1. Facts of the Case ‘A’, a seller, entered into a contract with ‘B’, a buyer, to sell “Java sugar” according to a sample produced […]
Tag: commercial law
3. ‘G’ Contracts with H to buy 50 easy chains of a certain quality. H delivers 25 chairs of the type agreed upon and 25 chairs of some other type, Does ‘G’ reject the chairs?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Goods Must Correspond with Description and Quality b) Delivery of […]
2. Mohan Lal delivers diamonds to Neel Kamal on sale or return basis. Neel Kamal delivers the diamonds to Om Prakash on sale or return. An unknown person takes away the diamonds from Om Prakash. Can Mohan Lal file a case against Neel Kamal for the price of the diamonds?
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 […]
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, […]
52. Discuss the Rights and Duties of Bailee.
Understanding Bailment and Bailee In everyday life, we often hand over our goods or belongings to others for safekeeping, repair, or transportation. This act is […]
51. What are the various methods by which a Surety is discharged?
Understanding Suretyship and Discharge In the world of business and credit transactions, suretyship plays a vital role in building trust between lenders and borrowers. A […]
50. Discuss the Implied Conditions and Warranties governing the transaction of Sale of Goods
Understanding Sale of Goods and Its Legal Framework A contract of sale is one of the most common and vital commercial transactions. It involves the […]
49. What are the various modes for Dissolution of a Partnership Firm?
Understanding Dissolution of Partnership A partnership firm is formed when two or more persons agree to carry on a lawful business and share its profits […]
48. Explain the various modes by which an Agency may be terminated.
Understanding Agency and Its Termination In the modern business world, the concept of agency is crucial for conducting trade, contracts, and transactions efficiently. An agency […]