Unpaid Seller and Rights of Unpaid Seller

In a contract of sale, the buyer has an obligation to pay the price of the goods to the seller. If the buyer fails to …

Agency and Bailment Contracts

Agency Agency in contract law refers to the relationship between two parties in which one party, called the principal, appoints another party, called the agent, …

Contract of Guarantee and Pledge

A contract of guarantee is a type of contract in which one party (the guarantor) undertakes to fulfill the obligations of another party (the principal …

Contract of Indemnity

Contract of Indemnity

Indian Contract Act, 1872, Introduction, Meaning, Objectives, Scope, Essential Elements, Applicability, Provisions and Importance

Indian Contract Act, 1872, Introduction, Meaning, Objectives, Scope, Essential Elements, Applicability, Provisions and Importance

BCOM104 Business Laws GGSIPU B.COM 2nd Sem Notes

BCOM104 Business Laws GGSIPU B.COM 2nd Sem Notes 2021-2022 Onwards

Freelancing

Person who is self-employed and not necessarily committed to a particular employer long-term. Freelance workers are sometimes represented by a company or a temporary agency …

Quasi Credit Facilities: Advantages of Non-Fund Facilities, Various types of NFB Facilities, Various types Letter of Credits, Assessment of LC limits, Bills Purchase/ Discounting under LC

The Companies Act 1980 introduced the legal term ‘quasi-loan’ in sections concerning the restrictions on companies making loans to directors. A quasi-loan arises when the …

Designated partners and their liabilities in LLP

LLP must have at least two individuals as Designated Partners. At least one of the Designated Partners must be resident in India. A body corporate …

Derivatives v/s Swaps

The one big similarity is that, both are forward contracts. But, the big and the really big difference is on the underlying asset. Swaps do …

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