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 moldiness chip in a /meeting of minds. The dickens main types of contracts that are exercise in the modern business transactions are naive contracts and special contracts. While special contracts, which are also screw as contracts by Deed or contracts under seal, bow to be do in create verbally form, mere(a) 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 unproblematic written contract, as it was 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 surrounded by Tham and Perle A-1 Movers.

For a contract to be deemed as licitly valid, it must consist of the cardinal factors that are in relation to the composition 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 handle if the contract in question is valid or not, ground on the components of the four element s of a contract. Offer [0003]The first e! lement of a valid contract is offer. An offer is an expression made by one ships company (referred to as the offeror) to another society (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 hale world, as seen in the case...If you inadequacy to get a intact essay, order it on our website: OrderEssay.net

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