All agreement are contracts if they are made by the free consent of the parties competent to contract, for a lawful consideration and with a lawful object and are not expressly declared to be void.
Wendi Dodson Houston - While Procurement and contract managers are not expected to be legal experts, it is very difficult to manage a contract well without a basic understanding of the elements to a contract and the meaning of significant terms.
All agreement are contracts if they are made by the free consent of the parties competent to contract, for a lawful consideration and with a lawful object and are not expressly declared to be void.
Wendi Dodson Houston - While Procurement and contract managers are not expected to be legal experts, it is very difficult to manage a contract well without a basic understanding of the elements to a contract and the meaning of significant terms.
This slide was created to help a bunch of my friends get better informed for the 2013 Australian Federal Election. To understand the roles of our leaders and how exactly they get there. Hence the hashtag #electionprep101.
All of my information was adapted and synthesised from the Australian Parliamentary Education Office (PEO) website and their informative lesson plans for teachers.
More of which can be found here: http://www.peo.gov.au/teaching/parliamentary-lesson-plans.html
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The body of rules governing the formation and execution of contracts is known as contract law. The Indian Contract Act of 1872 functions as a comprehensive guidebook governing agreements and contracts in India. This legislation was enacted to create a framework for contract law, and it has undergone several revisions to accommodate changing economic conditions.
3. Informal Contract- one which is concluded as the results f a written document or correspondence where the law does not require the same to be in writing, or as a result of oral and spoken discussion between the parties or conduct between the parties, evidence and intention to contract.
4. Express contract- one which the condition and terms of the contract are given orally or in writing by the parties concerned. An example of this usually found in formal contracts wherein the kind of services offered, salary, date and time of effectivity including fringe benefits, if any, are specified.
5. Implied Contract- is one that is concluded as a result of acts of conduct of the parties to which the law ascribes an objective intention to enter into contract. To avoid subsequent problems, nurses are advised to clarify the terms and conditions of employment before assumption of work with the prospective employer.
6. Void Contract- is the one that is inexistent from the very beginning and therefore may not be enforced.
9. Those whose consent is vitiated by mistake, violence, intimidation, undue influence or fraud.
10. Illegal Contract- is one that is expressly by the laws. Contracts obtained through use of fraud(deception and trickery), undue(unlawful), influence or duress( coercion).
22. All service which are not contrary to law, morals, good customs, public order and public policy.
23. The cause of obligation is established. The time, price, and subject matter are expressed. Generally, the length of time of contact for service is at least equal to the period for w