Sources of us law of contract, Business Law and Ethics

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 Whereas this Act is no longer applicable, having been rendered inapplicable through S.10 of US Disposal of Uncollected or uncoupled Goods Act, 1987.
Posted Date: 1/22/2013 1:17:38 AM | Location : United States







Related Discussions:- Sources of us law of contract, Assignment Help, Ask Question on Sources of us law of contract, Get Answer, Expert's Help, Sources of us law of contract Discussions

Write discussion on Sources of us law of contract
Your posts are moderated
Related Questions
QUESTION 1 With the coming into force of the Employment Rights Act, how far has the freedom of the employer to unilaterally terminate contracts of employment been curtailed?

Question 1: Mr Ben is the director of ABC Ltd. He wishes to know whether he has any responsibility under the OSHA regarding the presence of the following in his enterprise:

Agency by Ratification So then Agency by ratification can only arise whether: The agent purported for act to a principal and one is The alleged principal was in exi

Q. Cross agency actions - addressing phoenix activity? the ASIC, ATO and FWO all have responsibilities in investigating and monitoring elements of phoenix activity. This means

Select an existing business that utilizes short, medium, and long-term strategic planning. You may also use your own company. Consider how the organization's operational-level plan

Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu

Contents of Group Accounts: By s.152(1), the group accounts laid before a company shall give a true and fair view of the state of affairs and profit or loss of the company and

Restatement of the fundamental rule: In Bray v Ford Lord Herschell stated that the aforesaid rule is not "founded upon principles of morality" but is based on the consideratio

Compulsory Liquidation :                                       A petition is presented to the High Court under s.218 of the Companies Act.  The petition will specify one of the

Relationship between Banker and Customer Therefore the relationship between a banker and the customer is a debtor-creditor association that was articulated In the chief case o