Tag: business law
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 …
Business Law
What is a Share Warrant? A Share Warrant is a document issued by the company under its common seal, stating that its bearer is entitled to the shares or …
Business Law
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 of …
Business Law
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 of …
Business Law
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 Exemplary …
Business Law
What is a Particular Lien? Particular lien is one in which the person has a right to retain the possession of goods for which the charges are due. Particular …
Business Regulatory Framework
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 the …
Business Law
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 is …
Business Regulatory Framework
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 up …
Business Regulatory Framework
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 goods. …
