The Agency is Irrevocable in the following Cases: If the agency is coupled with interest: When the agency is created for securing some benefit to the ...

List of the Methods of Factory Overheads Absorption: There are many methods by which absorption of factory overheads rate can be computed. The difference ...

Pledge by Mercantile Agent. The law in order to facilitate mercantile transaction has recognized certain exception to the general rule of the owner ...

Duties of the Finder of Goods: According to Section 71 of the Indian Contract Act, a finder of goods has the following duties with respect to the goods ...

Pledge is treated as special kind of bailment in which a movable thing is bailed as security for the repayment of a debt or for the performance of a promise. ...

Lien is the right of any person to retain possession of goods belonging to someone else until the charge due to the person in possession is paid lien. ...

The person taking the loan is called the pledger or pawnor and the person with whom the goods are pledged is called the pledgee or pawnee. Rights of the ...

Duties of Bailor: Duty to Disclose Defects: The bailor is imposed by law, the duty to disclose the defects in the goods bailed. Therefore, the bailor ...

The first step in overhead distribution is collection of overheads. This means the ascertainment of the total amount spent on each item of overheads during a ...

Process of staff selection is cumber, some, tiring time consuming and challenging, as making a choice is always difficult, especially when there is wide ...