Essays on Contract

In association contracts, there exists a legal association between two people whereby one individual follows up in the interest of the other. The individual who acts in light of a true blue worry for the other is called a specialist, and the individual from whom…

Is that in the contract? How do we know what is right and what is wrong? Studies have shown that we come into this world with an innate, raw sense of what behavior should be rewarded and what behavior should be punished. As we mature,…

As a Company is a artificial person and needs a natural person to act on its behalf, A Director is appointed and acts as the companies agent and is responsible for the day to day running of the company. Directors duties are stated in the…

Joe has been mandated by law as a business man to enter into contracts with customers who are above the age of 18 years in order for the transaction to be termed as legal (Posner, 2014). The contract should be in legal form so that…

So, you’ve decided to get Life Insurance. We all come to a point in our lives when we want to start feeling more secure and actually be the responsible adults we always imagined to be. Some get married, some get kids, some buy a house,…

In Malaysia, all contracts of restraint of trade are void unless it falls within exception provided in S. 28 of CA 1950. Thus, in Malaysia, the legislature had purposely made the list of exceptions in restraint of trade simply exhaustive by including the three common…

Getting engaged can be one of the happiest moments of your life, but there’s no guarantee that you and your future spouse will actually make it to your wedding day. In India, marriage is an important occasion and huge sums are spent for the pre-marriage…

Contracts have a long history and contracts as a field of study has its roots in the 1700’s. Adam Smith argued that sharecropping contracts does not give sufficient incentives for tenants to improve the land. The theory was further developed in the 1930s by American…

Introduction Contract manufacturing enables the firm to have foreign sourcing (production) without making a final commitment. Management may lack resources or be unwilling to invest equity to establish and complete manufacturing and selling operations. Yet contract manufacturing keeps the way open for implementing a long-term…