Business Law

Intellectual Property Rights (IPR) – Copyright Infringement and Patent Infringement | Business Law

January 7, 2021 by Smirti

Intellectual Property Rights (IPR) | Copyright Infringement | Patent Infringement | Napster Research In Motion (RIM)’s Blackberry Case | Business Law Case Question In 1999-2000, online file sharing service Napster was sued for copyright infringement by various parties (including recording artists, record labels, and a recording industry trade association). Napster eventually was forced to shut … Read more

Employee and Independent Contractor – Differences and Examples | Business Law

July 27, 2021December 27, 2020 by Smirti

Employee and Independent Contractor | Differences and Examples | Business Law | Management Notes Question Write a 3 – 5 page paper address the following: ● Describe and discuss the differences between an “employee” and an “independent contractor.” ● Examine the labor laws that frame such categories. Illustrate how one can distinguish the two, and … Read more

Types of Contract – Express and Implied Contract | Business Law

December 27, 2020 by Smirti

Types of Contract | Express and Implied Contract | Business Law | Management Notes Question: Briefly describe the differences (and any similarities) involved in the following contracts (3-5 pages): 1. An order placed over the phone for a pizza delivery. 2. The oral exchange at a restaurant when a waiter takes an individual order for … Read more

Rules regarding Transfer of Ownership – Ownership Transfer | Business Law

March 11, 2022May 17, 2018 by Smirti

Rules regarding Transfer of Ownership

The transfer of ownership means the passing of property in goods from seller to the buyer. When such property is regarded as transfer or when the ownership is shifted from seller to the buyer. These are the important question. If it is mentioned in the contract, both the parties should follow it. In absence of such terms, the parties should follow the rules regarding transfer of ownership which lay down under law. There are some rules, in this respect, under sections 48 to 53 of Contract Act, 2056 and under sections 18 to 23 of Indian Sales of Goods Act 1930. They are as follows

Termination of Bailment – Major Reasons for Termination of Bailment | Business Law

March 6, 2022May 17, 2018 by Smirti

Termination of Bailment

Termination of bailment means the bailment comes to end and the legal relationship of the parties is no longer remain. There are various circumstances under which the contract of bailment is terminated. The Nepalese Contract Act, 2056 has also laid down some legal provisions in respect of the termination of bailment. A contract of bailment terminates due to the following reasons: