Human Resource Planning

BUSINESS LAW PROJECT By: Khoo Chin Seng Teng Yee ling ko 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 grant a /meeting of minds. The two main types of contracts that are charter in the modern business transactions are vaporous contracts and special contracts. While special contracts, which are also recognise as contracts by Deed or contracts under seal, bow to be do in create verbally form, round-eyedton 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 simple written contract, as it w as made without any formal requirements, such 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 legitimately valid, it must consist of the cardinal atoms that are in relation to the fundamental law 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 plow if the contract in question is va lid or not, establish on the components of t! he 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 troupe (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 solely world, as seen in the case...If you inadequacy to get a across-the-board essay, order it on our website: OrderCustomPaper.com

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