1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Sale or Return Contract b) Transfer of Property and Risk […]
Tag: business transactions
54. A buyer cannot get a better title than what the seller had it. What are the exceptions to this Rule?
Understanding the Rule In commercial law, the principle of “Nemo dat quod non habet” — Latin for “No one gives what he does not have” […]
53. Explain the effect of death, insanity and Insolvency of the principal or the Agent on a Contract of Agency
Understanding Agency and Its Termination Agency is a core concept in contract law, enabling a person, called the agent, to act on behalf of another, […]
47. Define “Contract of Guarantee” and discuss the Rights of a Surety
Understanding the Concept of Guarantee In commercial and financial transactions, trust is essential. However, when one party doubts another’s ability to fulfill obligations, a third […]