Question

discuss why certainty in an essential element in any bona fide agreement. You must in addition...

discuss why certainty in an essential element in any bona fide agreement. You must in addition to other requirements discuss a minimum of 5 case laws on the issue at hand as well as outline the facts of each mentioned case as it relates to the issue.

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Answer #1

Bonafide agreement is a contract between two (both persons or groups). certainity is an essential element in this agreement, with out certainity the agreement doesn't up hold. If certainity or assurance is not lawfully prescribed in the contract one person can be cheated easily.eg: in a house rental bonafide intialy both parties aggreing all the contract terms. In between the period suppose if house rented party disobeys the terms and not paying rent , then house owner loss his income. That's why certainity is considering essential in bonafide agreement.   5 cases of bonafide agreement requirement. 1.bonafide necessity of land lord 2.bonafide occupational education qualification 3.bonafide educational service 4.bonafide purchaser 5.bonafide foreign resident

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