Unliquidated debt Study guides, Class notes & Summaries

TLI4801 Assignment 1 Semester 1 2022 (1a) Discuss the type of summons that will be used to institute Mrs Steven`s divorce action. (4) The combined summons will be used to institute Mrs Steven divorce action. According to Marnewick C.G (2012),1 Combined summons are primarily used where the plaintiff s ‟ claim is unliquidated, that is where it is not a claim for a debt or liquidated demand. A combined summons is a summons to which is annexed a statement of the material facts relied upon b...

QUESTION 1 M issues summons against N for damages as a result of breach of contract. The nature of the claim that M has against N is — Indicate the most accurate statement. (1) a liquidated claim (2) an illiquid claim (3) an unliquidated claim (4) a liquid claim QUESTION 2 The facts in Question 1 remain the same. In order to commence proceedings, M must issue one of the following summonses: Indicate the most accurate statement. (1) an illiquid summons (2) a combined summons 14 (3...

Final Exam (BCOR 2301) 2023 Questions and Answers Consideration The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Performance [of an action otherwise not obligated to] e.g. prov...

QUESTION 1 (a) You passed your attorneys’ admission examination and your contract as candidate attorney expires shortly. You want to be admitted as an attorney. Bear these facts in mind, and answer the following questions. (i) Explain which type of application you may use. (2) An Ex parte application: this type of application is used when the interests and rights of no-one other than the applicant will be affected by the application (therefore applicant is not obliged to give notice of ...

Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be in line with the ype of bribery risk and scale tha...

California Business Law, Unit 1 Exam Chapters 1-10 Already Passed What is the primary source of law in America? Constitutional Law What is the California Uniform Commercial Code commonly called? Commercial Code The structure of the federal government consists of what parts? Legislative Branch, Executive Branch, and Judicial Branch "Stare Decisis" most commonly means what? To stand by things decided The 29 California Codes can be found on the internet as well as? County law libraries, Law s...

Consideration The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Performance [of an action otherwise not obligated to] e.g. providing acct. services - Forbearance [refraini...

CIPS L4M8 Exam Verified 100% Correct!! Stage 13: Assest management/end of life The procurement professional should evaluate whether the need is still current. If it is and unchanged, the procurement cycle process commences again but from a different stage as the need is already known and understood. If the need is not required the buyer should manage the end of life by reducing stock levels and informing the supplier Anti-bribery procedures -Proportionate procedures: should be in line with...

QUESTION 1 (a) The combined summons will be used to institute Mr Smith‟s divorce action. Combined summons is primarily used where the plaintiff‟s claim is unliquidated, that is where it is not a claim for a debt or liquidated demand.1 Matter for which a combined summons is used involves serious factual disputes that require the leading oral evidence to resolve the issue. (b) The type of pleading that will be annexed to the summons is particulars of claim .In every case where the claim...

Final Exam (BCOR 2301) 2023 Questions and Answers Consideration The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Performance [of an action otherwise not obligated to] e.g. prov...