Partnership as a Legal Relationship In the world of business, partnership is one of the oldest and most flexible forms of business organization. A partnership […]
Tag: business law
7. Explain the Nature of a contract of sale of goods and bring out clearly the distinction between a sale and an agreement to sell.
Foundation of Commercial Transactions In modern commerce, the sale and purchase of goods are fundamental to every business operation, from retail stores to international trade. […]
6. What is Contract of Agency? What are the essentials of relationship of Agency?
The Role of Agency in Business In modern business and commerce, individuals and organizations often rely on representatives to act on their behalf. This legal […]
4. Define “Condition” and “Warranty”. Distinguish between condition and warranties
Foundation of Buyer–Seller Relationship In commercial transactions, especially in the sale of goods, the law provides certain protections to both the buyer and the seller […]
67. Liability of Estate of Deceased Partner.
Meaning and Concept Under the Indian Partnership Act, 1932, a partnership firm is an association of persons who carry on business jointly with a view […]
42. Termination of Agency.
Meaning and Legal Provisions The concept of Termination of Agency is governed by the Indian Contract Act, 1872 under Sections 201 to 210. An agency […]
41. Consequences of Non Registration of a Firm
Meaning and Legal Provision Under the Indian Partnership Act, 1932, the registration of a partnership firm is not compulsory, but Section 69 clearly provides the […]
40. Sub Agent
Meaning of Sub-Agent A Sub-Agent is defined under Section 191 of the Indian Contract Act, 1872. A sub-agent is a person employed by an agent, […]
39. Mercantile Agent.
Definition of Mercantile Agent A Mercantile Agent is defined under Section 2(9) of the Indian Sale of Goods Act, 1930. It refers to an agent […]
38. Actual Delivery.
Meaning of Actual Delivery Actual Delivery refers to the physical handing over of goods by the seller to the buyer or their authorized agent. Under […]