The presentation TRANSFER OF PROPERTY ACT, 1882 includes the object of the Act, property, transfer, nature of transfer, kinds of transfer, the difference between movable and immovable property etc.
The presentation TRANSFER OF PROPERTY ACT, 1882 includes the object of the Act, property, transfer, nature of transfer, kinds of transfer, the difference between movable and immovable property etc.
This learning instrument simplifies Bailment and Pledge. It can be downloaded, used, re-used, modified for all academic purposes with credit to original presenter - Avinash Murkute, Galaxy4u Pune. Law students can send questions over email. Law colleges can invite Avinash Murkute as an expert Law Faculty who is making learning ever lasting since last 15 plus years.
recently there ismeaure amendments in the Specific Relief Act and the public infrastruture projects are given preference as due to injunctions there was delay in public projects causing huge loss the public exchequer.
The concept of this presentation deeply summarized 66 sections of The Sale of Goods Act 1930 including contract of sale, agreement to sale, difference between sale and agreement to sell, essentials of contract of sale, goods, classification of goods, existing goods, specific goods, ascertained goods, unascertained goods, future goods, contingent goods, transfer of ownership, price, acceptance, stipulation, condition and warranty, difference between condition & warranty, express and implied conditions, express and implied warranties, breach of condition, breach of warranty, Doctrine of Caveat Emptor, Exceptions to Doctrine of Caveat Emptor, Doctrine of Caveat Venditor, transfer of property, delivery of goods, rights of unpaid seller, rights against goods, rights against buyer, rights against seller, auction sale, Baldry vs. Marshall Case Analysis and Grant vs. Australian Knitting Mills Ltd Case.
Features of a Negotiable Instrument
Elements of Negotiability
Presumptions as to negotiable instruments
Promissory Note
Bill of Exchange
Cheque
Holder and Holder in due course
Negotiation, Indorsement and Assignment
Dishonour of negotiable instrument
Liability of Banker
This learning instrument simplifies Bailment and Pledge. It can be downloaded, used, re-used, modified for all academic purposes with credit to original presenter - Avinash Murkute, Galaxy4u Pune. Law students can send questions over email. Law colleges can invite Avinash Murkute as an expert Law Faculty who is making learning ever lasting since last 15 plus years.
recently there ismeaure amendments in the Specific Relief Act and the public infrastruture projects are given preference as due to injunctions there was delay in public projects causing huge loss the public exchequer.
The concept of this presentation deeply summarized 66 sections of The Sale of Goods Act 1930 including contract of sale, agreement to sale, difference between sale and agreement to sell, essentials of contract of sale, goods, classification of goods, existing goods, specific goods, ascertained goods, unascertained goods, future goods, contingent goods, transfer of ownership, price, acceptance, stipulation, condition and warranty, difference between condition & warranty, express and implied conditions, express and implied warranties, breach of condition, breach of warranty, Doctrine of Caveat Emptor, Exceptions to Doctrine of Caveat Emptor, Doctrine of Caveat Venditor, transfer of property, delivery of goods, rights of unpaid seller, rights against goods, rights against buyer, rights against seller, auction sale, Baldry vs. Marshall Case Analysis and Grant vs. Australian Knitting Mills Ltd Case.
Features of a Negotiable Instrument
Elements of Negotiability
Presumptions as to negotiable instruments
Promissory Note
Bill of Exchange
Cheque
Holder and Holder in due course
Negotiation, Indorsement and Assignment
Dishonour of negotiable instrument
Liability of Banker
This is a presentation on the terms of a contract. It covers the general concepts of terms of a contract. It is ideal for beginner to intermediate level Contract Law students
Contingent contract
Performance rules
Difference between contingent and wagering agreement
Quasi contract, KINDS AND CIRCUMSTANCES OF QUASI CONTRACT
LIABILITY FOR NECESSARIES, PAYMENT BY INTERESTED PERSON, OBLIGATION TO PAY FOR NON-GRATUITOUS ACTS, Finder of lost goods
Mistake or coercion
The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles of English Common Law. The indian contract_act_1872 for BCOM, MCOM.CA,CMA, CS AND OTHER COMMERCE STUDENTS AND PROFESSIONAL AND CORPORATE FOR BETTER UNDERSTANDING OF CONTRACT ACT FOR DRAFTING OF LEGAL DOCUMENTS, DEEDS ETC.
Similar to Conditions & warranties(caveat emptor) (20)
Matthew Professional CV experienced Government LiaisonMattGardner52
As an experienced Government Liaison, I have demonstrated expertise in Corporate Governance. My skill set includes senior-level management in Contract Management, Legal Support, and Diplomatic Relations. I have also gained proficiency as a Corporate Liaison, utilizing my strong background in accounting, finance, and legal, with a Bachelor's degree (B.A.) from California State University. My Administrative Skills further strengthen my ability to contribute to the growth and success of any organization.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Massimo Talia
This guide aims to provide information on how lawyers will be able to use the opportunities provided by AI tools and how such tools could help the business processes of small firms. Its objective is to provide lawyers with some background to understand what they can and cannot realistically expect from these products. This guide aims to give a reference point for small law practices in the EU
against which they can evaluate those classes of AI applications that are probably the most relevant for them.
Lifting the Corporate Veil. Power Point Presentationseri bangash
"Lifting the Corporate Veil" is a legal concept that refers to the judicial act of disregarding the separate legal personality of a corporation or limited liability company (LLC). Normally, a corporation is considered a legal entity separate from its shareholders or members, meaning that the personal assets of shareholders or members are protected from the liabilities of the corporation. However, there are certain situations where courts may decide to "pierce" or "lift" the corporate veil, holding shareholders or members personally liable for the debts or actions of the corporation.
Here are some common scenarios in which courts might lift the corporate veil:
Fraud or Illegality: If shareholders or members use the corporate structure to perpetrate fraud, evade legal obligations, or engage in illegal activities, courts may disregard the corporate entity and hold those individuals personally liable.
Undercapitalization: If a corporation is formed with insufficient capital to conduct its intended business and meet its foreseeable liabilities, and this lack of capitalization results in harm to creditors or other parties, courts may lift the corporate veil to hold shareholders or members liable.
Failure to Observe Corporate Formalities: Corporations and LLCs are required to observe certain formalities, such as holding regular meetings, maintaining separate financial records, and avoiding commingling of personal and corporate assets. If these formalities are not observed and the corporate structure is used as a mere façade, courts may disregard the corporate entity.
Alter Ego: If there is such a unity of interest and ownership between the corporation and its shareholders or members that the separate personalities of the corporation and the individuals no longer exist, courts may treat the corporation as the alter ego of its owners and hold them personally liable.
Group Enterprises: In some cases, where multiple corporations are closely related or form part of a single economic unit, courts may pierce the corporate veil to achieve equity, particularly if one corporation's actions harm creditors or other stakeholders and the corporate structure is being used to shield culpable parties from liability.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
2. WHAT IS CONDITION?
• A CONDITION IS A STIPULATION ESSENTIAL TO THE MAIN PURPOSE OF THE
CONTRACT, THE BREACH OF WHICH GIVES RIGHT TO REPUDIATE THE
CONTRACT AND TO CLAIM DAMAGES.
EXAMPLE : P GOES TO R, A HORSE DEALER, AND SAYS, I WANT A HORSE WHICH
CAN RUN AT A SPEED OF 30 KM. PER HOUR. THE HORSE DEALER POINTS OUT A
PARTICULAR HORSE AND SAYS, THIS WILL SUIT YOU. P BUYS THE HORSE. LATER
ON P FINDS THAT THE HORSE CAN RUN ONLY AT A SPEED OF 20KM./HR. THERE IS
A BREACH OF CONDITION, P CAN REPUDIATE THE CONTRACT, RETURN THE
HORSE TO R AND GET BACK THE PRICE.
3. WHAT ARE IMPLIED CONDITIONS?
• IMPLIED CONDITIONS ARE THOSE, WHICH ARE PRESUMED BY LAW TO BE PRESENT
IN THE CONTRACT.
• IMPLIED CONDITION MAY BE NEGATED OR WAIVED BY AN EXPRESS AGREEMENT.
1. CONDITION AS TO TITLE
2. SALE BY DESCRIPTION
3. SALE BY SAMPLE
4. SALE BY SAMPLE AS WELL AS DESCRIPTION
5. CONDITION AS TO QUALITY OR FITNESS
6. CONDITION AS TO WHOLESOMENESS
4. CONDITION AND WARRANTY DISTINGUISHED
[SEC.12(2)(3)]
CONDITION
• IT IS ESSENTIAL TO THE MAIN
PURPOSE OF THE CONTRACT.
• THE AGGRIEVED PARTY HAVE A RIGHT
TO REPUDIATE THE CONTRACT AND
CLAIM FOR DAMAGES.
• THIS CAN BE TREATED AS A BREACH
OF WARRANTY.
WARRANTY
1. IT IS COLLATERAL TO THE MAIN
PURPOSE OF THE CONTRACT.
2. THE AGGRIEVED PARTY HAVE A
RIGHT TO CLAIM FOR DAMAGES
ONLY.
3. THIS CAN NOT BE TREATED AS A
BREACH OF CONDITION.
5. WHAT IS WARRANTY?
• A WARRANTY IS A STIPULATION COLLATERAL TO THE PURPOSE OF THE
CONTRACT, THE BREACH OF WHICH GIVES THE AGGRIEVED PARTY A RIGHT TO
SUE FOR DAMAGES ONLY, AND NOT TO AVOID THE CONTRACT.
EXAMPLE : ASSUME THAT A FARMER, INTENDING TO PLANT NO-TILL SOYBEANS,
APPROACHES A SELLER TO BUY HERBICIDE. ASSUME FURTHER THAT THE
BUYER REQUESTS A PARTICULAR HERBICIDE MIX BUT THE SELLER SUGGESTS A
LESS EXPENSIVE MIX. IF THE CHEMICALS FAIL TO KILL CRABGRASS AND THE
FARMER HAS A LOW YIELD OF SOYBEANS, THE FARMER COULD SUE THE SELLER
FOR BREACH OF THE WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE
BECAUSE THE SELLER KNEW WHAT THE FARMER REQUIRED.
6. BREACH OF WAARANTY(SEC.13)
• WHEN BUYER WAIVES THE PERFORMANCE OF THE CONDITION.
• WHEN BUYER ELECTS TO TREAT BREACH OF THE CONDITION AS BREACH OF
WARRANTY AND DOES NOT TREAT THE CONTRACT AS VOID.
• WHEN THE CONTRACT OF SALE IS INSEPARABLE AND THE BUYER HAS
ACCEPTED THE WHOLE GOODS OR PART THEREOF.
• WHEN THE FULFILLMENT OF ANY CONDITION OR WARRANTY IS EXECUTED BY
LAW BY REASON OF IMPOSSIBILITY OR OTHERWISE.
7. WHICH ARE WARRANTIES IMPLIED?
• WARRANTY AS TO QUIET POSSESSION.
• WARRANTY AS TO GOODS TO BE FREE FROM
ENCUMBRANCES.
10. TYPES OF CONDITION AND WARRANTY
EXPRESSED CONDITION IMPLIED CONDITION
AND WARRANTY AND WARRANTY
IMPLIED CONDITION IMPLIED WARRANTY
11. • A)
EXPRESS CONDITION AND WARRANTY :
When both the buyer and seller agree to provide for
certain Terms and conditions, either by words spoken And
written, they are known as express condition and warranty .
12. • B)
IMPLIED CONDITION AND WARRANTY :
It is open to the parties to include in their contract any number
of express conditions and warranties. But in addition to what the
contract may provide, the law implies into every sale of goods a
number of conditions and warranties. They are read into every
contract of sale unless they are expressly excluded. These are called
as implied conditions and warranties . section 14 to 17 deals with
implied conditions and warranties.