Second master note in settlement of the main note

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Reference no: EM132455813

Business and Labour Laws (MGT611)

Assignment No. 1

Give your supposition in taking after cases:

Case 1: Ahmed, a minor, obtained some cash and executed a professional note for it. In the wake of achieving the period of lion's share, he executed a second master note in settlement of the main note.

Talk about the status of understanding and first and second master notes in the light of important areas of the Contract Act, 1872.

Case 2: Alpha Company makes a concurrence with Mr. Sajid to offer some property which the organization is not approved by its update of affiliation.

Is it accurate to say that this understands substantial, void or voidable? Talk about in the light of the Contract Act, 1872.

Note: Prepare your task According to Pakistan Laws and Regulation and additionally in MS Word group i.e. "doc" or "rtf". Try not to set up your task in Excel, Power Point, PDF or some other configuration.

Reference no: EM132455813

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