Law

What is free consent? A key part of a good deal is free consent. But how does the law figure...

Section 13. "Consent" defined. Two or more persons are said to consent when they agree upon the same thing in...

The Negotiable Instruments Act of 1881 defines "Negotiable Instrument" in Section 13. The old French word "negociación," which denotes interacting...

Cheques and bills of exchange are important tools in the worlds of banking and business because they make it easier...

The capacity or eligibility of partners to enter a business agreement is the fundamental component of a legally binding partnership...

One of the most important parts of a contract is the offer. The other is the acceptance of the offer....

A Cheque is a bill of exchange made on a certain banker that doesn't say it has to be paid...

If someone writes down a bill of exchange and has it stamped and signed by the person who holds it,...

Promissory Note The definition of promissory notes can be found in Section 4 of the Negotiable Instruments Act. According to...

For a business to grow, trade transactions are very important. When it comes to trade, one of the most important...

A particular proposal that is presented by one party to another in order to engage into a legally enforceable agreement...