menhadi

INTRODUCTION : As we all know a Market is a place where buyers and sellers unite to exchange goods and services and facilitate transactions. Buyers can either buy through cash or credit, depending on their agreement with the sellers. Cash transactions are generally rapid and done hand to hand, and there is a very limited […]

A revocation of the offer is the cessation of a prior proposal to enter into a legally binding deal. The original offer must have been that kind of, and if the other party had formally accepted it, this would have instantly become legally enforceable. The offering party makes Revocation of an offer to lawfully cancel

What Is A Breach Of Contract? Breach of contract is defined as the violation of any terms and conditions that can bind a contract. There can be different reasons for breach such as late payments, a serious violation of any law or failure to deliver a particular asset.  If two parties are involved in a

Introduction A partnership is a relation between two or more people who’ve already agreed to do business collectively and divide the earnings from a business by all of them or by one acting on behalf of all of them. Individuals that have formed a partnership with one another are referred to as Partners, and the

What is a Partnership Firm? A partnership firm is defined as an association where one or more parties come together and run a business to earn profits. According to the constitution of India, “A partnership is a relationship between individuals who have agreed to share profits from a business carried on by them all or

The word ‘quasi’ means almost. Quasi-contracts are those contracts (agreements enforceable by law) that are imposed by court orders to prevent a party from wrongfully benefitting from the other. Quasi-contract arises without having a formal contract but out of rights and liabilities of individuals. The focus is to uphold justice and fairness. The contract intends

Introduction: An offer and acceptance contract is an agreement where the parties offer goods, services, money, or promises to each other. For an offer to be accepted, there must be a meeting of the minds. If the parties have not agreed on all terms of the contract, they have not met the standards. Before it

A Comprehensive Guide to the Nature of Contracts Contracts have occupied a significant place in the regular vocabulary of individuals, especially those that are engaged in various forms of business operations. It is usually understood as a form of understanding between two or more persons, by which rights are acquired on the one side to

To understand the meaning of Free Consent clearly, it is important to know the meaning of Consent.  Consent is an agreement formed between two or more parties mutually on the same what they desired or wanted to convey with one another. An agreement can be written or an oral agreement. The written agreement is preferred

Starting a business is an exciting time, but it’s imperative to make sure you are doing things the right way. There are many legal things you need to think about when starting a business. For example, you need to choose the right business structure and get appropriate licenses and permits. In this post, we will