Business Laws and Business Correspondence and Reporting - September 2026

Green Wave Solutions is a new entrant in software development owned by Mr. Arjun. The business had bagged a software development contract, Its employees were struggling to overcome a complex coding bug while developing the software. To resolve this, Mr. Arjun sent an e-mail to all employees on 1 May 2026 stating: “My father has agreed to pay = 50,000 as bonus out of his personal savings to any employee who successfully fixes the bug.” ZKA(H) P.T.O. (2) ZKA(H) Meera…

3. Fixing the bug fell under her ordinary duties, and since the money was promised by his father (a third party), there was no valid legal consideration. ZKA(H) Marks (3) ZKA(H) Marks Determine the following under the provisions of the“Indian Contract Act, 1872: (i) Whether Meera was required to communicate her acceptance of the offer to Mr. Arjun. (ii) Whether the revocation of offer by Mr. Arjun is legally valid and binding on Meera. (iii) Whether the consideration of 2…

Neel, Dhruv and Alex were partners in M/s Fabrics Textile Agency, sharing profits and losses in the ratio of 4:3:3. They had contributed to the capital of the firm also in the same ratio. M/s Fabrics Textile Agency acted as agents between the manufacturers and buyers of some industrial machines, ZKA(H) P.O. (8) ZKA(H) Marks by providing guarantee to the manufacturers on behalf of the buyers for which they were earning commission. They had provided continuing guarantee to a manufacturer…

(a) Mr. Samrat, a garment manufacturer of Surat, entered into a contract with Vogue Fabrics Limited on 1“ September 2025. The contract stated that Vogue Fabrics Limited would supply 1,000 meters of premium silk at % 2,000 per meter, with the delivery scheduled for 1 December 2025. Mr. Samrat required this silk to fulfill an export order worth = 30 Lakhs, and he explicitly informed Vogue Fabrics Limited of this requirement including the export pricing details at the time of…

Apples and Juice Limited are engaged in the sale of raw apple as well as processed apple juice in and around India. The Raw apples and the juice are safely packed and transported to cold storages situated in almost every state in India. The Company has a storage facility at Faridabad. from where it supplies items to North Indian states. Fresh Tropical Limited is a retail unit situated in Faridabad near Delhi dealing in products of M/S Kashmir Apples and…