Meaning of Specific Goods Specific Goods are defined under Section 2(14) of the Sale of Goods Act, 1930 as goods that are identified and agreed […]
Tag: business law
36. Agency by Operation of Law.
Meaning of Agency by Operation of Law Agency by Operation of Law arises not from an express agreement between parties but automatically due to circumstances […]
34. Movable Goods.
Meaning of Movable Goods Movable goods refer to all kinds of goods that are tangible and capable of being moved from one place to another, […]
33. Contract of “Suretyship”.
Meaning of Contract of Suretyship A Contract of Suretyship is defined under Section 126 of the Indian Contract Act, 1872. It is a contract in […]
32. Registration of a Firm.
Meaning of Registration of a Firm The Registration of a Firm refers to the process of formally recording the existence of a partnership under the […]
31. Partnership at Will.
Meaning of Partnership at Will A Partnership at Will is a form of partnership where no specific duration of the partnership is fixed, nor is […]
9. Pledge by non-owner.
Meaning of Pledge by Non-Owner Normally, only the owner of goods has the right to create a valid pledge. However, under certain circumstances, even a […]
8. Indemnity
Indemnity – Meaning and Definition The term indemnity means to make good the loss of another person. Under Section 124 of the Indian Contract Act, […]
9. What is a letter of Credit ? Discuss the merits and demerits of letters of credit.
Introduction to Letter of Credit A Letter of Credit (LC) is a document issued by a bank, guaranteeing that a buyer’s payment to a seller […]
13. Write about Trademarks Act 1999
Trademarks Act 1999 – A Complete Insight India’s growing economy needed a robust system to protect intellectual property rights. In response to this demand, the […]