23Nov 2018 by admin

155 Words Essay on Endangered Animals for school students

Essays
There are many endangered animals in this world. The first and foremost is the tiger. According to conservationists the number of tigers all over the world is declining at an alarming rate. The main reason for this is poaching. Chinese traditional medicine has thrown up a huge market for poachers of the tiger. But if the tiger becomes extinct, the entire food chain will be thrown into disarray. Other animals which are facing extinction owing to various factors like poaching and loss of habitat include the giant panda, the snow leopard, the white rhinoceros and the komodo dragon, tapirs, the leopard, African wild ass, gazelles, etc. Leopards as well as tigers are affected by the loss of habitat when forests are used for human activities. Image Source : aaa88b80560cd19ec1bb-1e1acd87944e81f870b46ccedb140948.ssl.cf1.rackcdn.com ADVERTISEMENTS:…
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23Nov 2018 by admin

9 Important Rules Relating to an Offer, as Provided in the Indian Contract Act, 1872

Essays
Important rules relating to an offer, as provided in the Indian contract act, 1872 are listed below: Rules (1) An offer must be capable of creating legal relations: An offer must be such that when accepted it will result in a valid contract. A mere social invitation cannot be regarded as an offer, because if such an invitation is accepted it will not give rise to any legal relationship. Image Source: laszlolaw.com (2) The offer must be distinguished from mere statement of intention: The terms of an offer should be clear so that there is no confusion whether; it is a valid offer or a mere statement of intention. Sometimes, a person declares that he has the intention to do something; this does not amount to an offer. ADVERTISEMENTS: Such…
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23Nov 2018 by admin

What is the difference between Executed and Executory Types of Contracts?– Explained!

Essays
Difference between Executed and Executory Types of Contracts are given below: 1. Executed Contract: A contract in which both the parties performed their respective promises. When a contract has been completely performed, it is termed as executed contract, i.e. it is a contract where, under the terms of a contract, nothing remains to be done by either party.A contract may be executed at once i.e. at the time when it is made. For example, in case of cash sales, the contract is executed at once. It may become executed in some future date when the terms of the contract are carried out. Image Source: guerrillafreelancing.com 2. Executory contract: A contract in which the promises of both the parties have yet to be performed. Thus, executory contract is that where under…
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23Nov 2018 by admin

7 Most Important Kinds of Offer – Explained!

Essays
Most important kinds of offer are listed below: 1. Express Offer: When an offer is made by words spoken or written it is called an express offer. Image Source: bizzyweb.com 2. Implied Offer: When an offer is implied by conduct of parties or circumstances of the case it is called an implied offer. 3. General Offer: When an offer is made to the public at large it is called general offer. This offer may be accepted by anyone. For example, an offer to give reward to anybody who finds the lost horse is a general offer.Though the general offer is made to the public at large, the contract in this case comes to an end when any person acts upon the conditions of the offer. 4. Specific Offer: Specific offer…
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23Nov 2018 by admin

What are the Rules Laid Down under the Negotiable Instruments Act for Determining the Date of Maturity of a Bill of Exchange in India?

Business
The rules laid down under the negotiable instruments act for determining the date of maturity of a bill of exchange are given below:The maturity of a bill of exchange or promissory note is the date on which it falls due. The question of maturity becomes important where a bill or note is payable at a fixed period after sight. ADVERTISEMENTS: A note or bill not payable on demand, at sight or on presentment is at maturity on the third day after the day on which it is payable. Three days are allowed as days of grace (Sec. 22). In case of a note or bills payable on demand at sight on presentment, no. days of grace are allowed. Calculation of maturity: In the cases where a bill is payable at…
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23Nov 2018 by admin

398 Words Essay on a Day before the Exams

Essays
Usually students are fully wired upon the day before an exam. But I have always bucked the trend. When others are burning the midnight oil you will find me chilling out at a cinema hall or an ice cream parlor. I don’t believe in last minute cramming for it makes me forget all that I have managed to learn with great difficulty until then. So whether I have finished the portions or not, I close my books with a big bang and chalk out stress-busting programs for the day. This ensures that I have a clear mind on the day of the exam. I also manage to get a good night’s sleep the night before the exam. Image Source : brocku.ca ADVERTISEMENTS: I have found that the great majority of…
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23Nov 2018 by admin

Aim and Objectives of Conservation of Biodiversity

Management
Aim of Conservation of Biodiversity are as follows: Aims: The protection, preservation, management or restoration of natural resources. Image Source: 185.26.182.219 Objectives: As per the Ministry of Environment and Forests, Government of India, the objectives of conservation of biodiversity are: ADVERTISEMENTS: (a) To increase public awareness through media, government agencies, NGOs, etc.(b) To implement strict restrictions on export of rare plants and animals.(c) To preserve all varieties of old and new flora, fauna and microbes.(d) To protect natural habitats. ADVERTISEMENTS: (e) To protect all critically endangered, endangered, and rare species.(f) To reduce pollution.(g) To maintain ecological balance.(h) To utilize the natural resources in a sustainable way. Types: Conservation of biodiversity can be carried out in following ways: (i) In-situ conservation: ADVERTISEMENTS: It is the conservation of ecosystems and natural habitats,…
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23Nov 2018 by admin

5 Main Causes for Extinction of Species Throughout the World

Trade
In the last 150 years, the rate at which species are disappearing is about thousands per decade; while natural extinction rate is only one or two species per decade. Some of the main causes are as follows: (i) Loss/degradation of Habitat: A habitat is place where living beings find food, cloth and shelter and a safe place to reproduce and bring up their offspring. Thus, loss of habitat is the greatest threat to the world. Image Source: 185.26.182.219 (ii) Overexploitation of Resources: A number of species like tigers, giant pandas etc. are on the verge of extinction because of overexploitation of resources. (iii) Pollution: ADVERTISEMENTS: Pollution is responsible for global climatic changes and for the extinction of most of the species. (iv) Extinction of weaker species due to aggressive non-native…
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23Nov 2018 by admin

10 Essential Elements of a Valid Contract in Business Law

Trade
Essential elements of a valid contract in business law are explained below:According to Sec. 10, “All agreements are contract if they are made by the free consent of parties competent to contract for a lawful consideration and with a lawful object and are not expressly declared to be void.”Thus, Sections 2(h) and 10 of the Act state that there are some essential elements of a valid contract. If any of these elements is not satisfied by an agreement, it will affect the validity and will not form a valid contract. Image Source: 185.26.182.219 ADVERTISEMENTS: On analysing the contents of Sec. 10. It is revealed that the following are the essentials of a valid contract:-1. Offer and acceptance.2. Legal relationship. ADVERTISEMENTS: 3. Consensus-ad-idem.4. Competency of parties.5. Free consent.6. Lawful consideration. ADVERTISEMENTS:…
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23Nov 2018 by admin

5 Most Important Classifications of Contracts According To Indian Law

Law
Classifications of Contracts are listed below: Classifications A. Classification according to validity: 1. Void contracts: A void contract is a contract which is not enforceable by law. As a matter of fact, a void contract is not at all a contract, as it is without any legal effect.The term void contract is defined in Sec2 (j) of the Indian Contract Act, which reads as under: “A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable “. Image Source: hawaiiesquire.files.wordpress.com ADVERTISEMENTS: Thus, when a valid and enforceable contract subsequently becomes legally unenforceable due to some reasons which may be:-(i) Due to some emergent impossibility or the operation of law, contract may become void (Sec 56);(ii) Voidable contract becomes void when the concerned party uses…
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