Common law, is the two categories of agreements are not enforceable, the agreement and the agreement null and void. Invalid agreement in question is an agreement which is contrary to law or prohibited by law. Agreement or contract that illegal is actually means the agreement entered into conflict with the law is carried out in a country. This is because, within the provisions made under section 24 (a) to (e) states that a response or the objectives of the agreement
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Nebraska’s bail system is a very long process that involves a lot of time and effort. Bail is something offered depending on the level of crime committed and bail is posted depend on the judge’s opinion. The first step required is to be arrested for committing a crime. A person that is being arrested need to be sure to exercise his Miranda Rights. Law enforcement is required by law to give everyone their Miranda Right while being arrested. Criminals who fail to use this may end up self-incriminating
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...i Turnitin Report.........................................................................................ii Introduction...............................................................................................1 Importance of separate legal entity..........................................................2 Lifting veil of corporation.........................................................................4 Conclusion...................................................................
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SAMPLE LETTER OF INTENT FOR PURCHASE OF REAL PROPERTY Date _____________________________ _____________________________ _____________________________ Re: Letter of Intent (Property Description) (City/County) Our File No. * Dear _________________: Subject to the execution of a definitive and mutually acceptable agreement of purchase and sale ("Purchase Agreement") within ________ (___) days after execution of this Letter of Intent (the "Contract Negotiation Period"), the undersigned offers to purchase
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being part of a partnership are that all profits are shared and that all decisions need to be made by each partner (Cheeseman, 2013). A C Corporation is any corporation that is taxed separately from its owners. Corporations are a “separate legal entity (or legal person) for most purposes" (Cheeseman, 2013, p. 594). The advantages of a corporation are that it can have more than 75 shareholders that allow for growth of the business, and the business does not dissolve due to the death of the owner. The
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proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, The fictitious name is simply a trade name--it does not create a legal entity separate from the sole proprietor owner. Formation The simplest and most basic form of a sole proprietorship
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Andrew Liu Case Name: U.S West Financial Services Inc,. Plaintiff, v. Robert Cipriano and Nancy Cipriano, Defendants U.S District Court for the Southern District of New York Key Facts: 1. May 1988, defendants executed a promissory note in which they promised to pay to New York City Waterfront Associates, L.P. the sum of $88,643 plus interest. 2. Defendants have made no payments required by the promissory note and are default of their obligations under the Note. 3. Defendants
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Qualification of director 1. S 122(1) – Director must have principal or only place of residence within Malaysia. The term residence is not defined in the Act but in the case of Fong Poh Yoke v The Central Construction Co (M) Sdn Bhd [1998] 4 CLJ Supp 12, it means residence in one place with some degree of continuity. 2. S 122(2) – Must be a natural person of full age. 3. S 125(1) – An undischarged bankrupt may not (except with the leave of the court by which he was adjudicated
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