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1. Introduction
Basic philosophy, which works behind a contract, is based on a Latin phrase, and this phrase states that agreement must be kept. However, only valid contract can be kept. And for making of a valid contract, essentials and purpose of the contract are the very importance.

2. Definition
According to Contract Act, an agreement, which is enforceable by law, is a contract.

3. Essentials of Valid Contract

Following are the main essentials of a valid contract.

i. Free Consent of Parties
...

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1. Introduction:
Partnership is the relation between persons who have agreed to share the profit of business carried on by all or any of them acting for all. The person who have entered into partnership with one another are called partner. The rights and duties of partner. The rights and duties of partners are determined in accordance with the agreement of the firm, are agent as well as principals.
2. Partner:
The person who enters into partnership trough agreement is known as partner. He has agreed...

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Introduction
The Liquidation or winding up a company is a process through which life of company and it’s all affairs are wound up and its property administered for benefits of its creditors and members. An administrator, who is called liquidator, is appoint to take control of company, collect its assents, pay its debts and finally if any surplus assents are left, they are divided among the members of the company in proportion to their rights under the articles. This being done the company is
...

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Sources on british constitution:
sources mean what is the material on which british constitution is based.There are three sources on which british constittution is based given below
Legal cources,Conventional sources,Advisory Sources

Legal Sources:There are three legal sources.
Statue Law,Case law,Customary law

(1) Statue law (Parliament Acts):All the laws which are passed by the british parliament are called statue law For eg.

Bill of Rights 1668:No rax can be levied or no army action can be taken...

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Introduction:

In Great Britain, appointment of Prime Minister is not explained under constitution or law. Concept of Prime Minister has been evolved in Great Britain during those constitution changes, which spread over centuries. In fact, appointment of Prime Minister is due to convention. Now it is an admitted convention that British King/Queen invites a person, who commands majority in House of commons , to form government. Thus, British King/Queen appoints Prime Minister from House of Common.

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Power of U.S President

Introduction:Its is often remarked that the president of the united states wields the largest authority ever wilded by any in a democracy

Power and Position:The power of the persident are enormous we discuss them under the flowing heads
Executive:

chief Executive:He is the chief executive and as such it is his duty to see that the laws and treaties are enforved thirught out country

Appointments:He has the power to make all the important appointments but all such appointments...

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Introduction
The process of Amendment in USA constitution is so rigid. It is discussed in Article V. The proposal of amendment may be by two third majority of congress or by the two third majority of states. And it must ratify by the three fourth majority of states.
The Article V of constitution deals with the process of Amendment.
Stage of Process
There are two stages of the Amendment one is proposal and second is ratification.
(i) Proposal
When any one wants to amend something in constitution.
...

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Introduction:

A constitution consists of those fundamental rules which determine and distribute functuins and powers among the various organs of the goverment the us constitution set forth the nations fundmental laws and is the supreme law of the land
Silent Features Of USA Constitution
These are following silent feature of USA Constitution.
Written:The USA Constitution is written Constitution which is made at Philadelphia convention in 1789. It consist on seven articles which are not more than seven...

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Silent feature of UK Constitution

 Introduction: A constitution mean certain principles on which the government of the state is organized and which determines the relations between the peaple and the goverment.The Constitution of U.K is uniqe in nature.And it is the oldest constitution of the word
following are the salient features of the U.K Constitution:

Unwritten:The british constitution is unwritten in nature but it does not uimply or suggest that all of its parts are unwritten.It means that...

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