In every society, the legal system plays a very crucial part as laws and regulations govern the life of its citizens, and provide them with certain rights and duties. It is mandatory for each and every person to abide by the legal principles, and non-violation attracts serious punishment, such as imprisonment or penalty. In legal …
7 Difference Between Substantive Law and Procedural Law Read More »
In a country, laws, and regulations holds paramount importance as they not only regulate the behavior of its citizens but also structure a civilized society. A well systematic legal system is the backbone of a successful country, which gave ample opportunities to its citizens to flourish and put the foundation of a developed nation. All …
6 Difference Between Statutory Law and Common Law Read More »
The term Act and Law are often used interchangeably or synonymously by a layman. However, this is not correct, and there are substantial differences between the two. For a brief overview, it is important to understand that the Act is passed by a competent law-making body (legislation) whereas law is a much wider term that …
In a valid and enforceable contract, it is the legal responsibility of the parties to fulfil all the obligations in accordance with the terms of the contract. Many a time, the parties fail to do so, and the non-fulfilment of this contractual obligation is known as a breach of contract. In the event of a …
Difference Between Liquidated Damages and Penalty Read More »
