What is a Contract? Every time you buy something from a shop you have entered into an agreement – this agreement is called a Contract Every time you buy.

Slides:

Advertisements

Similar presentations

Ch. 10 Illegal Agreements Statute of Frauds. Ch. 10 – Illegal Agreements gambling is generally illegal –lottery is legalized gambling –river boats have.

Advertisements

Paying for goods on credit Resource 4B – Paying for Goods on Credit Slide 1 of 5 Hampshire County Council – Consumer Education Project within the Citizenship.

Unit 9 Chapter 29 Introduction to Business. Neither a borrower nor a lender be, but today providing credit has become a way of life in our country and.

The Present List Making good choices Resource 3K – Making sensible choices (KS3) Slide 1 of 7 Hampshire County Council – Consumer Education Project within.

Are you a responsible shopper? Say some occasions when you feel you have been particularly responsible when out shopping Resource 2i – The Responsible.

Spend your money wisely! Make informed choices! Resource 3C – Making informed choices KS4Slide 1 of 5 Hampshire County Council, Consumer Education Project.

The Court Structure and appeal process Resource 1I – Court Structure Slide 1 of 6 Hampshire County Council - Consumer Education Project within the Citizenship.

The Sale and Lease of Goods Chapter 7. Previous Contracts Governed Real estate Employment And personal Service In this chapter we will look at the law.

Offer and Acceptance.  Offer and Acceptance- Both sides agree on mutual terms  Genuine Assent- Entering under your own free will (Not being forced)

Chapter 2 An Introduction to Forwards and Options.

Back to Table of Contents pp Chapter 26 How to Get and Keep Credit.

Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO3Classify accounts as assets, liabilities, or owner’s equity and demonstrate their.

 Outstanding money owed by consumers  Examples  Credit Card Debt  Student Loans  Mortgages.

How Contracts Arise Chapter 5.

Social Responsibility of Business and Government

Pronouns and Antecedents. A pronoun must agree with its antecedent in three ways: Person (1 st, 2 nd or 3 rd ). Number is the quality that distinguishes.

UNIT 4: Consumer and Housing Law Chapter 23 Contracts

Chapter 4 “going into debt”

Statutory Rights As a consumer you have Resource – 2E – Your Statutory Rights (KS3) Slide 1 of 3 Hampshire County Council – Consumer Education Project.

What is Civil Law? What is Criminal Law? Resource 1F (KS4)– Civil and Criminal Law Defined with Examples Slide 1 of 12 Hampshire County Council – Consumer.

Consumer Law Legislative controls to protect the consumer Resource 2H – Legislative Controls (KS4) Slide 1 of 8 Hampshire County Council – Consumer Education.

Understand credit management 1. 2  What is credit? Credit is the privilege of using someone else’s money for a period of time.  Who uses credit? ◦

Personal Finance Part 1.  _don_t_eat_the_marshmallow_yet.html _don_t_eat_the_marshmallow_yet.html.

CHARACTERISTICS OF THE MARKET SYSTEM. PRIVATE PROPERTY RIGHTS/CONTRACTS 1.People have the right to do what they want with their own money. 2.Private property.

Learning Target: How government works.  Election: the process when citizens vote  Tax: a fee citizens pay to the government  Mayor: the leader of a.

Basic Math Skills Lesson 10: Sales Tax p

Topic 4 : Know the features of a current account.

…the perfect match.  A producer is: that business goods are provide A makes or services.

WOW 5.  Checking account: A banking service wherein money is deposited into an account and checks are written to withdraw money as needed Example: Used.

5 th Grade Etiwanda School District. Match the Word with its definition to make information available to people to prevent someone from entering.

 A contract is an agreement between two or more persons to exchange something of value  What does it do?  It legally binds parties to do what they.

Lesson 1: Being an Informed Consumer. Overview of Lesson What is a consumer? When is someone NOT a consumer? What is a contract? What questions should.

CONTRACTS. CHAPTER 4: What is a Contract? Contract is any agreement enforceable by law. Not all agreements are contracts Agreeing to take out the trash.

An agreement to provide goods, services, or money for future payments with interest by a specific schedule; the use of someone else’s money for a fee.

Check Writing All About Checks.

Section 4.1 Agreements and Contracts. Section 4.1 Agreements and Contracts.

Section 4.1 Agreements and Contracts Section 4.1 Agreements and Contracts A contract is any agreement enforceable by law.

Mathematics Number: Percents Science and Mathematics Education Research Group Supported by UBC Teaching and Learning Enhancement Fund Department.

Do You Know Your Rights - Starter Definition of a Contract:  Definition:  A legally binding agreement, giving rights and obligations to the people.

Consumer Education Form I Level Click To Start. CONSUMER EDUCATION WHO ARE CONSUMERS? FACTORS AFFECTING CONSUMERS’ DECISION CONSUMER RIGHTS CONSUMER RESPONSIBILITIES.

CONTRACTS Negotiation and Drafting. What is a Contract  An agreement between two or more persons to exchange something of value  A legally binding promise.

Consideration CHAPTER 9-1 QUIZ REVIEW What is consideration?  Each side gains something  Fair but not necessarily equal  Change in your legal position.

Section % of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

Chapter 4.2 Types of Social Interaction Social interaction occurs on a daily basis in a variety of ways.

Chapter 2 – Linear Equations and Functions 2.2 – Linear Functions and Function Notation.

Lady and the Tramp Student Coaching Slides. Contracts are Legally Enforceable Agreements  Contracts are agreements enforced by courts consistent with.

CH 18 Sec 1 Credit Fundamentals. Using Credit × Credit- the privilege of using someone else’s money for a period of time × Debtor- anyone who buys on.

Back to Table of Contents pp Chapter 26 How to Get and Keep Credit.

 What was the last item of clothing you bought?  Why did you buy the item?  How much was it?  Were you satisfied with your purchase?  Why or why not.

My favourite item of clothing is a pair of boots. They are light brown casual boots. I really like them. I bought them in a shoe shop in London.

Who Wants To Be A Millionaire? Government and Citizenship Edition.

2.2.2.G1 The Basics of Taxes Advanced Level G1 Agenda Review of Insurance Key Terms Term vs Whole Life 3 Taxes Wise Prep Next time: more Wise prep.

Chapter 3:The American Free Enterprise System Advantages of the Free Enterprise System.

© 2013 Pearson Education, Inc., publishing as Prentice Hall. All rights reserved.2-1 The Payoff on a Forward Contract Payoff for a contract is its value.

Reading for Life : Real-Life Reading Skills Literature 8 – Mrs. Munnier.

Shopping Why do we shop?. Objectives You will be able to: Understand the difference between a need and a want Identify the factors that influence your.

JA Our City 3rd Grade Volunteer’s Name Volunteer’s Title Volunteer’s Company.

JA Our Community Name Title Company. Session 1 People in a Community Work Together 1.

Contract Law Forming a contract (The Elements) Validity Contract Types.

بسم الله الرحمن الرحيم. COMPANIES ACCOUNTING The Course Contents : (1) Accounting for Partnership. The Formation of the Partnership. The Net Income Allocation.

continued on next slide

continued on next slide

continued on next slide

CATEGORY ONE Enter category name on this slide..

Unit 1, Lesson 4 Insurance Policy as Contract

continued on next slide

continued on next slide

Presentation transcript:

What is a Contract? Every time you buy something from a shop you have entered into an agreement – this agreement is called a Contract Every time you buy something from anyone you have entered into a Contract What contracts have you made in the last few days? Resource 1A – What is a contract? (KS3)Slide 1 of 4 Hampshire County Council – Consumer Education within the Citizenship Curriculum

When you buy something There are rules You have expectations about what you are going to get The shopkeeper has expectations about how much you are going to pay. These expectations are called TERMS Resource 1A – What is a contract?(KS3)Slide 2 of 4 Hampshire County Council – Consumer Education within the Citizenship Curriculum

All contracts consist of TERMS which are the agreements that have been made – they may be written or unwritten for example if you are going to wash someones car one term of the agreement would be that they would pay you £5 Resource 1A – What is a contract(KS3)Slide 3 of 4 Hampshire County Council – Consumer Education within the Citizenship Curriculum

What have you paid for today? When you were paying for that item you were making a contract. What TERMS did you assume had been agreed? Resource 1A – What is a contract(KS3)Slide 4 of 4 Hampshire County Council – Consumer Education within the Citizenship Curriculum