Welcome to the world of licensing agreements! If you’re looking to protect your intellectual property or licence someone else’s, you’ve come to the right place. Here’s what Strictly Legal has for every small business that should be aware of before pursuing a licensing agreement. We’ll assist you in navigating the complexities of the law and […]
LICENCE AGREEMENT EXPLAINED Read More »
Want to know what is a Will? How is it different from Trust? Read on to find out everything and choose which is better!
Wills vs. Trusts: Know the Difference Read More »
Want to rent out your property? Confused between a lease and rent? Read on to find the key difference between a lease and a rental agreement!
Lease and Rental Agreement: Choose it for Yourself! Read More »
In a layman’s term, a contract means when two parties put into writing an agreement which consists of specific obligations or promises that are to be performed by such parties, and when such written agreement becomes enforceable by law, it becomes a contract. When the agreement has gained the force of law only for those
Essential Elements of a Valid Contract Read More »
The term ‘frustration’ in any layman’s word refers to defeated, exasperated and what else? However, this term is widely used in agreements and contracts between parties. The term ‘frustration’ is used to refer to failed or unsuccessful transactions which could not be completed for some unforeseen reason. In the law of contracts, the doctrine of frustration has
Doctrine of Frustration under Indian Contract Act 1872 Read More »
A seller or an unpaid seller as we can say has been defined under Chapter V of the Sale of Goods Act, 1930 (hereinafter referred to as the Act). In every contract of sale, a “seller” is under no accountability to deliver the goods sold but the “buyer” is accountable to pay the indispensable amount set
WHO IS AN UNPAID SELLER? Read More »
Indian Contract Act, 1872 defines that “an agreement enforceable by law is a contract.” In general and in layman’s terms, it can be said that a contract is formed when two or more parties perform a promise or an act or omission in return for consideration or when something is returned. A contract can be specified
DIFFERENCE BETWEEN COERCION AND UNDUE INFLUENCE Read More »
The Law of Contracts has been one of those subjects which law students absolutely love. After all, that is the first law subject in most colleges. The Law of Contract in India specifies a Contract as an agreement that is enforceable by law which offers personal rights, and impels personal obligations which the statute safeguards
DIFFERENCE BETWEEN BAILMENT AND PLEDGE Read More »
In a layman’s term, an Employment Agreement refers to an official written agreement between a business or corporation (employer) and an individual (employee), which enumerates the span of the employee’s employment. However, the conditions of the agreement are set by what was coincided by the employee himself when they proclaimed their keenness to work. The agreement
Employment Agreement: Things You Should Know Read More »
You’ve entered into an agreement with another party that requires both parties to fulfill their obligations under the contract. If either party fails to meet its obligation, then the other party can sue for damages. In other words, have you ever entered into an agreement with another party and discovered them not following the terms
How to Send A Legal Notice For Contract Breach? Read More »