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 With reference to the relevant articles of the Mauritian Civil Code, explain the principles of tort law QUESTION 2 An employer should ensure the well being of a

1.(a) identify and give out the explanation of different categories of legal system. (b) How is legal system in bznz enforce

Create a Poster The summative assessment for the module is a poster session. The poster must take a theoretical perspective, supported by appropriate applied examples The p

STATUTORY INTERPRETATION: Conversely the precise connotation of a law written in an Act may cause a legal dispute.  So this is so because, even though the law is written and c

Houghland, a passenger in one of McAnn's buses, had his suitcase stored in a luggage comp of the bus for a trip from Brisbane to Cairns. The suitcase was lost during the course of

Question: (a) Ethics is the set of moral principles by which people conduct themselves personally, socially, or professionally. Critically analyze the basic ethical values

Decode the Code Problem Description Smugglers are becoming very smart day by day. Now they have developed a new technique of sending their messages from one smuggler to another. In

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Explain the mode of acquisition - occupation The mode of acquisition is occupation. It is a means by which a State can acquire territory which belongs to no other entity. The o

Beneficial Service - Binding Contracts According to such, a contract relates service or apprenticeship is such binding on an infant - which mostly provided it is substantially