Fiction devised to make promise enforceable

Assignment Help Business Law and Ethics
Reference no: EM133835347

Question

Consideration is often a mere fiction devised to make a promise enforceable and, as such, serves little purpose. It would be advantageous to abolish consideration and leave the more satisfactory requirement of intention to create legal relations as the test of an agreement's enforceability.

Discuss.

Reference no: EM133835347

Questions Cloud

Which assessments if most concerning to the nurse : A client is admitted following a riot with multiple rib fractures on the right side and head trauma. Which assessments if most concerning to the nurse?
What is the role of the military in shaping american : What is the role of the military in shaping American foreign policy? How is American foreign policy affecting current defense policy and military operations?
Describe the significance of banh mi to vietnam culture : 1 page paper that includes a description of Banh Mi and describe the significance of banh mi to vietnam culture.
Discuss the mission relationships and interoperability : Discuss the mission relationships and interoperability between the Navy, Marines, and Coast Guard within that command.
Fiction devised to make promise enforceable : Consideration is often a mere fiction devised to make a promise enforceable and, as such, serves little purpose.
Differentiating between chesapeake bay-new england colonies : Discuss life in the Spanish, French, Dutch, and English colonies, differentiating between the Chesapeake Bay and New England colonies.
What material from the course supports : What material from the course supports your answer and how does it support your answer? Provide an example in history that you think reflects the challenges
What threat from china do you think drives : What threat from China do you think drives your service's (U.S. Navy) planning documents in Module 2 the most? -references are attached
How did rwanda change the fields of genocide studies : How did the genocides in Bosnia and Rwanda change the fields of genocide studies and Holocaust studies, especially the study of gender and genocide?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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