Category: Business Law
Business Law
Transfer of Ownership The word “Property in the Goods” means the legal ownership or title to the goods. Sale of goods involves transfer of ownership or property from the …
Business Law
Advantages of Corporate Enterprises In modem days, the company form of organization is acquiring more and more importance. This is due to the various advantages that are not available …
Business Law
Who is an Unpaid Seller? An unpaid seller is one to whom the whole of the price has not been paid or a bill of exchange or such other …
Business Law
Rules Regarding Dividend The Companies Act provides various rules regarding the declaration and payment of dividend. They are summarized below: 1. Right to Recommend the Dividend The right to …
Business Law
Duties of a Partner in Partnership The following are some of the important duties of partners in a partnership. To observe good faith. To Indemnify for Loss. To Attend …
Business Law
Methods of Borrowing by a Company Almost all trading companies, in the course of their operation, stand in need of money over and above their paid-up capital. They satisfy …
Business Law
Types of Partners in a Business Partnership Partners are of different kinds in a business partnership. They are as working partner, sleeping partner, nominal partner, partner by estoppel, limited …
Business Law
What are the Rights of Partners on dissolution of Partnership? On the dissolution of partnership, a partner has the following rights. Right to an equitable lien Right to return …
Business Law
Essential elements of a valid sale or a contract of sale The following are some of the essential elements of a valid sale or a contract of sale. 1. …
Business Law
Differences between a Sub-Agent and a Substituted Agent The following are some of the differences between a Sub-Agent and a Substituted agent. 1. Control: A sub-agent is the agent …
