Partnership Organization, Characteristics, Types, Advantages, Disadvantages
by Partnership Organization, Characteristics, Types, Advantages, Disadvantages
Tag: Quasi contract
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 …
Quasi Contract, Nature, Elements, Types, Examples
Quasi Contract, Nature, Elements, Types, Examples
Income and their Relationship
#1. Gross National Product (GNP): It is the total value of all final goods and services produced in the economy in one year. In the …
You must be logged in to post a comment.