Introduction Wrongful gains obtained through different means are considered to be unjust and it is essential that legal steps must be taken to make sure that the person who obtained wrongful gains is punished by either imposing a fine on …
Introduction Contracts have always been an important part of everyone’s lives, whether in the modern or business world. Every people come into a contract in their everyday lives. For example, before an owner of the house rents his/her house to …
Introduction In human civilization, we need to exchange goods and services with one another to maintain the cash flow in the economy and to satisfy the needs of the individuals in society. The objective of making a contract is to …
Introduction In the Indian Contract Act, 1872, the doctrine of unjust enrichment was codified in enactments and this concept was further defined by the court. “Unjust” refers to something that is not morally right or fair and not by justice. …
Human civilization is a society where rational species exist. The rational civilization of humans is run on a system of trade or exchange of goods, services, and property from one person to another. This exchange of goods and services is …
Have you ever heard about betting and lottery tickets as they depend on the occurrence and non-occurrence of an event? This contract is very similar to that condition. Let’s learn more. A contingent contract is a conditional contract, implying uncertainty …
Introduction Contracts form a part of our daily lives. In fact, we come across so many contracts without even realising that we are a party to one. Activities such as purchasing goods from a store, getting automobiles serviced, installing applications …
Introduction Every day, hundreds and thousands of sale transactions take place worldwide. Buying and selling of goods have existed since the first societies came into being, and the initial system of barter was replaced by minted currency once a standardised …
Introduction Contracts form a part of our daily lives. In fact, we come across so many contracts without even realising that we are a party to one. Activities such as purchasing goods from a store, getting automobiles serviced, installing applications …
Introduction Bailment is a common-law arrangement that we can see in our day-to-day lives. For example – A gives his refrigerator for repair to B. So, B has temporary ownership of that refrigerator for a specific reason, with a stated …