Contract and Debit card: Difference between pages

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imported>Doug Williamson
(Link with Tort page.)
 
imported>Doug Williamson
(Linked to The Treasurers Handbook - Payments and payment systems)
 
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A legally binding agreement between two parties.
A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).
 
Essential elements of an enforceable contract under English law include offer and acceptance, consideration, and legal capacity to contract (together with other legal requirements).
Online settlement requires a personal identification number (PIN) to initiate the transaction.
 
 
The fundamentals of contract law are similar throughout the countries of Europe, the US and many other jurisdictions.
 
However, each jurisdiction has its own individual contract law and, although these may be similar in many respects, they can also be significantly different in essential elements, for example in relation to the requirement for [[consideration]].  




== See also ==
== See also ==
* [[Assignment]]
* [[Cheque guarantee card]]
* [[Breach of contract]]
* [[Personal identification number]]
* [[Capacity]]
* [[Credit card]]
* [[Condition]]
* [[Payments and payment systems]]
* [[Consensus in idem]]
* [[Consideration]]
* [[Contra proferentem]]
* [[Counter-offer]]
* [[Deal]]
* [[Eiusdem generis]]
* [[Engagement letter]]
* [[Exemption clause]]
* [[Express term]]
* [[Frustration]]
* [[Implied term]]
* [[Indemnity clause]]
* [[Invitation to treat]]
* [[Lease]]
* [[Liquidated damages]]
* [[Long term contracts]]
* [[Minor]]
* [[Misrepresentation]]
* [[My word is my bond]]
* [[Open interest]]
* [[Performance risk]]
* [[Privity of contract]]
* [[Repudiation]]
* [[Restrictive covenant]]
* [[Service agreement]]
* [[Sweetheart deal]]
* [[Tort]]
* [[Trade]]
* [[Warranty]]
* [[Zero hours contract]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Cash_management]]

Revision as of 16:23, 29 November 2014

A card enabling the holder to have purchases directly charged to funds on an account at a deposit-taking institution (this may sometimes be combined with another function, for example, that of a cash or cheque guarantee card).

Online settlement requires a personal identification number (PIN) to initiate the transaction.


See also

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