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Theories of relational contracts
These are long-term, non-legal or only incompletely legal agreements. The fact of incomplete foresight is taken into account by leaving gaps in the contract with which future contingencies can be met. Within the framework of general agreement, negotiations take place in the present about modes of proceeding in the future.
Unincorporated Associations: A group of people may come together in order to pursue or promote a common purpose or activity but without going through the vari
Valid But Irregular Allotments: An allotment of shares is valid but irregular under S.52 (3) if it was made before the time of the opening of the subscription lists. The secti
Duty of an auditor: The duty of an auditor generally was very carefully considered by this court in RE: LONDON AND GENERAL BANK (1895) and I cannot usefully add anything to wh
Exceptions - Authority of Partners The rule stated is a general rule, such there are a few exceptions for it. Hence the chief of these exceptions are as follow: like; (a)
Define the term - bliss point A country's bliss point is the outcome of monetary growth rates that gives that country its highest possible level of welfare. The bliss point fo
how do i answer a problem question in law about the law of contract
Liability in Tort A partner commits a tortious act so then the remaining partners are jointly and hence severally liable with him, thus provided they authorised such the act e
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The United States form of government is often described as a "Constitutional Democracy ". The existence and importance of a written Constitution is a major difference between the A
Advantages - Take-over bid: A non-accepting shareholder who applies to the court to set aside the proposed compulsory acquisition of his shares under s.210 will fail unless he
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