Law for Commerce - Scenario 1 Issues: Is the prenuptial agreement a valid contract? Is the document signed after the marriage a valid contract? Can Natalie claim the exception of Undue Influence while she signed both the contracts? Relevant Laws: Family Law Act, 1975 Competition and Consumer Act, 2010 Application: In the comparatively recent landmark case of Thorne vs Kennedy, similar facts were faced by the…
Law of Commerce - Short Answer 1 Issues Whether the agreement between Anup and Suresh is legally enforceable? Rule Law of Contract Application In the light of the present facts and circumstances of the case and as an advisor to Anup, a contract is an agreement between two or more than two parties which creates rights and obligations which are enforceable by law. The basic purpose of the contract is to secure expectations, assist…
Law for Commerce The study highlights several statutory provisions along with case law examples relating to the holding of shares by minors and collateral contracts in the context of the case study. While shares are covered in certain specific codifications, contractual arrangements are largely governed by the common law system prevalent within Australia along with precedents and principles based out of the precedents. Aspects of international…
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