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.…
LEGALITY OF OBJECT 23.What considerations and objects are lawful and what not.The consideration or object of an agreement is lawful, unless it is forbidden by law ; or is…
1. PresentationByWaqas Balouch 2. TopicEssential of valid Contract 3. INTRODUCTIONContract is an agreementbetweentwo partiesWhere legal right are created , Such right are…
Slide 1Prepared by: Norazla Binti Abdul Wahab Slide 2 Contract may be void : Void illegality However, Contract Act 1950 does not distinguish that. Slide 3 Sect. 2 (d) of…
1. CA Siddharth RanjanVOID & VOIDABLE CONTRACTS-A BRIEF DISCUSSION1 CA Siddharth Ranjan“I like not fair terms and a villains mind.”-William Shakespeare (in The merchant…
1. LEGAL ASPECTS OF BUSINESS UNIT - I 2. LAW - DEFINITION Includes all the rules and principles, which regulate our relations with other individuals and with the state. •Law…
LEGAL ASPECTS OF BUSINESS Module I: Indian Contract Act, 1872 Nature and Types of Contracts, Essentials of valid contract Concepts of Offer and acceptance; Consideration,…
The Indian Contract Act, 1872 (Act no. 9 of 1872) CONTENTS Preamble Preliminary 1 Short title 2 Interpretation clause Chapter I Of the communication, acceptance and revocation…