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1.

Regressal System
mechanism commonly used to receive and act on complaints or grievances
reported by stakeholders of private or public institutions, enabling prompt actions
on any issue raised by them and to avail services more effectively.

2. MOA & AOA


 Memorandum of Association It is a legal document prepared during the formation
and registration process of a company to define its relationship with shareholders
and it specifies the objectives for which the company has been formed.

Article of Association (AoA) lays down the rules and regulations for the internal
management of the company. It specifies the duties, rights, and powers of the
management of the company. An Article of Association is subsidiary to the
Memorandum of Association (MoA).

3. Duties of sellerpurpo
1). Duty to Deliver goods:
2). Duty to put goods in deliverable state:
3). Duty to refund the price:
4). Duty to pay interest:
5). Duty to pay damages for breach of warranty:

4. digital signature
technique used to validate the authenticity and integrity of a message, software or
digital document. It's the digital equivalent of a handwritten signature or stamped
seal, but it offers far more inherent security.

5. corporate governance
Corporate governance is the system by which companies are directed and
controlled. Boards of directors are responsible for the governance of their
companies.

6. Clauses of MOA and AOA


An MOA is a type of legal paper that is prepared when forming and registering a
limited liability company (LLC). A memorandum of association contains a name
clause, registered office clause, object (or objective clause), objects clause, liability
clause, capital clause, and association clause.
AoA contains clauses related to amalgamation of the company, winding up of the
company, nature of business, issue and allotment of shares, issue and allotment of
debentures

7. Sales of goods act


a contract whereby a seller transfers or agrees to transfer the property in goods to
the buyer for a price

8. Rights and duties of buyers and sellers

9. What is a quasi-contract?
arrangement between two parties who have no previous obligations to one
another. It is created by a judge to correct a circumstance in which one party
acquires something at the expense of the other.

10. Explain three tier consumer redressal system


 the District Forum, State Commission and National Commission

11. Explain Memorandum of Association


It is a legal document prepared during the formation and registration process of a
company to define its relationship with shareholders and it specifies the objectives
for which the company has been formed.

12. Explain the essential elements of the Indian contract act


Offer and acceptance.
Intention to create legal obligation.
Free consent of parties.
Competent Parties.
Consideration and.
Lawful Object.

13. What is agreement, proposal, consideration

14. What are negotiable instruments

A negotiable instrument is a signed document that promises a sum of payment to a


specified person or the assignee.

15. Explain the different types of negotiable instruments


checks, promissory notes, bills of exchange, customer receipts, delivery orders

16. Sales of goods act


17. a contract whereby a seller transfers or agrees to transfer the property in goods to
the buyer for a price

18. Digital Signature


technique used to validate the authenticity and integrity of a message, software or
digital document. It's the digital equivalent of a handwritten signature or stamped
seal, but it offers far more inherent security.

19. Warranty terms

20. Duties of buyers and sellers


Buyer- Check different products, select quality product, negotiating price
Seller- Duty to Deliver goods, Duty to put goods in deliverable state, Duty to refund
the price, Duty to pay interest, Duty to pay damages for breach of warranty

21. Related to Governance

22. Patents

A patent is the granting of a property right by a sovereign authority to an inventor.

23. Components of AOA


the AoA includes a company's legal name, address, purpose, equity capital,
organization of the company, financial provisions, and provisions regarding the
shareholder meetings.

24. Warranty and Conditions


A condition is an obligation which requires being fulfilled before another
proposition takes place. A warranty is a surety given by the seller regarding the state
of the product.

25. Digital Signature


technique used to validate the authenticity and integrity of a message, software or
digital document. It's the digital equivalent of a handwritten signature or stamped
seal, but it offers far more inherent security.

26. Consumer redressal machinery


The Consumer Protection Act provides for setting up of a three-tier enforcement
machinery at the District, State, and the National levels.

27. Digital signature


technique used to validate the authenticity and integrity of a message, software or
digital document. It's the digital equivalent of a handwritten signature or stamped
seal, but it offers far more inherent security.
28. 5 duties of seller
Duty to Deliver goods:
Duty to put goods in deliverable state:
Duty to refund the price:
Duty to pay interest:
Duty to pay damages for breach of warranty:

29. Difference between patent and copy right


Copyrights protect original artistic works. That includes things like photos, books.
A patent essentially grants its owner a monopoly on the innovation, but only for a
limited time

30. Contract of indemnity


A Contract whereby one party promises to save the other from loss caused to him
by the conduct of the promisor himself or by the conduct of any other person, is
called a contract of indemnity."

31. Difference between contract and agreement

32. Contract of warranty


 warranty is a stipulation collateral to the main purpose of the contract, the breach
of which gives rise to a claim for damages 

33. Quazi contract


arrangement between two parties who have no previous obligations to one
another. It is created by a judge to correct a circumstance in which one party
acquires something at the expense of the other
34. Essential elements of valid contract

35. Coercion law


the unlawful detaining, or threatening to detain, any property, to the prejudice of
any person whatever, with the intention of causing any person to enter into an
agreement.

36. Licensing agreement


Licensing agreements generate revenues, called royalties, earned by a company for
allowing its copyrighted or patented material to be used by another company.

37. Copyright and patent

38. Bills of exchange


A bill of exchange is a binding agreement by one party to pay a fixed amount of
cash to another party as of a predetermined date or on demand.

39. Agreement and contract


An agreement is any understanding or arrangement reached between two or more
parties.
A contract is a specific type of agreement that, by its terms and elements, is legally
binding and enforceable in a court of law.

40. Coercion law


the unlawful detaining, or threatening to detain, any property, to the prejudice of
any person whatever, with the intention of causing any person to enter into an
agreement.
41. Licensing agreement

Licensing agreements generate revenues, called royalties, earned by a company for


allowing its copyrighted or patented material to be used by another company.

42. Copyright and patent

43. Bills of exchange


A bill of exchange is a binding agreement by one party to pay a fixed amount of
cash to another party as of a predetermined date or on demand.

44. Agreement and contract


An agreement is any understanding or arrangement reached between two or more
parties.
A contract is a specific type of agreement that, by its terms and elements, is legally
binding and enforceable in a court of law.

45. 3 tier consumer redressal system


District, State commission, National Commission

46. who is an alien enemy?

Enemy aliens are the subjects of that country that is at war with India.

47. difference between void and voidable contract


while a void contract is one that was never legally valid to begin with (and will never
be enforceable at any future point in time), voidable contracts may be legally
enforceable once underlying contractual defects are corrected.

48. types of directors


Executive Director is the one involved in the routine management of the firm as
well as he/she is the full-time employee of the company. A Non-Executive Director
is a member of the company's board, but he/she does not possess the management
responsibilities.

49. E signature
technique used to validate the authenticity and integrity of a message, software or
digital document. It's the digital equivalent of a handwritten signature or stamped
seal, but it offers far more inherent security.

50. Breach of contract

A breach of contract occurs when one party in a binding agreement fails to deliver


according to the terms of the agreement. A breach of contract can happen in both a
written and an oral contract. 

51. AoA
Article of Association (AoA) lays down the rules and regulations for the internal
management of the company. It specifies the duties, rights, and powers of the
management of the company. An Article of Association is subsidiary to the
Memorandum of Association (MoA).

52. MoA
Memorandum of Association It is a legal document prepared during the formation
and registration process of a company to define its relationship with shareholders
and it specifies the objectives for which the company has been formed.

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