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
What is a Wagering Agreement? Agreements entered into between parties under the condition that money is payable by the first party to the second party on the happening
Agreements Opposed to Public Policy An agreement which is opposed to “Public Policy” cannot be enforced by either of the parties to it. Public Policy is the “Policy
Types of Damages for Breach of Contract There are four types of damages which can be claimed by the aggrieved party. Ordinary Damages or General Damages. Special Damages
Relationship between the Memorandum and Articles The following are some of the relation between Memorandum of Association and Articles of Association. 1. Both these documents are subordinate to
Definition of Mercantile Law or Business Law Mercantile law may be defined as that branch of law which consists of laws relating to trade, industry and commerce. It
Voluntary winding up is of two types. They are Members Voluntary winding up, and Creditors’ Voluntary Winding up. This article discusses the procedures pertaining to Members’ Voluntary Winding
What is Caveat Emptor? The maxim Caveat Emptor means let the buyer beware. In other words, the buyer must take care of his own interest while purchasing the