Contracts of guarantee, Business Law and Ethics

Contracts of Guarantee

There the Law of Contract Act, 1961, S.3 (1) provides as follow:

Actually "No suit shall be brought whereby to charge the defendant upon any type of special promise to answer to the debt, default or miscarriage of another person unless the agreement upon that such suit is brought then or some memorandum or note thereof, is in writing and signed through the party to be charged therewith, or about other persons thereunto through him lawfully authorized."

Contracts for the Sale of an Interest in Land:

Well 'The Law of Contract (Amendment) Act, 1968', provides: as;;

However "No suit shall be brought upon a contract to the disposition of  an interest in land unless the agreement on that the suit is founded, or some memorandum or note thereof is in writing and is signed through the party to be charged or through some person authorised through him to sign it.  Such provided a suit shall not be prevented through reason only to the absence of writing, whether an intending purchase or lessee who has performed or is willing for perform his part of a contract-as;

  • First has in part performance of the contract taken possession to the property or any part thereof;
  • Second being already in possession, continues in possession in part performance to the contract and has done some other act in furtherance for the contract.
Posted Date: 1/22/2013 3:17:09 AM | Location : United States







Related Discussions:- Contracts of guarantee, Assignment Help, Ask Question on Contracts of guarantee, Get Answer, Expert's Help, Contracts of guarantee Discussions

Write discussion on Contracts of guarantee
Your posts are moderated
Related Questions
Question 1: "Le Coco" is a well known hotel located on the north coast of Mauritius. Mr. B, a client of "Le Coco" hotel, was injured after a short heated argument with another

State Article 29 of international law Article 29 states that a member of a diplomatic mission enjoys immunity from arrest or prosecution.

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

England Judicial System Moreover the current England judicial system is prearranged in the form of a pyramid, along with the Court of Appeal at the apex there the High Court i

I am looking for essay writing help in topic "Economic Crisis in Europe"

1. Joe is walking down the street and Sue comes up behind Joe, aims a gun at him, but stops just before shooting. Joe did not know Sue was coming up behind him.

Termination - Duties of Owner Although below S.12 of the Act the hirer may on any time before the final payment may or instalment falls due to terminate the agreement through li

Family and Medical Leave Act: There is a split among the federal circuit courts of appeal on whether or not public employees/officials may be considered "employers" and theref

Directors Powers: Equity regards directors as holding their powers on trust for the company. They can only exercise those powers for the benefit of the company, otherwise the

Termination of agency - Agency Law However an agency relationship may come to an end through: like; Mutual agreement, or consent Withdrawal of consent Performance,