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Law Notes

Law Study Program notes will be explained in this section.

What Is Consideration In law;5 Rules You Must Know

Consideration in law is required in a contract. Consideration is something of value that is a benefit to one party or a loss to the other party. It is the inducement to the contract. It is the reason, cause, motive, or price that induces a contracting party to enter into a contract. Consideration may be a benefit conferred or agreed ... Read More »

5 Essentials of A Valid Contract With Great Examples

5 Essentials of A Valid Contract With Great Examples

Being  a law student.you must understand the Essentials of A Valid Contract.A contact must have these elements in order to be called valid.Following are 5 essentials of valid contract. 1. INTENTION OF THE PARTIES  Every contract must have mutual assent or consent. Mutual assent is deter. mined by the acts and the reasonable meaning of the words of the parties and ... Read More »

6 Legal Types of Contracts In Business Law

6 Legal Types of Contracts In Business Law

Types of Contracts are described in this article. A contract is an agreement, express or implied, to do or not to do a particular thing.A contract is a promise or a set of promises for the breach of which the law gives a remedy. or the performance of which the law in some recognizes as a duty.” The U.C.C. definition ... Read More »

How To Brief A Case;3 Steps You Must Know

How To Brief A Case;3 Steps You Must Know

How To Brief A Case? A standard procedure is followed in reciting on a law case. The procedure consists of using a brief of the case in the book. Before class, the student reads the case very carefully. When the student feels that he or she understands the case, the student prepares a brief of the case. The format of ... Read More »

8 Deadly Types of Crimes In Business And Society

8 Deadly Types of Crimes In Business And Society

Types of Crimes are being discussed here.A crime is an act or omission plus criminal intent or negligence prohibited by law and enacted for the protection of the public. The wrong is against the public rather than against the individual, as is the case in a civil wrong. Following are some of the common types of crimes found in the ... Read More »