Influencer and education

  QUESTION 3 : “In a contract of Sale of Goods, “Risk prima facie passes with property”. Comment... MARCH 20, 2021 QUESTION 3 :  “In a contract of Sale of Goods, “Risk prima facie passes with property”. Comment.  A sold goods to B on 15 th  February 2021 on 30 days credit. B does not pay on the  scheduled date. A however extends the period of credit to 30th March 2021. What  rights A has against B .Will the answer be different if A does not extend the period of  credit. In the light of the above bring out the difference between Right of Lien and  Right of Stoppage of goods in-transit. Answer : Section 26 of the Sale of Goods Act, 1930 states the goods are the owner’s risk if the property in them has not been transferred to the buyer. But if the property has been transferred to the buyer then the goods are buyer’s risk. This provision is applicable if no specific provision has been signed by the parties to the contract in their contract regarding t...

 2. “Can an agent delegate his powers?” In light of this statement bring out the difference between Sub-agent and Substituted agent. A has lost his share certificate of DCM Ltd. He applies to the company for a duplicate. What will the company ask him to furnish? Does it give rise to a contract and who are the parties? Why is it asked? Define it giving examples and explain its features.  ANSWER : Section 191 gives the definition of sub-agent in these words: A sub-agent is a person employed by and acting under the control of the original agent in the business of the agendy: So sub-agent is the agent of the original agent. As between themselves, the relation of sub-agent and original agent is that of agent and principal. But to this general rule there are certain exceptions, where the agent is permitted to delegate his authority. He may appoint sub-agents. In the following cases: Where the principal has expressly allowed his agent to appoint sub-agent. His consent may. also be im...

 Question 1 : Discuss the law relating to communication of offer, acceptance and revocation under Section 4 and Section 5 of the Indian Contract Act. Answer :  Communication of Offer and Acceptance One of the fundamentals of contract law is that an offer cannot be revoked after the offeror has communicated it to the offeree. Thereupon, the offer becomes legally binding on the two parties. So when is the communication complete? Effective communication of the offer and a clear understanding of it is important to avoid misunderstanding between all the parties. No difficulty shall arise when the parties are communicating face-to-face. This is primarily because communication takes place in no time. The offer and its acceptance is communicated on the spot, creating no confusion. However, in practically, the situation is quite complex. The communication takes place via letters, emails etc. So, for these cases, timeline of the communication is important. Communication of Offer Section...

  LOGIN JOIN NOW Business Laws  >  Indian Contract Act 1872: Part I  >  Communication of Offer and Acceptance and Revocation of Offer Indian Contract Act 1872: Part I Communication of Offer and Acceptance and Revocation of Offer We know that two very important aspects of a  contract  are the offer and the acceptance of the offer. However, in the practical world of business and  economics , the communication of the offer and the acceptance and the timings of these are also very important factors. Let us look at this communication timeline and also learn about the revocation of an offer. Communication of Offer and Acceptance Now we have seen previously that an offer cannot be revoked after the offeror has communicated it to the offeree. Then the  offer  becomes binding, it creates  legal  relations between the two parties. So when is the communication complete? Effective communication of the offer and a clear understan...

  Thanks for visiting  I am here to give you notes which helps you to fetch more marks in your OBE exams  Here is the link 🔗- https://drive.google.com/folderview?id=10xf97GcvzjXdKhejheQsDxdswv-CbiXh Share with your friends👭👬

Coronavirus Lockdown 2021 in India Live Updates:  It’s official! India is witnessing the second wave of coronavirus. Days after health experts and some officials spoke about it, on Wednesday, the confirmation of the second wave came from the highest office of the Modi government with the Prime Minister himself stating it. During an important, critical virtual meet with all Chief Ministers, PM Modi said that it was necessary to stop the ‘emerging second wave’ of the coronavirus. From ramping up the vaccination to increasing the RT-PCR testing (instead of antigen testing), PM Modi told the states to do whatever necessary to halt this viral surge

 As we all know that CA is one of the toughest exam in India but lots of student who chosen commerce in class 11 are trying to pursue this course.  So i request you to all the student who choose this course BE MOTIVATED ..  Thanks ❤