Description: Section 38 1 of the Contracts Act 1950 provides that the parties to a contract must either perform or offer to perform their respective promises, unless such performance has been dispensed with by any law.
The act that deals with acceptance is Section 2 (b) of Contract Act 1950 states that when the person; the one who the proposal is made to has signifies his assent, the offer is said to be accepted and become a promise. It can be expressed in some usual or reasonable manner, unless the proposal describes the way it is to be accepted.
3 LAWS OF MALAYSIA Act 136 CONTRACTS ACT 1950 ARRANGEMENT OF SECTIONS PARTI PRELIMINARY Section 1. Short title 2. Interpretation PARTII OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS 3. Communication, acceptance and revocation of proposals 4. Communication, when complete 5. Revocation of proposals and acceptances 6.
Malaysia Contracts Act 1950 - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Summary of the Sections Laws under Contracts Act 1950. An easy reference to the particular sections when necessary.
The administering contract in the enactment in Malaysia is the Contracts Act 1950 (Act 136) (overhauled 1974). English law applies by temperance of the Civil law act 1956, where the agreement demonstration has particular stipulation which is dissimilar to from English law, the necessity of the agreement demonstration 1950 must prevail There are.
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