BCOC-133 Assignment Answer Links – 2025 Below are the direct links to all the answers for the BCOC-133: Business Law assignment (2025). Click on each question to read the complete answer. Who are treated as persons of unsound mind? State the legal positions of contracts with such persons. “Insufficiency of consideration is immaterial, but a […]
BCOC-133 Assignment Answer Links – 2025 Read More »
Differentiate Between a Bill and a Cheque Introduction In commercial transactions, both bills of exchange and cheques are widely used instruments for making payments. While they are similar in some ways, they differ in many aspects such as usage, validity, parties involved, and legal treatment. Understanding the differences between a bill and a cheque is
Differentiate between a bill and a cheque. Read More »
Write a Note on Pledge by Mercantile Agent Introduction The concept of pledge is a special kind of bailment under the Indian Contract Act, 1872. A pledge involves delivering goods as security for the repayment of a debt or performance of a promise. Normally, only the owner of goods or someone authorized by the owner
Write a note on pledge by mercantile agent. Read More »
“Mere Silence as to Facts is Not Fraud” – Explain with Examples Introduction In any contract, honesty and full disclosure are important. But does staying silent count as cheating or fraud? According to the Indian Contract Act, 1872, mere silence does not amount to fraud. In other words, just because someone did not speak up
“Mere silence as to facts is not fraud”. Explain with examples. Read More »
“In Commercial and Business Agreements, the Presumption is That the Parties Intend to Create Legal Relations.” Comment Introduction For any contract to be valid and enforceable under the law, it must fulfill certain essential elements. One such crucial element is the intention to create legal relations. This means the parties must intend that the agreement
Define ‘Agent’ and ‘Principal’. Can a Minor Be an Agent? Discuss. Introduction The concept of agency is widely used in business, legal, and financial matters. It is a relationship where one person (agent) is authorized to act on behalf of another (principal). This relationship is governed by the Indian Contract Act, 1872, from Section 182
Define ‘agent’ and ‘principal’. Can a minor be an agent? Discuss. Read More »
Define an Unpaid Seller. What Are His Rights? Introduction In business transactions, especially in the sale of goods, it is common that the seller may not receive full payment immediately. If a seller does not receive payment as agreed, the law gives him certain rights to protect his interest. Such a seller is known as
Define an unpaid seller. What are his rights? Read More »
Define and Distinguish Between ‘Condition’ and ‘Warranty’ Introduction In business and trade, especially in the sale of goods, certain terms are agreed upon between the buyer and seller. These terms can be classified as either “conditions” or “warranties.” Understanding the difference between these two is important because they define the rights and responsibilities of both
Define and distinguish between ‘condition’ and ‘warranty’. Read More »
“An Agreement in Restraint of Trade is Void” – Examine This Statement with Exceptions Introduction The Indian Contract Act, 1872 emphasizes the freedom of trade and profession. To protect this freedom, the Act declares any agreement that restrains a person from carrying on lawful trade or profession as void. This ensures that every individual has
Discuss the Essentials of a Contract of Bailment and State the Rights and Duties of a Bailee Introduction A contract of bailment is a special kind of contract in which one person delivers goods to another for a specific purpose, under the condition that the goods will be returned or disposed of according to instructions.
Disabled !
