Subject Matter: The “subject matter” of a contract is
the goods or services for which
.
the parties have bargained, one party providing the goods or services in exchange for something else
.
What does legal subject matter mean?
Subject matter is
the cause, the object, the thing in dispute
. The authority of a court to decide a particular type of case is called subject- matter jurisdictionand is is set by the federal or state Constitution, or by state statutes.
What is legal object in a contract?
The object of a contract is
the thing which it is agreed, on the part of the party receiving the consideration, to do or not to do
.
What is subject matter of contract of sale?
The subject-matter of the contract of Sale of Goods
deals with the special property
. For the enforceability of such a contract, there must be a transfer of special property from the seller to the buyer. For e.g., if A owns certain goods he has general property in the goods.
What is subject matter litigation?
It can be established that subject matter of the suit is
the particular thing in respect of which the suit has been filed
. It can either be some property upon which the plaintiff exercises his legal right or it can be a personal right of the plaintiff not related to any property.
What is an example of subject matter?
Subject matter is what something is about. An example of subject matter is
a paper written about dogs
. The matter or thought presented for consideration in some statement or discussion; that which is made the object of thought or study.
What is an example of subject matter jurisdiction?
Subject-matter jurisdiction is the authority of a court to hear and determine cases of the general class to which the proceedings in question belong. For example,
a bankruptcy court has the authority to hear only bankruptcy cases
.
What are the 4 requirements of a valid contract?
The basic elements required for the agreement to be a legally enforceable contract are:
mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality
.
What are the 4 elements of a valid contract?
- Offer.
- Acceptance.
- Consideration.
- Legality.
What are the 5 essential elements of a contract in real estate?
There are five essential elements in a contract which include the following:
offer, which is a promise and a demand of some sort
; acceptance, which is the agreement to the terms of the offer presented; consideration, which is what is actually presented in exchange for the something in the contract; capacity, which …
What creates a contract?
A contract is a legally enforceable agreement between two or more parties that
creates an obligation to do or not do particular things
. The term “party” can mean an individual person, company, or other legal entity.
What is the prime of aim of contract of sale?
3) Transfer of Ownership: The purpose of contract of sale is
the transfer of ownership pf goods from seller to the buyer
. If the goods are handed by one party to another for some other purpose and not with an object of transferring the ownership, then it is not a contract of sale of goods.
What is a contract of sale of good?
(1) A contract of sale of goods is
a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price
. There may be a contract of sale between one part-owner and another.
What is lack of subject matter jurisdiction?
Subject-matter jurisdiction (also called jurisdiction ratione materiae) is the authority of a court to hear cases of a particular type or cases relating to a specific subject matter. … Unlike personal or territorial jurisdiction, lack of subject-matter jurisdiction
cannot be waived
.
What are laws based on?
Common law, also known as case law, is a body of unwritten laws based
on legal precedents established by the courts
. Common law draws from institutionalized opinions and interpretations from judicial authorities and public juries. Common laws sometimes prove the inspiration for new legislation to be enacted.
What is the subject matter of ownership?
Ordinarily, the subject matter of ownership consists of
material objects like land, chattels, etc
. the wealth and assets of a person such as interests in the land, debts due to his shares in a company, patents, copyrights, etc. may also be subject matter of ownership.
