Explaining quasi contracts-modvat and vat


1. What do you mean by a ‘Contingent Contract’?

2. Describe the term ‘Holding Company’.

3. What is meant by a Subsidiary Company?

4. Write down a difference between a ‘Sale and ‘an agreement to sell’.

5. Write down the different negotiable instruments.

6. Write down the difference between Warranty and Guarentee.

7. Write down the difference between a Partnership firm and a Joint Stock Company.

8. What do you mean by the Restrictive Trade Practices?

9. Describe the term “Unpaid Seller”.

10. Explain “Quasi Contracts” in detail.

11. Describe the doctrine “Caveat Emptor” in detail.

12. What do you understand by MODVAT and VAT?

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Business Law and Ethics: Explaining quasi contracts-modvat and vat
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