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F.O.B. Contracts - Import and Export Trade
Under an f.o.b. like free on board contract it is the duty of like the seller to put the goods on board a ship to the purpose of their transmission for the buyer. The contract of carriage through sea has to be made through, or on behalf of, like the buyer. Accordingly the cost of putting the goods on board must be borne through the seller, although once the goods cross such the ship's rail they remain on risk of the buyer. Delivery is complete whether the goods are put on board the ship, since the seller like should give notice of the shipment for the buyer so like to enable him for insure; whether the seller fails to do this, such the goods will be at his risk also.
Statutory Companies: A statutory company is formed by a specific Act of Parliament, primarily as a means of conferring on it some powers which would not be available to it if
Liability: The secretary is an officer of the company and thus he owes fiduciary duties to the company which are similar to those of a director, eg. he must act in
QUESTION 1 Write in detail on the following (a) Agency shop orders and (b) Decrease from the remuneration of a worker for the employer's benefit QUESTION 2 An indust
Statutory power - mergers and winding up: It is usual to proceed under s.207 as there are technical difficulties over s.300 procedure. The liquidator's powers to reach a comp
Reservation of Name: To obviate the risk of choosing a name that ultimately turns out to be undesirable, the promoters should enquire from the regi
Incorporation Osborne's "Concise Law Dictionary" defines incorporation as a "merging together to form a single whole; conferring legal personality upon an association of indi
Necessity - Law of Agency and Partnership Therefore an agency of necessity may subsist either domestic or commercial: Commercial Agency of Necessity: Although
State the issues relating to the public policy We shall focus on the issues relating to the public policy in an open economy setting in a bit more technical way. While approac
Gains from Policy Coordination The previous section has illustrated how large countries typically face positive or negative spill over effects associated with aggregate demand
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