LIEN BUSINESS LAW NOTES

This is a right conferred upon a party by law or trade usage or custom in certain circumstances and is exercisable as a security for the fulfilment of an obligation owned by another. Types of Lien 1. Possessory lien 2. Read More …

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BAILMENT KASNEB NOTES

This is a contract whereby a party referred to as Bailor delivers goods to another known as Bailee with specific instructions that the goods be dealt with in a particular manner to be returned as soon as the purpose for Read More …

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NEGOTIABLE INSTRUMENTS NOTES

What is a negotiable instrument? This is a document which represents money and the title in passes to a bona fide transferee free from only defect. It is a chose in action. Negotiable instruments are transferable by reason of law Read More …

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PRINCIPLES OF INSURANCE NOTES

The Principles includes:- 1. Insurable Interest 2. Utmost good faith (Non-disclosure) 3. Indemnity 4. Subrogation 5. Salvage 6. Re-instatement 7. Contribution and Apportionment 8. Proximate Cause 9. Abandonment 10. Average Clause 11. 3rd Party Insurance 1. INSURABLE INTEREST This is Read More …

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