Sources of us law of contract, Business Law and Ethics

Assignment Help:

Sources of US Law of Contract

However the Law of Contract Act 1961, S. 2(2) provides like, except as may be provided through any written law to the time being in force, hence the common law of the England relating to the contract like modified through doctrines of equity and throughout the Acts of the United Kingdom Parliament justified in the schedule to the Act, when to the extent and subject to modifications in the said schedule there should extend and apply to the US.  Thus the U.K. Acts specified in the schedule are as follow:

  • First is the Law Reform as Married Women and Tortfeasors Act, 1935. And
  • Second is the Law Reform (Frustrated Contracts) Act, 1943. And
  • Third is the Disposal of Uncollected Goods Act, 1952. Whereas this Act is no longer applicable, having been rendered inapplicable through S.10 of US Disposal of Uncollected or uncoupled Goods Act, 1987.

Related Discussions:- Sources of us law of contract

What is recessionary bias, What is Recessionary Bias To illustrate the ...

What is Recessionary Bias To illustrate the possibility of recessionary bias we assume that both countries have two policy objectives but only one policy instrument. The policy

Principles and presumptions of construction, Principles and Presumptions of...

Principles and Presumptions of Construction: However in the course of settling some of these disputes the courts in England have elaborated the rules that they will utilized i

Subject to it or affected it - african customary law, Subject to it or affe...

Subject to it or affected it - African Customary Law Mostly one of the parties must be subject to it or affected through it. Whether as the plaintiff and the defendant rel

Requisites in form - negotiable instruments, Requisites in Form - Negotiabl...

Requisites in Form - Negotiable Instruments  To satisfy to the statutory definition the document alleged such to be a bill of exchange must be: like  (a) Unconditional. Example

Mind like inventions, Intellectual property refers to creations of the mind...

Intellectual property refers to creations of the mind like inventions, artistic and literary works, designs, and more used for profit. There are two categories of intellectual prop

Methods of public issue, Methods of Public Issue: A company's authoris...

Methods of Public Issue: A company's authorised capital may be raised in one or the other of the following ways: a)      PLACING A 'placing' occurs if the company, inste

What are the possible causes of employee grievances, QUESTION 1 What ar...

QUESTION 1 What are the role, powers, functions, aims and objectives of Trade Unions in maintaining a sound and harmonious relations? QUESTION 2 (a) What are the possib

Group account form - accounts and audit, Group Accounts' form: S.151(...

Group Accounts' form: S.151(1) provides that the group accounts laid before a holding company shall be consolidated accounts comprising- (a)   like with a consolidated bala

condition precedent, What is a condition precedent? Provide me with an exa...

What is a condition precedent? Provide me with an example.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd