Category: Business management

Meaning of Hire-Purchase Agreement

Hire-purchase agreement is an agreement by which goods is let on hire and the hirer has an option to purchase it in accordance with the terms of the agreement; under. 1.Possession of goods is...

Relevant rules Regarding Acceptance

The following might be the relevant rules in connection with the acceptance: (1) Acceptance Must Certainly be Communicated. The acceptance shall be considered to be valid only when the acceptance has been communicated. Merely...

Meaning of Acceptance

Any offer or proposal is put with the intention that the acceptance could be received as per its object or aim. The ‘acceptance’ establishes the legal relations between the proposer and the acceptor. According...

Statutory Rules Regarding Offer

DOWNLOAD YOUTUBE REVANCED The following legal rules concerning the offer are quite important: (1) Offer Must be Made with the Object of Establishing Legal Relationships. There must be established the legal relations between the...

Rights of the Surety

DOWNLOAD YOUTUBE REVANCED MOD APK After making the payment and discharging the liability of the principal debtor, the surety gets various rights. Such rights are of three types as follows: (i) rights against the...