Q: Explain section 2(a) of Indian Contract Act, 1872 ?

Ans: In section 2(a) of Indian Contract Act,  1872 , the proposal is defined.  The proposal is also known as offer. 

Comments

Post a Comment

Popular posts from this blog

Q: What information is protected under NDA?

Ans: A non-disclosure agreement is beneficial to multinational corporations, but it is also beneficial to small businesses, partnership firms , between individuals, and, most importantly, start-ups, because all of them must deal with outsiders and entrust confidential information to them at some point in their business. A start-up can be anything; an idea, a business plan, a patented innovation, or anything else. A startup can’t keep these ideas to itself; it needs to share them with investors who might be able to help turn the idea into a success. In the case of a patentable invention, the inventor may want the opinion of an expert in that field, and in the case of a business idea, the person coming up with such an idea may need a lawyer to register the business organisation, so having a non-disclosure agreement signed with those outsiders ensures that the information is not leaked . (owner of the information). In industries like film and television, a non-disclosure agreement can be ...
Read more

Q: What are the uses of Non Disclosure Agreement ?

Ans:  NDAs are commonly used in the following scenarios: When employers are looking to prevent their employees from defecting and selling their confidential information to their rivals or opponents.  When parties are considering entering into a licensing discussion or agreement with each other.  Distribution negotiations as well as between start-ups and companies who wish to gauge the potential possibility of future commercial joint ventures. When talking to potential investors; and During mergers and acquisitions
Read more