Special Contract Law

LAB PROJECT ON SPECIAL CONTRACTS By Pankaj Mor asylum to Project Before the Industrial revolution, railway line was carried on largely by individual artisans in their homes and in subtile family operated shops. As population and trade expanded and char rear forer of labour and pickyization became the enjoin of the day, there arose the problem of dissemination of goods. Today, the legal terms master-servant and employer-employee are used interchangeably. Over time, employers delegated a broader range of responsibilities to their employees for example, by giving them authority to contract for sore materials, to sell finished products and even to employ other employees. In these expanded roles, the employees became known as agents and their employers were called star topologys. Therefore India has a systematise contract law, which is principally plentyt with in the Indian cut off Act, 1872 (ICA).ICA deals with the general principles of contract ing. Sections 182 to 238 deal with the subject of agency. ICA also deals with four special contracts i.e. Agency, Surety or Guarantee, Bailment and Pledge, these are called as special contracts. This projection is regarding all such special contracts. ingredient and Agency heart and soul of Agent and Agency (s.

182) Agent is a person utilize to do any act for another or to even off another in transaction with trinity person. The obligation of agent is to bring active contractual relation amongst the principal and a trinity party. The agent is only a connecting contact between the principal and the third party and is jus tifiedly called as conduit yell. Who but! tocks employ Agent? whatsoever person who is of the age of volume according to the law to which he is subject and who is of sound mind, whitethorn employ agent (s.183). Who may be Agent? Since agent is a mere connecting link or a conduit pipe between the principal and the third party, it is immaterial whether or not the agent is legally capable to contract. Example Pankaj appoints Abhay,...If you want to get a full essay, order it on our website: BestEssayCheap.com

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