Tuesday, 17 May 2016

Law of contract

LAW OF CONTRACT

A coating agreement between two or more persons or parties which is legally enforceable.
Elements of a contracts :

·         Offer = An offer is an invitation to make a contract. Example, Putting price tag on a good in a    
store. In offer it’s contain of bilateral and unilateral. Bilateral contract contain two      promises. Unilateral contract contains a promise by one person.
·         Acceptance = Contract Act 1950 provides that when the person to whom the proposal is made
significant his assent thereto, the proposal is said to have been accepted. The               accepted will become promise.
·         Consideration = Contract Act 1950 provides that, as a general rule, an agreements without                  consideration is void.



Negotiation activity: This requires each side to compromise, so that they can get what they really                                want .
Drafting activity: use specific binding language such as, “shall” not “will.”


Introduction to law:

Law can described as a set of rules, developed over a long period of time that regulates interactions that regulates interactions that people have with each other, and which sets standards of conduct between individual and between individuals and the government and which are enforceable through sanction. Thus, to the layman, law is defined as being a general rule of conduct. In Oxford English Dictionary, law is defined as ‘the body of enacted or customary rules recognized by a community as binding’. In short, law may be defined as a body of rules which are enforced by the state.

LEGAL SYSTEM IN MALAYSIA.



Structure of the government:
Structure of the government is to facilitate the administration of the country, the government administrative structure is divided into 3 major components is The Legislative (Badan Perundangan), The Executive (Badan Pemerintah), and The Judicial (Badan Kehakiman). 

Meaning of ‘source’.
The administration of the Malaysian Government is based on a system of Parliamentary democracy with a Constitutional Monarchy. All qualified citizens have equal rights in determining who shall govern the country through a general election. The main sources of Malaysian Law comprise written and unwritten.

Main sources of Malaysian law are:
Written law
Written law is also referred to as statute law. As studied earlier, this is law made by Parliament and any subordinate bodies to whom Parliament has delegated power to legislate. When hearing cases, the courts are not just performing an act of fact-finding; they also interpret statutes, although they do not make them. In interpreting statutes, the courts are guided by, interpretation Acts, Extrinsic material, Common law rules of statutory interpretation, and Precedent. As studied earlier, written law in Malaysia may be found in, The Federal Constitution, State Constitution, Legislation, and Subsidiary Legislation.

Unwritten law
Unwritten law is mainly comprised of:
·         English law = English common law and rules of equity will be , to some extent applicable in   
                        Malaysia.
·         Judicial law = Unwritten law can also be found in decisions of the courts, “doctrine of binding    
                        precedence”.
·         Customs law = The customs law consists of customs related to family law and Islamic law.
·         Islamic law = This law is only applicable to Muslims and it’s administered in the Shariah Courts.
INTERNATIONAL LAW : International law define as that body of law which is composed for its greater                                   part of the principles and the rules of conduct which states feel themselves                                        bound to observe.




HEIRARCHY OF MALAYSIAN COURTS: