Category: Business Regulation
Business Regulation
Rights of Bailor The following are the rights of a Bailor: 1. Right to Enforce If the bailee neglects in any one of his duties, the bailor has a …
Business Regulation
Duties of Bailor The following are some of the duties of bailor. 1. To Disclose Faults in the Goods Bailed As per Sec. 150 of the Act, the bailor …
Business Regulation
Alteration of the Conditions of Memorandum of Association The condition or the obligatory clauses of the Memorandum of Association can be altered in the manner stated below. 1. Alteration …
Business Regulation
Discharge of Contract by Operation of Law The contract is discharged by the operation of law when a contract is discharged by the intervention of law. This can be …
Business Regulation
A Person under the age of eighteen years is called a Minor. Since they have an immature mind, they are very often exploited. There are laws to protect the …
Business Regulation
Contents of the Articles of Association The Articles contain rules and regulations regarding: 1. Adoption of preliminary contracts. 2. Number and value of shares. 3. Allotment of shares. 4. …