The Tender. According to Section 38, when the performance becomes due and the promisor offers to perform his obligation however, the promisee refuses to accept ...

Doctrine of Supervening Impossibility. According to Para 2 of Section 56, which states that, "A contract to do an act which after the contract is made, becomes ...

The Persons who can Demand Performance of the contract are: Promisee: Only the promisee can demand 'the performance of the contract, and not a. third party. ...

Span of Control: Span is the length between starting point and the end. So span control indicates the length of supervisory control. Supervision is path of all ...

The concept of planning defined as looking ahead into the future and try to anticipate as what it would be or likely to look like and how it will affect the ...

According to Section 23 of the Indian Contract Act, the consideration and the object of an agreement are treated as unlawful in the following cases: If it is ...

Consideration is the price for which the promise of the other is bought, and the promise thus given for value is enforceable. According to Section 2(d) of the ...

MATERIAL CONTROL: Material forms important part of cost of production of a product. It is therefore essential for proper control of material and its ...

Long range planning is basically aimed at the achievement of long term or absolute objectives of an organization over a long period of time, but since a plan ...

The term undue influence refers to dominating the will of the other person to obtain an unfair advantage over the other. According to Section 16 (1) of the ...