Hire Purchase Systemis a special system of purchase and sale. When goods are purchased on hire-purchase system, purchaser pays the price in installments, ...

Education and society both are inter-related or inter-dependent because both mutually influence each other i.e. complimentary. Without education, how we can ...

The social aim of education. The social aim of education takes into consideration the social needs of society. Education is provided with a view to making new ...

Acceptance. Section 2 (b) of the Indian Contract Act, 1872 defines acceptance in these words: When one person to whom the proposal is made ...

Concept of Scarcity : In economics, we always refers to scarcity of resources available to us for the satisfaction of our wants. Human wants are endless ...

Meaning of offer : Section 2(a) of the Indian Contract Act, 1872 defines proposal or offer as follows : When one person signifies to another his willingness to ...

Value Inculcation and Learning: Values are inseparable from the life of an individual. Since education is an essential requirement, an integral part of ...

In simple words, a contract is an agreement made between,two or more persons to do or to abstain from doing a particular act. According to Section 2(h) of the ...

Section 2 (h) of the Indian Contract Act, 1872 defines a contract as an agreement enforceable by law. In other words, an agreement which can be enforced in a ...

According to Section 4 of the Sales of Goods Act, contract of sale of goods means "a contract where by the seller transfers or agrees to transfer the property ...

Aristotle developed the idea of citizenship and restored the problem of citizenship to the center of political discussion: Citizenship has been a persistent ...

In simple words, a contract of sale of goods is a contract whereby a seller transfers the ownership in goods to buyer or agrees to transfer it to the buyer ...