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Banking Laws and Practices Notes For BA-LLB, LLB Students.
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Banking Law Notes: The Banks ( Nationalization) ACT, 1974
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Banking Laws and Practices Notes For BA-LLB, LLB Students. Friday, 26 July 2013. The Banks ( Nationalization) ACT, 1974. We have gone through the evolutionary process of banking in. We know that by June 30. 1948 the number of branches in. Was only eighty one. However with the establishment of State Bank of. And efforts of the government, the number of schedule bank increased to 14 with 3323 branches all over. And also 74 branches in foreign countries by Dec 31. The Act extends to the whole of. Companies ...
Banking Law Notes: Forms of business carried out by a banking company under section 7 of theBanking companies ordinance 1962.
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Banking Laws and Practices Notes For BA-LLB, LLB Students. Saturday, 10 August 2013. Forms of business carried out by a banking company under section 7 of theBanking companies ordinance 1962. Forms of business carried out by a banking company under section 7 of the Ordinance. A banking company may engage in any one or more of the. Following forms of business. Borrowing, raising, or taking up of money. The lending or advancing of money either upon or without security. Subscribe to: Post Comments (Atom).
Banking Law Notes: Jurisprudence
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Banking Laws and Practices Notes For BA-LLB, LLB Students. Wednesday, 24 July 2013. For understanding law, we must have preliminary understanding of jurisprudence. The legal experts term civil law as science of jurisprudence. Some concepts of jurisprudence are given below:. 8220;Jurisprudence means the knowledge of law, or knowledge of just and unjust”. It deals with laws that are enforceable by the courts. The jurisprudence has been classified as under:. An analysis of the law. It analyses the basic pri...
Banking Law Notes: August 2013
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Banking Laws and Practices Notes For BA-LLB, LLB Students. Saturday, 10 August 2013. Definition of Agent and Principal as contained in section 182 of the Contract Act, 1872. Definition of Agent and Principal as contained in section 182 of the Contract Act, 1872 is given below. Is a person employed to do any act for another or to represent another in dealing with a third persons. The person for whom such act is done, or who is so represented, is called the Principal. Advising bank: means the bank that adv...
Banking Law Notes: The instrument of letter of credit is governed by Uniform Customs and Practices for documentary credit, called UCP 600 which is issued by the international chambers of commerce. According to UCP 600, letter of credit.
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Banking Laws and Practices Notes For BA-LLB, LLB Students. Saturday, 10 August 2013. The instrument of letter of credit is governed by Uniform Customs and Practices for documentary credit, called UCP 600 which is issued by the international chambers of commerce. According to UCP 600, letter of credit. Credit means any arrangement, however named or described that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honor a complying presentation. Means the purchase by the n...
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LLB Notes: June 2013
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Handout Notes for BA-LLB, LLB and LLM students. Saturday, 22 June 2013. Applies to computer information. Software is not a “good” but intellectual property. Software is licensed, not sold;. License contract gives Buyer (Licensee) only specific rights. Attribution—process to ensure person sending an electronic record is in fact. 8220;E-Mailbox” Rules. Dispatched when leaves control of sender. Received when enters recipient’s processing system. Parties must agree to Conduct Transactions Electronically.
LLB Notes: March 2013
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Handout Notes for BA-LLB, LLB and LLM students. Saturday, 30 March 2013. Contractual duties in a bilateral contract that are delegated to a 3. Duties That Cannot be Delegated. When special trust has been placed on the obligor. When performance requires personal skill or talents. When performance will vary materially from obligee expectations. When the contract expressly prohibits delegation. Effect of a Delegation. Assignment of “All Rights”. Assignment of rights and a delegation of duties. Incidental be...
LLB Notes: July 2013
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Handout Notes for BA-LLB, LLB and LLM students. Friday, 19 July 2013. Installment Contracts can be rejected if:. Installment is substantially non-conforming and can’t be cured. Non-conforming installment substantially impairs the entire contract. If no fault of either party and it occurs ,. Before risk passes to Buyer then,. Both Seller and Buyer are excused from performance. Sometimes unforeseen event only partially affects Seller’s capacity to perform. Buyer has the right to reject. Links to this post.
LLB Notes: Exceptions to Minor’s Right to Disaffirm
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Handout Notes for BA-LLB, LLB and LLM students. Friday, 22 March 2013. Exceptions to Minor’s Right to Disaffirm. Exceptions to Minor’s Right to Disaffirm. Generally, minor can disaffirm the contract. But some states prohibit disaffirmance and hold the minor liable. Contracts for food, clothing, shelter may be disaffirmed by minor is liable for reasonable value of goods or services. Not viewed as necessaries, so minor can disaffirm contract and recover all premiums paid. Seldom considered to be necessaries.
LLB Notes: Collective Bargaining and Strikes
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Handout Notes for BA-LLB, LLB and LLM students. Sunday, 9 February 2014. Collective Bargaining and Strikes. Collective bargaining is the process by which management and labor negotiate the terms and conditions of employment. The NLRB will certify an exclusive bargaining agent for labor. Both labor and management must bargain in good faith, but the law does not require that they reach an agreement. There are two basic forms of strikes:. These are strikes over wages. Unfair Labor Practice Strikes. Strict L...
LLB Notes: Rescission and Restitution
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Handout Notes for BA-LLB, LLB and LLM students. Saturday, 22 June 2013. A remedy whereby a contract is canceled and the parties are restored to the original positions that they occupied prior to the transactions. Both parties must return goods, property, or money previously conveyed. Rescission does not always call for restitution. Restitution is called for in some cases not involving rescission. Labels: Contracts: Breach of Contract and Remedies. Subscribe to: Post Comments (Atom). Torts and Cyber Torts.
BA-LLB Notes for Law Student | BA-LLB Notes and Past papers of BA-LLB (hons) for law students. | Page 2
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BA-LLB Notes for Law Student. BA-LLB Notes and Past papers of BA-LLB (hons) for law students. Newer posts →. August 4, 2013. Share on Facebook (Opens in new window). Click to share on Twitter (Opens in new window). Click to share on Google (Opens in new window). Click to share on Tumblr (Opens in new window). Click to share on Pocket (Opens in new window). Click to share on Pinterest (Opens in new window). Click to share on LinkedIn (Opens in new window). Click to share on Reddit (Opens in new window).
LLB Notes: Minor’s Obligation on Disaffirmance
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Handout Notes for BA-LLB, LLB and LLM students. Friday, 22 March 2013. Minor’s Obligation on Disaffirmance. Minor’s Obligation on Disaffirmance. In most states, minor need only return the the goods (or other consideration) subject to the contract, provide the goods are in the minor’s possession or control. In increasing number of states, the minor must restore the adult to the position held before the contract was made. Dodson v. Shrader. Labels: Contracts: Capacity and Legality. Labor and Employment Law.
LLB Notes: April 2013
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Handout Notes for BA-LLB, LLB and LLM students. Friday, 5 April 2013. Discharge by Performance and Types. The contract comes to an end when both parties fulfill their respective duties by performing the acts they have promised. Substantial Performance (minor breach). Performance to the Satisfaction of One of the Parties or a Third Party. Jacobs & Young v. Kent. Labels: Contracts: Performance and Discharge. Conditions and Types of Conditions. Labels: Contracts: Performance and Discharge. Intellectual Prop...
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Banking Law Notes
Banking Laws and Practices Notes For BA-LLB, LLB Students. Saturday, 10 August 2013. Definition of Agent and Principal as contained in section 182 of the Contract Act, 1872. Definition of Agent and Principal as contained in section 182 of the Contract Act, 1872 is given below. Is a person employed to do any act for another or to represent another in dealing with a third persons. The person for whom such act is done, or who is so represented, is called the Principal. Advising bank: means the bank that adv...
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