…and I realised, I have contributed over 200 posts in this blog.
Phew…I feel that is really a feat.
It is very easy to create a blog, but to maintain it, you need patience, you need energy and you need a DIEING INTEREST to share your knowledge with the public.
Today’s post, I will like to share with you on what is a contract and what constitutes a contract.
I remembered learning about contractual law while studying one of my favourite modules, Business Law back in Ngee Ann Polytechnic and I revisit this this theory again, while studying for my (BICP) Basic Insurance Concepts and Principles examination.
…and now,I am taking my first module for my CFP course, Foundations In Financial Planning, I am visiting this concept again.
So…again, what exactly constitutes a VALID contract?
For a contract to be valid, there must be 4 things.
1) Offer
Example: I OFFER you to take up insurance.
2) Acceptance
Example: You ACCEPT by signing the contract.
3) Intention To Create Legal Relation
Example: You understand that I am your FINANCIAL ADVISOR and you are my CLIENT.
4) Consideration
Example: You pay the premium to me in EXCHANGE for your coverage.
So in order for a contract to be legally binding, these 4 elements must be imminent.
Any one of the elements missing, the contract is VOIDABLE.
Think of all the contracts that you have signed…. Is it binding? 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I, Helmi Hakim, will like to wish all our Indian friends, Happy Deepavali.
May all have a joyous celebration! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I just found chanced upon a song on Singapore most famous, jealously guardedERP gantries.
We understand the government had reduced the ownership taxes, ARF, excise duty and so on, and at the same time issued more COEs to ensure more Singaporeans are able to afford buying cars.
The major policy shift from ownership to usage thus prompt the idea of the most revolutionary ERP (Electronic Road Pricing).
The government pragmatic move in pushing up ERP to control traffic congestion in Singapore is understandable.
I can go on,yet I dont want….enjoy the song. Very creative! 🙂
P.S: You can click the link below,if you want to view the Singapore National Day Rally Speech 2008 on why Singaporeans need ERP.Click Here
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I feel like losing my momentum, energy sapping out…
I get swayed, doubtful of my goals that I have set.
Can I ACHIEVE them?
Can I not?
Beautiful songs wake me up….to propel and fight all my way out to achieve my goals.
Enjoy the song below and take note of the lyrics. Enjoy! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
As you can see,these few days,you have been witnessing a REVOLUTIONARY change in the design of HelmiHakim.com
I am GLAD and HAPPY with the help rendered by Bro Hafihz in bringing this blog to a new level. 🙂
A lot of changes is coming our way,NEW office, NEW blog design,NEW hari raya clothes NEW girlfriend…
and I am 97% DONE in developing the “Powerful Thoughts To Make You Rich” email system as a follow up methodology for all my clients.
Its 3 more months MORE and we will celebrate NEW YEAR.
Let us all work together to ensure that we accomplished our 2008 GOALS and aspirations.
Ameen! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients’ financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.
