Human Resource Planning

BUSINESS LAW PROJECT By: Khoo Chin Seng Teng Yee heather 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 than 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 mustiness tin a /meeting of minds. The twain main types of contracts that are engage in the modern business transactions are straight contracts and special contracts. While special contracts, which are also hump as contracts by Deed or contracts under seal, doctor to be do in create verbally form, honest 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 easy written contract, as it was made with out 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 surrounded by Tham and Perle A-1 Movers. For a contract to be deemed as licitly valid, it must consist of the cardinal fractions that are in relation to the institution 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 establish if the contract in question is valid or not, base on the components of the 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, o r to the firm world, as seen in the case...! If you inadequacy to get a lavish essay, order it on our website: OrderCustomPaper.com

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