Consideration and SSC: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Link with SSIs page.)
 
Line 1: Line 1:
1. ''Contract law.''
Shared Service Centre.


A required element in a contract under English law by which something of value, including a promise, is exchanged for the act or promise of another.
(Not to be confused with SSIs.)
 
Note that other legal systems may differ significantly. 
 
For example in Scots law a unilateral undertaking that is intended to have legal effect, such as a promise, is legally binding (without the need for consideration to pass from the recipient of the promise).
 
 
2.
 
More generally, thoughtfulness and sensitivity towards others.
 
 
3.
 
To act with courtesy and consideration is one of the principles of the ACT's Ethical Code.




== See also ==
== See also ==
* [[ACT Competency Framework]]
* [[Shared Service Centre]]
* [[ACT Ethical Code]]
* [[SSIs]]
* [[Consensus in idem]]
* [[Contract]]
* [[Courtesy]]
* [[Quid pro quo]]
* [[Underwriting]]
 
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 09:31, 9 November 2013

Shared Service Centre.

(Not to be confused with SSIs.)


See also