Understanding Contract of Guarantee In the world of commerce and finance, transactions often involve an element of trust — but trust alone is rarely enough. […]
Tag: Commercial Transactions
42. Define “Contract of Sale of Goods”, and distinguish the Contract of Sale from the Agreement to Sell
Understanding Contract of Sale of Goods In commercial transactions, buying and selling of goods forms the backbone of trade. The law ensures that these transactions […]
8. What are the legal presumptions of a Negotiable instrument?
The Negotiable Instruments Act, 1881 is the key legislation governing the usage of negotiable instruments like promissory notes, bills of exchange, and cheques in India. […]