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Acceptance - Element of ContractHowever this is the external manifestation about assent through the offeree. Regarding to acceptance an agreement comes with existence between the parties. Further acceptance takes place on a very subjective moment whether the minds about the parties meet like i.e. as Consensus ad idem. Whether this is the moment at whereas an agreement comes with existence. Conversely this subjectivity must be like "externalised". Hence this is referred for as acceptance.Moreover this offer and acceptance award rise to consensus, consequently agreement. Thus these two elements constitute such the foundation about every contractual relationship although cannot through themselves constitute a contract.
Illustrating such the case of Felthouse v. Bindely whereas it was held in such the nephew's information to auctioneer which the horse had been sold could not comprise an acceptance of the plaintiff's offer for the reason that he as the plaintiff had not been told anything through the nephew.
Exception
However an uncommunicated receiving will be effective whether from the words of the offer that the offeror can be regarded as having waived such the right to be informed of the acceptance: as Carlill v. Carbolic Smoke Ball Co. Whereas as Mrs. Carlill was with as having accepted the defendant company's offer but she had not told them since she would buy and required the carbolic smoke balls.
Explain about the tort of negligence. A form of civil wrong where a contract doesn’t exist among the two parties and this is not a crime where punishment is the major goal to t
Issuing shares at a discount: In Ooregum Gold Mining Co of India Ltd v Roper (45) the House of Lords held that it is illegal for a limited company to issue its shares at a dis
Golden rule: Conversely the so-called 'golden' rule will be utilized through the court in order to avoid arriving on an absurd decision under the literal rule of construction.
Distribution of Surplus Assets: If the debts are paid in full the liquidator should apply what remains in repayment of capital paid on shares and then distribute any residue t
how do i answer a problem question in law base on the law of contract for final assesment
Liability For Misstatement Or Misrepresentation: This will be governed by the general principles of the law of contract, depending on whether the misstatement was:- a)A FRA
General Crossing - Crossing on a Cheque Section S.76 (1) since such provides about whenever a cheque bears across its face an addition of described below: The words such
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Contracts in Restraint of Trade This is a contract through which a person voluntarily or unwillingly restricts his future liberty to carry at his trader business or profession
case study
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