Statutory Power of Sale: this is the power of the mortgagee to sell the security if Roy fails to repay the loan. The mortgagee must give the requisite notices to the mortgagor i.e. Roy. Fore Closure: this is a foreclosing Read More …
Day: October 11, 2020
Items which must be contained in the application form for registration in order for the trademark to be registered
Name of the applicant i.e. Inventive Mind Co. Ltd and its postal address. A short description of the drug in question. A drawing of the trade mark.
Meaning of “Co-ownership” and ways in which co-ownership may be terminated
This is a situation where two or more persons are entitled to the simultaneous enjoyment of land. A co-ownership may be a joint tenancy or tenancy in common. A joint tenancy is characterized by jus accrescendi and the four unities. Read More …
Meaning of “Contract discharged by performance”
Discharge of contract by performance means that the performance must be precise and exact. This proposition is generally true as it encapsulates the common law doctrine of precise and exact which ordains that contractual obligations be observed to the letter. Read More …