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 […]
Tag: contract law
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 […]
37. Specific Goods.
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 […]
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 […]
26. Rights of Pawner.
Meaning of Pawner and His Rights A Pawner is the person who delivers goods to another (the Pawnee) as security for payment of a debt […]
25. Caveat Emptor.
Meaning of Caveat Emptor Caveat Emptor is a Latin term meaning “Let the buyer beware.” Under the Indian Contract Act, 1872, it is a fundamental […]
23. Contract of Guarantee.
Meaning of Contract of Guarantee A Contract of Guarantee is defined under Section 126 of the Indian Contract Act, 1872. It is a contract where […]
LLB Question Bank: Your Ultimate Guide to Exam Preparation
What Is an LLB Question Bank (and Why It Works) An LLB Question Bank is more than just a collection of questions—it is a strategic […]
