Legal Aspects of Business and Technology
Rules regarding Performance of Contract – Business Law | Management Notes
Rules regarding Performance of Contract
Performance of Contract | Business Law
BBA
Management Notes
Difference between Agent and Servant – Agent Vs Servant| Agency
Difference between Agent and Servant
A servant works directly under the supervision and control of his employer. Agents are commanded by ‘principals’ regarding what should be done, but a master or employer can not only direct what should be done, but also how it should be done. An agent usually works for more than one principal at the same time, while a servant usually serves only one master. The remuneration is usually different. Employees receive remuneration in the form of salary or wages, whereas agents typically receive commissions based on the amount of business they conduct.
Occasionally, the duties of an agent may be assigned to a servant, and the servant may act as an agent. When it comes to matters under his/her domain, however, the secretary becomes an agent in their dealings with third parties, even though he/she is regarded as the company’s servant. Agents as such do not resemble servants because they always act on behalf of their principals and bind them to third parties. An agent who acts within the scope of authority of the principal is liable for the contract. The master however remains liable for any wrongful acts of servants while they are in the service of the master.
An agent is a third party representative of the principal in his or her dealings with third parties. An agent does not have such relationships. Agents are paid through commissions or fees, and employees are paid through salaries. Agents work for several masters at once, while Servants serve only one master. Agents are not Servants; however, Servants are generally deemed as the master’s Implied Agent depending on the tasks or position of the Servant. Agents are often referred to as superior servants because of this reason.
Difference between Bailment and Pledge – Bailment Vs Pledge | Business Law
Difference between Bailment and Pledge
➥ Bailment is the act of delivering goods for a special purpose.
➥ The person who is delivering the goods is called a bailor while the person who receives the goods is referred top as a bailee in the contract.
➥ Pledge or pawn is a special type of bailment where you promise to pay the money a money lender gives in exchange for your valuable goods that act as a security.
Difference between Substantive and Procedural Law – Business Law | Management Notes
Difference between Substantive and Procedural Law
| S.No | Substantive Law | Procedural Law |
| 1. | Substantive law deals with those areas of law which establish the rights and obligations of individuals , what individuals may or may not do. | Procedural law deals with and lays down the ways and means by which substantive law can be enforced |
| 2. | In Substantive law, there is independent power to decide the fate of a case. | In Procedural law, there is no independent power. |
| 3. | Substantive law defines how the facts in a case will be handled. | Procedural law defines the step-by-step process that the case will go through. |
| 4. | Substantive law cannot be applied to non-legal contexts. | Procedural law can be applied to non-legal contexts. |
| 5. | Substantive law defines how the case is handled, and how a crime is to be charged. | Procedural law describes the manner in which a case will proceed. |
What is the difference between civil and criminal law ? | Business Law
What is the difference between civil and criminal law? | What is the difference between criminal law and civil law? | Difference between Civil and Criminal Law | Legal Aspect of Business and Technology | Business Law
BBA | Management Notes
Legal Aspects of Business and Technology – Syllabus BBA 6th Semester | Pokhara University
Legal Aspects of Business and Technology Syllabus BBA 6th Semester
Course Title:Legal Aspects of Business and Technology
Course code: LAW 291
Credit hours: 3
Course objectives
This course provides an introduction to Nepalese law, with a particular emphasis on those aspects of the law that impact most upon business and technology. It is designed for students with no legal background and serves as an introduction to legal concepts. An important aim of this course is to place business and technology in their proper and prominent legal context. The intention of this course is to prepare students to be successful both personally and professionally in an information-based society.