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Effects or Consequences of Illegality
Misdemeanour Or Illegality renders a contract unenforceable. However the contract creates no rights and imposes no obligations at the parties. But, is because the contract is beyond the pale of law consequently neither party has a legal remedy. Thus as a general rule money or goods changing lands under an illegal contract are irrecoverable. Means gains and losses remain whenever they have fallen. Hence a court of law cannot assist parties for adjust their rights whether the contract is tainted with illegality. Conversely money or goods changing hands under an illegal contract possibly will be recoverable when
Redemption of Shares: Section 60 (1) empowers a company limited by shares to issue preference shares that are, or may be at the option of the company are to be liable, to be r
Use of shares of the minority: X, Y and Z held 4,500, 4,500 and 1,000 one pound shares respectively, of Company B. They were the only shareholders and X and Y were the direc
Describe the Social conditions of multiple streams Social conditions that are not defined as problems, and for which alternatives are never proposed, never become policy issues
State Article1of Universal Declaration of Human Rights Article 1: 'All human beings are born free and equal in respect and rights. They are endowed with reason and conscience
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WHAT ARE THE EXCEPTINS TO THE ''NEMO DAT'' RULE?
It has been said that "auditors cannot legitimately serve the 'user' public because they are hired and fired by the management of the company being audited. If management does not
QUESTION Many governments around the world have sought to address the problems posed by materials on the Internet that are illegal under their offline laws, and those considered
During the first lecture students asked for some assessments topics to guide them in the decisions that they need to take. Please note that: 1 Students may still formulate the
What are the types of international law? Two main types of international laws are there, it is public international law and private international law. Public law is law th
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