Implied contract, Nature, Types, Example

Implied contract, Nature, Types, Example

Lien, Nature, Elements, Types, Benefits, Challenges

Lien, Nature, Elements, Types, Benefits, Challenges

Partnership Organization, Characteristics, Types, Advantages, Disadvantages

Partnership Organization, Characteristics, Types, Advantages, Disadvantages

Insolvency Accounts

Insolvency is a financial stringency i.e. when an individual or an organization/company is no longer capable to pay the debts he/it owes. Insolvency usually leads …

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, …

Types of negotiable instrument; Holder and Holder in due course

Types of Negotiable Instruments Promissory Note: In this case, the debtor is the one who makes the instrument. And he promises unconditionally to the creditor …

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 …

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