Law

Law of Obligations

Law of Obligations

Prime purpose of this lecture is to describe on Law of Obligations; in terms of business law. Law of obligation means legally enforceable duty to give something, to do something or to refrain from doing something. This lecture also briefly describe on Sources of obligations: Legal transactions, especially contracts; Tortious liability and Unjust enrichment. Finally discuss on Contract law, Revocation and Lapse of time.