Understanding Frauds by Company Officers Frauds by officers of a company occur when directors, managers, or other officers misuse their position to deceive the company, […]
Tag: fiduciary duty
Sajjadanashin.
Sajjadanashin – Meaning and Legal Concept The term Sajjadanashin is derived from the Arabic words “Sajjada” (carpet or prayer mat) and “Nashin” (one who sits), […]
38. A retailer received the goods from an agent of the firm X and paid the amount to the agent who misappropriated it. Discuss the liability of the agent and the firm X.
1. Facts of the Case A retailer purchased certain goods from an agent who represented Firm X. The retailer made the payment for the goods […]
19. A directs B his agent to buy a certain house form him. B tells A that, it can’t be bought at it is already sold out, but buys the house for himself. A came to know about the travel committed by B. Can A compel B to sell the house to himself? Decide.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Section 217 – Right of Principal to Benefits Gained by […]
6. What is Contract of Agency? What are the essentials of relationship of Agency?
The Role of Agency in Business In modern business and commerce, individuals and organizations often rely on representatives to act on their behalf. This legal […]
11. An advocate should keep accounts of the client’s money.” Explain the rules relating to accountancy of lawyers.
In the legal profession, trust and transparency are paramount. One critical area where these values must be upheld is in the handling of a client’s […]