Representations regarding character or credit, Business Law and Ethics

Representations Regarding Character or Credit

Since statements relating to a person's credit-worthiness will only be actionable whether made in pursuance of a contract that was in writing.  Conversely the Law of Contract Act by S.3 (2) states as follows as:

Hopefully "No suit shall be brought where through to charge any person upon or through reason of any representation or assurance through or given concerning or relating for the character and conduct such credit or ability or dealings of any other person for the intent or purpose such other may obtain credit and money or goods but unless such representation or assurance is completed in writing, signed through the party to be charged there with".

 

Posted Date: 1/22/2013 3:10:44 AM | Location : United States







Related Discussions:- Representations regarding character or credit, Assignment Help, Ask Question on Representations regarding character or credit, Get Answer, Expert's Help, Representations regarding character or credit Discussions

Write discussion on Representations regarding character or credit
Your posts are moderated
Related Questions
Remuneration:             Article 108 provides that "a managing director shall receive such remuneration (whether by way of salary plus commission or may participation in earn

Determine the levels of Policy perspective Policy perspective, analysis can be made on three levels, state-system level, the nation-state level and the decision making level. T

Question 1: i) What are the main characteristics of good faith bargaining? ii) What are the main criteria used in the US labour relations system to test good faith bargain

Liability by Estoppel Anyone who presents himself or permits himself for be represented, further by words, conduct or writing as the partner about another person like  persons

The three regimes:- i. Right over Territorial Waters: The right over territorial waters extends up to 12 nautical miles (NM) from the baseline of a coastal state. Territorial w

Method of Service: Article 131 provides that a notice may be given by the company to any member either personally or by sending it by post to him at his registered address or

I will provide a cases from the media that have ethical implications. Please prepare a ppt presentation that: a) describes the issue/story (Clearly identify which case you ar

Classification of Companies: Section 389 of the Companies Act provides that "no company there association or may partnership consisting of more than twenty persons shall be fo

QUESTION 1 Discuss the implication of F.O.B as a special trade term in international sales contract QUESTION 2 (a) Cliff is the sole director of ABC Construction Ltd, a

Explain the Law of the Sea Convention 1982 The Law of the Sea Convention 1982 did not create a new area of law, as laws governing the sea date back to the dawn of maritime his