Since discounts accumulate and are then paid to customers, it could be seen that all discounts are “retroactive” as they affect the actual pocket price entered after the invoice is issued and are usually issued after the invoice has been paid. But this is too broad a definition of “retroactive rebates.” Most reductions do...Read More

In Australia, the Court of Equity may grant a partial remedy under the contract if the court demonstrates good conscience and practical justice. [7] [8] Most common law jurisdictions avoid all this confusion by deciding to cancel a contract and set aside an act (i.e., real property) and treat the withdrawal as a contractual...Read More

Here are some useful definitions of the legal language commonly used in rental and lease forms: The short answer is no. The landlord and tenant cannot terminate the lease before the end date unless there is a termination clause in the lease. Although both parties have ways to sue to try to terminate the...Read More

A tax stamp must be affixed to rental receipts if the cash payment is more than Rs. 5000 per receipt. If the rent is paid by cheque, the tax stamp is not required. Today, there are various virtual service providers such as the Housing Edge platform that help you generate rental income online for...Read More

“Adopting a dog won`t change the world, but for that dog, the world will certainly change forever.” Hundreds of pets, including dogs, are abandoned and rescued every day in India. There are many wonderful people across the country who work overtime and strive beyond their abilities. However, there is still a lack of resources...Read More

Thus, if a promisor accepts that the provocateur induces his heir to sell a parcel of land and transfer the proceeds to the promettant in exchange for the services provided to him by the propromisingor until the death of the proprotant, the contract can only be executed after the death of the promiser. Therefore,...Read More

(a) A staff member may be invited to fill temporarily a vacancy at a higher grade. If the employee agrees, performs all duties and assumes full responsibility for the position, he will receive remuneration in addition to his normal salary. Remuneration shall be equal to the difference between the staff member`s salary and the...Read More

You can create a hierarchy of purchase contracts. The high-level parent framework agreement is the parent agreement, and each child child agreement acts as a child agreement. Because the purchase contract is a marketplace, this parent-child hierarchy can be used to create slices and lots. For purchase agreements, select the number sequence in the...Read More

The Land Use Act and the Lagos State Titles Registration Act and other State Land Registry Acts govern the registration of instruments that transfer shares in a property. The provisions of the Transfer of Ownership Act 1882 apply to gifts of immovable property. For the purposes of the Transfer of Ownership Act 1882 and...Read More

The law allows for full respect for the objective of the parties. In Beswick v. Beswick, it was agreed that Peter Beswick would transfer his business to his nephew in exchange for the nephew employing him for the rest of his life and then pay a weekly pension to Mrs. Beswick. Since the latter...Read More