Differences between a Company and Partnership The special features of a joint stock company can be well understood if we compare the features of a company form of
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
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
Although the fundamentals of a bill of exchange are very close to that of a promissory note, yet there are several points of distinction between the two, which
Rights of Partners in a Business Partnership 1. Right to Take Part in the Conduct of the Business Sec. 12(a) stipulates that each partner in a business partnership
7 Important differences between Pvt Company and Public Ltd company Following are the important points of distinction between a private company and a public company: 1. Transferability of