ASSIGNMENTS MB0035 LEGAL ASPECTS OF BUSINESS (3 credits) Set I Marks 60 Each question carries 10 marks 1. What are the essentials for a Valid Contract? Describe them in details.…
INDIAN CONTRACT ACT, 1872 Introduction The English Connection: Common law: precedents & customs. Equity: natural justice. Pacta sunt servanda: agreements…
Indian Contract Act 1872 SAINTGITS i.e., a duty enforceable by law. (1) An agreement, and contract.’ A contract, therefore, is an agreement the object of which is to create…
DEFINITION (Sec 182) An agent is a person employed to do any act for another or to represent another in dealings with third persons. The person for whom such act is done,…
Capacity To Contract 1 1. 2. 3. One of the essentials of a valid contract, mentioned in section 10, is that the parties to the contract should be competent to make the contract.…
LEGAL ASPECTS OF ADVANCES y Borrowers may be classified into the following y y y y y y important categories: Individuals/ Sole-Proprietorship Partnership firms Companies…
Who are the Citizens of the Philippines? A Filipino citizen may be considered natural-born or naturalized citizen. Both statuses bestow upon the individual certain privileges…
1. ONCE UPON A KINGDOMA Build A Royal Kingdom Challenge 2. Hyperia’s prosperity has attracted the legendary Robin Hood to itsborders. So far he has not made a move against…