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b-law notes unit-1:- contract act q1. define contract? discuss the essential elements of valid contract? (or) law of contract is not the whole of law of.
Business law has day to day application in any kind of business. Business managers . Click on the link below for more Study Material on MBA/BBA. Free MBA.
TIRUNELVELI 627012, TAMIL NADU. B.B.A. - II YEAR. DJB2D - BUSINESS LAW. (From the academic year-17). Most Student friendly University - Strive to.
BBA LLB with specialization in Business Law. Legal Method. Financial Management. Human Resource Management. Law of Contract-I. Organizational.
Sep 1, UNIT 1 1 Indian Contract Act: Definition and essentials VIEW 2 Contracts Agreements VIEW 3 Offer & Acceptance Consideration VIEW 4.
BBA: 4 th. Semester. Business Laws. Code: 210. Objective: The objective of this assignment is to provide basic knowledge to the students about business.
A bill is a negotiable money market instrument used to finance trade related transactions. According to the Indian Negotiable Instruments Act, 1881, “It is an.
From Business Law
Coercion vs undue influence:
Consumer responsibilities (any three):
Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business. Business laws establish the rules that all businesses should follow.
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Bailment is delivery of goods by bailor to bailee for a purpose, with an obligation to return/dispose goods after the purpose is completed. Example: giving a watch for repair.
Pledge is a special type of bailment where goods are delivered as security for payment of debt or performance of a promise. Example: pledging gold to bank for loan.
Rights of pledgee (pawnee):
Therefore, pledge is bailment with the additional element of security, giving pledgee special rights.