Capital Appraisal Techniques

CONSIDERATION:

SOMETHING GIVEN PROMISED OR DONE IN EXCHANGE FOR ACTION

TRADE DESCRIPTION ACT

IT IS A CRIMINAL OFFENCE TO MAKE FALSE STATEMENTS

UNILATERAL
CONTRACTS UNDERTAKEN BY ONE PERSON OR GROUP ALONE

VOID
NOT A CONTRACT AT ALL - NO LEGAL RELATIONS

VOIDABLE
CONTRACT WHICH ONE PARTY MAY SET ASIDE

UNENFORCABLE
VALID BUT IF ONE REFUSES TO DO CONTRACT I CAN'T DO ANYTHING ABOUT IT

TERMS
MUST BE CARRIED OUT TO AVOID BREACH

EXPRESS TERMS
SPECIFICALLY STATED

CONDITIONS
FUNDAMENTAL TO CONTRACT

WARRANTY
LESS IMPORTANT IN CONTRACT

IMPLIED
NOT SPECIFICALLY STATED BUT IMPLIED BY CUSTOM OR LAW

RESTITUTIONARY
FUCK THE WRONGDOER

COMPENSATORY
DAMAGES TO CLAIMANT MONETARY AMOUNT REPLACE WHAT WAS LOST

LIQUIDATION
TERMINATION OF A BUSINESS ASSETS DISCHARGE LIABS

ADMINISTRATION
COURT APPOINTED   ADMIN TAKES OVER - FOR SOLVENCY

STATUTORY
FINAL DEMNAD FOR PAYMENT BEFORE BANKRUPTCY

Action for price
court action to recover agreed price of goods/services

Monetary
Compensation for loss

Termination
One party refusing to carry on with contract

Specific performance
court order that one of the parties must fulful their obligation

Quantum Merit
Payment ordered for part of contract

Injunction
One party to the contract being ordered by the court not to do something
Restitutionary
Stop wrongdoer

Courts
County (Small Claims Track) - Under 10,000
Fast Track - 10,000 - 25,000
Multi Track - Complex   and over 25,000

DATA CONTROL
Personal info held about individual factual AND opinion
DATA SUBJECT - Individual who is the subject of personal data
DATA CONTROLLER a person who holds and processes personal info
Principles Data Control
Fair Lawful
Processed for limited purporses
Adequate relevant & not excessive
accurate up to date
not kept for longer than necessary
in line with my rights
kept secure not transferred to eu...can still be protected
Data rights
Right to subject access
Right to...