Mercantile law is a body of law or a legal code that deals with international commerce, business transactions and operations like agreements, contracts, copyrights, franchising, insurance, licensing, patents, shipping, transport, trademarks etc. The most important aspect of any transaction is the agreement between two parties, which is either implied or expressed. It refers to those customs and rules that apply to traders and businessmen on their dealings and trading with each other. During 1872, The Indian Contract Act was brought into existence, which codified and recognised unified principles of mercantile law. Major acts that have been enacted by the Indian legislation which are related to mercantile law are:
Indian Contract Act (1872)
Sale of Goods Act (1930)
Indian Partnership Act (1932)
Negotiable Instruments Act (1881)
The Arbitration and Conciliation Act (1996)
The Insurance act (1938)
The Carriers Act (1865)
The Presidency Town Insolvency Act (1909)
& Provincial Insolvency Act ( 1920)
The Indian mercantile law is heavily based on the English mercantile law, even now, in the absence of laws relating to any matter in the Indian law, the courts use English law to make their decisions.
We at OTOO work towards connecting you with the best tutors and trainers for the subjects you want to excel in and we have considered each and every aspect of it. OTOO connects you with the best tutors at your home in a few clicks. The tutors that we connect you with are efficient and reliable in their respective fields, leaving minimum space for complaints.
Here are few more reasons to choose OTOO home tuitions for your academics-
1. Personal attention towards all the queries.
2. Special attention on all the weak areas of the student which needs to be improved.
3. No interference of other people during study hours.
4. Personalized methods of teaching and improving in the subject.
5. The effective study material provided by the tutor to individual students.
With competition becoming tougher and class size increasing, children are stressed to perform better. Home tuitions help you bring the focus back to your child and get one-on-one attention from the best teachers. Our students clear their concepts directly, learn confidently and improve their grades.
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Why we need to hire a home tutor– As you move ahead in your school curriculum and get into you
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