Rights of an Unpaid Seller
The rights of an unpaid seller are classified as following 1.Rights of an unpaid seller against the goods; and 2.Rights of an unpaid seller against the buyer. (1) Unpaid Seller’s Rights Against the Goods...
Category: business Law
Right of the Seller
As per Sec. 27 of the Sale of Goods Act, no buyercould acquire a title better than that of the seller. Whatever kind of the right is possessed by the seller, good or bad,...
Revocation of Continuing
Guarantee
Continuing guarantee may be revoked in any of the following ways: 1. By notice of revocation: Section 130 of the Contract Act lays down that a continuing guarantee may be revoked at any time...
Performance of joint Promises
When there are more than one promisor or promisee in a contract, it is known as joint promise. Joint promises may take any of the following shapes- 1.Where several joint promisors make a promise...
Who can demand performance?
It is only the promisee who can demand performance of the promise under a contract. A third party can not demand performance of the contract even if it was made for hisbenefit. In case...
Condition under froud consent shall not be callee to be free
Fraud means and includes making of a false statement knowingly it to be untrue or concealing a material fact knowingly with an intention to defraud the other party and to induce him to give...
Condition under Mistake consent shall not be called to be free
Mistake may be described as n erroneous belief about something. A contract may be caused by mistake when both the parties to the contract do not agree to the same thing and in the...
The under influence condition under which consent shall not be call to be free
Under influence When one party to the agreement compels the other party to give his consent against his will because he stands in such a position that he can exercise his pressure to persuade...
The condition under which consent shall not be call to be free
Coercion Condition When a person compels the other party to enter into a contract by the use of force or threat, he is said to have employed coercion and the consent is not free,...
Rules regarding contracting made by minors in persons declared incompletent by law
Rules regarding contracting made by minors in persons declared incompletent by law The following persons are deemed to be disqualified to enter into a valid contract: (1) Alien Enemies. An alien is a person...