Human Resource Planning

BUSINESS LAW PROJECT By: Khoo Chin Seng Teng Yee torsk Chua Kim Huay, Jane 31 October 2011 defer OF CONTENTS Introduction...3 Elements of a Contract....3 INTRODUCTION [0001]In this world, in that location are more(prenominal) forms of distils. So what is actually a narrow? It is define as an agreement giving rise to obligations which are enforced or recognized at law And the parties to the subscribe must transmit a /meeting of minds. The both main types of contracts that are pursue in the modern business transactions are naive contracts and special contracts. While special contracts, which are also eff as contracts by Deed or contracts under seal, touch on to be do in create verbally form, impartial contracts screw be made orally or in writing. In this assignment study case, as set out, concerns two parties: Tham and Pang, who acted on behalf of Perle A-1 Movers; the contract here in question, is a dim-witted written contract, as it wa s made without any formal requirements, much(prenominal) as needing it to be sealed. ELEMENTS OF A CONTRACT [0002]Firstly, we realize at the issue of whether there was a valid contract between Tham and Perle A-1 Movers.

For a contract to be deemed as de jure valid, it must consist of the cardinal agents that are in relation to the administration of a contract, and that the courts allow for enforce as a legally binding contract: offer, acceptance, consideration, and intention to create legal relations. In this section, we will look at these quadruple core elements, and establish if the contract in que stion is valid or not, establish on the comp! onents of the four elements of a contract. Offer [0003]The first element of a valid contract is offer. An offer is an expression made by one ships company (referred to as the offeror) to another political party (referred to as the offeree), communicating the offerors willingness to perform a promise. An offer can be made to an individual, group, or to the self-colored world, as seen in the case...If you inadequacy to get a generous essay, order it on our website: OrderCustomPaper.com

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