CCSU(BBA) 105 Business Laws

UNIT 1 1 Indian Contract Act: Definition and essentials VIEW 2 Contracts Agreements VIEW 3 Offer & Acceptance Consideration VIEW 4 Capacity of parties Free …

Need for Tax Reforms

Following the crisis of early 1990s, fiscal re­forms were launched. Such reforms aimed at improving efficiency, production, and com­petitiveness of Indian industries and impart­ing dynamism …

Contract of Bailment & Pledge

Bailment and Pledge are two special contracts that are often confused. Every pledge is a bailment but every bailment is not pledge. Bailment means a …

Negotiable instrument Act: Meaning and essential elements of a Negotiable instruments

The law relating to “negotiable instruments” is contained in the Negotiable Instruments Act, 1881. The Act extends to the whole of India. The Negotiable Instruments Act, 1881, …

Negotiation of Negotiable instruments

The negotiation has been defined under section 34 of The Negotiable Instrument Act as follows: ‘When a promissory note, bill of exchange or cheque is …

Dishonor of Negotiable Instruments

You might have heard of a cheque bouncing due to insufficient funds. There might arise disputes in regard to acceptance of a negotiable instrument, similar …

Agency Contract, Nature, Elements, Formation, Termination, Advantages and Challenges

Agency Contract, Nature, Elements, Formation, Termination, Advantages and Challenges

Duties and Rights of Agent and Principle

In a contract of agency, the principal appoints an agent to perform some specific task or business on his behalf. The principal is bound by …

Laws of Sales of Goods: Definition and essential of a Contract of Sale

Sale of commodities constitutes one of the important types of contracts under the law in India. India is one of the largest economies and also a …

Right of Unpaid Seller

Right of Unpaid Seller

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