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This document outlines questions regarding filing complaints under the Consumer Protection Act of 1986 in India. It asks who can file a complaint, what the grounds are for complaints, where complaints must be filed and the jurisdiction of the statutory body that hears them. It also asks about the process for filing a complaint, any provisions for appeal, and whether grievances can be brought to the Supreme Court.
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- It distinguishes between a sale where property is immediately transferred, and an agreement to sell where property transfer is conditional or at a future time.
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The document discusses various aspects of performing contracts including:
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An object or agreement is considered illegal if:
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This document outlines various ways a contract can be discharged or ended, including:
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3) By impossibility of performance, either existing at the time of agreement or arising later, through destruction of the subject matter, changes in law, or other supervening events.
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A contingent contract is an agreement to do or not do something depending on whether a future uncertain event that is collateral to the contract does or does not occur. For a contingent contract to be enforced, the uncertain future event must happen. The performance of a contingent contract depends on an act by the promisor if a specified event occurs within a fixed time period, but not on impossible events. Contingent contracts differ from wagering agreements in that they do not contain reciprocal promises and the future event is only collateral, not the sole determining factor.More Related Content
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1. A void agreement is one that is not enforceable by law and does not create any legal obligations.
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The document summarizes the Sale of Goods Act of 1930 in India. Some key points:
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- It covers the formation of sales contracts, including defining buyers and sellers, delivery, implied conditions around quality and fitness for purpose.
- It distinguishes between a sale where property is immediately transferred, and an agreement to sell where property transfer is conditional or at a future time.
- It addresses issues like goods perishing before or after an agreement is made, setting prices, and conditions versus warranties in a sales contract.Sales of good_act
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The document discusses key concepts in contracts for the sale of goods under the Sale of Goods Act 1930 including:
1) A contract of sale involves the transfer of property in goods from a seller to a buyer in exchange for a price.
2) A sale involves the immediate transfer of property, while an agreement to sell involves transfer at a future time or when conditions are met.
3) Essential elements of a valid sale contract are two parties, goods, price, and transfer of property.
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This document discusses various remedies available for breach of contract, including rescission, damages, payment of interest, quantum meruit, specific performance, injunction, and rectification or cancellation. Damages can include ordinary damages, special damages, vindictive or exemplary damages, nominal damages, and damages for loss of reputation, inconvenience, and discomfort. Payment of interest may include default interest rates and compound interest. Specific remedies depend on the type of contract and breach.Performance of contract-8
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The document discusses various aspects of performing contracts including:
1. The requisites of a valid tender including being unconditional, for the whole quantity, by an authorized person, at the proper time and place, and to the proper person.
2. Circumstances where contracts do not need to be performed such as when performance becomes impossible or the parties agree to modify or rescind the contract.
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The document summarizes key changes to the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) internal control framework, including:
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2) It adds a strategic objective to the original three objectives of operations, reporting, and compliance.
3) It provides overviews of the eight components and four objectives, outlining factors and processes within each.
The framework is intended to help organizations effectively manage enterprise risks and achieve objectives.Offer and acceptance-3
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The document discusses the legal concepts of offer and acceptance. It defines an offer as a proposal made by one party to another to enter into a legally binding agreement. For an offer to be valid, it must be definite, unambiguous, and communicated to the offeree. An acceptance is the manifestation of assent by the offeree to the terms of the offer, creating a legally binding promise. For an acceptance to be valid, it must be absolute, within a reasonable time period, and communicated to the offeror. The document outlines the rules and legal requirements regarding offer, acceptance, revocation, and rejection.Ni act
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The document discusses negotiable instruments under the Negotiable Instruments Act 1881. It defines negotiable instruments as written documents that transfer ownership rights to another person upon delivery (if payable to bearer) or endorsement and delivery (if payable to order). The key characteristics are that the instrument must be payable to order or bearer, freely transferable, presume the holder as a holder in due course with valid title, and presume consideration. Common negotiable instruments are promissory notes, bills of exchange, and cheques. A promissory note contains an unconditional promise to pay a definite sum of money to a specific person or bearer. A bill of exchange is an unconditional order to pay a definite sum of moneyNature of contract-2
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The document discusses the nature of contracts under Indian law. It notes that the Indian Contract Act of 1872 lays out general principles and some special contracts, and covers indemnity and guarantee. A contract is defined as an agreement enforceable by law, consisting of an agreement and enforceability. There must be consensus between the parties for a valid contract. Essential elements include offer and acceptance, lawful consideration, capacity and consent of parties, lawful object, and agreements not declared void. Contracts are classified based on validity, formation, and performance.Legality of object-7
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An object or agreement is considered illegal if:
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2) It is fraudulent or involves injury to another's person or property.
3) A court regards it as immoral or opposed to public policy.Indemnity and guarantee-11
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Indemnity and guarantee are both types of contracts where one party promises to compensate another for loss or liability. [1] Indemnity involves two parties, where the indemnifier promises to reimburse the indemnified for losses caused by the indemnifier or third parties. [2] Guarantee involves three parties, where the guarantor promises the creditor payment or performance by the principal debtor. [3] The rights and obligations of each party differ between indemnity and guarantee.Free consent 6
Free consent 6artipradhan
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The document discusses different ways in which consent can be flawed in a contract, specifically coercion, undue influence, misrepresentation, and mistake. It defines coercion as committing or threatening a criminal act, and undue influence as exploiting a position of power over another party. Misrepresentation requires a false statement of material fact made knowingly to deceive the other party. Consent obtained through any of these flawed means can make a contract voidable.Dischrage of contract-9
Dischrage of contract-9artipradhan
油
This document outlines various ways a contract can be discharged or ended, including:
1) By performance or attempted performance by the parties.
2) By agreement or consent through methods like novation, rescission, alteration, or waiver.
3) By impossibility of performance, either existing at the time of agreement or arising later, through destruction of the subject matter, changes in law, or other supervening events.
4) By the lapse of time, operation of law due to events like death or insolvency, or breach of contract terms by one or both parties.Cp act
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The document provides an overview of the Consumer Protection Act of 1986 in India. It discusses the objectives of the act, which are to better protect consumers and provide simple, speedy and inexpensive redress for consumer grievances. The act established consumer protection councils and defined key terms like "complaint", "goods", "services", and "consumer". It applies to all goods and services unless exempted and covers private, public and cooperative sectors. The rights of consumers outlined include protection from hazardous products, full information on products, access to competitive prices, being heard on consumer issues, and seeking redress for unfair trade practices.Contingent contract
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A contingent contract is an agreement to do or not do something depending on whether a future uncertain event that is collateral to the contract does or does not occur. For a contingent contract to be enforced, the uncertain future event must happen. The performance of a contingent contract depends on an act by the promisor if a specified event occurs within a fixed time period, but not on impossible events. Contingent contracts differ from wagering agreements in that they do not contain reciprocal promises and the future event is only collateral, not the sole determining factor.Business law
- 1. Business Law Assignment Ques1. Who can file a complaint under consumer protection act 1986? Ques2. What are the grounds on which complaint can be filed? Ques3. (a) Where the complaint be filed under the provision of the act? (b). What is the jurisdiction of statutory body constituted for hearing a complaint? Ques4. (a) How can a complaint be made under the act? (b). Is there any provision of appeal? If so how can an appeal can be made? 息. Can a person under the act approach to Supreme Court for redressal of his grievance?