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QUESTION 1
(a) What are the three main features of security? Define the different types of security that banks normally take to secure credit facilities
(b) The Borrower Protection Act 2007 was enacted with an aim to regulate credit agreements for a sum not exceeding two million rupees and to provide for the establishment of the Office of the Commissioner for the Protection of Borrower'. Critically assess the Borrower Protection Act 2007
"Detriment" as consideration An example of a 'detriment' that will legally suffice like the consideration for a promise is provided with the case of Carlill v. Carbolic Smoke
Proceedings at Meetings: (a)Each item of business comprised in the notice should be taken separately, discussed and put to the vote. Members may propose ammendments to the re
Q. Legislative options for addressing phoenix activity? There are a range of legislative options for addressing phoenix activity and the following legislative options were expl
Statutory Provisions: i) Definition of "Prospectus" A prospectus is defined by S.2 as "any prospectus, notice, circular, advertisement or other invitation offering to the
APPLICATION OF THE UNWRITTEN SOURCES OF ENGLAND LAW: Conversely it is a rule of England Law that unwritten laws are to be applied subject to the provisions' that any applicabl
What is the major issue concerning the international law The major issue concerning the international law is its implementation within the domestic system. A State can enforce
State succession concerns international organizations Issue regarding state succession concerns international organizations. There are more than 30,000 treaties entered into be
XYZ Ltd has 1000 members and it has adopted a constitution. Matt is one of the directors of XYZ Ltd. Matt has made a gift of $10,000 to his wife, Melissa out of the Company's funds
Express and Implied terms of contract Express terms However the terms of a contract are said to like "express terms" whether the parties themselves adverted to them on
Formation and Partners - Partnership Law However the Partnership Act does not prescribe rules to the formation of a partnership. Therefore a partnership may be formed like:
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