X chartered a ship to Y which was described in the ‘Charter party’ and was represented to him as being not more than 2,800 tonnage register. It turned out that the registered tonnage was 3,045 tons. Y refused to accept the ship in fulfilment of the charter party. Is Y's action valid?
Thursday, January 10, 2008
Contract Act_Practicle Problms_65
X sells by auction to Y a horse which X knows to be unsound. The horse appears to be sound but X knows about the unsoundness of the horse. Is this contract valid in each of the following alternative cases:
Case (a) X says nothing about the unsoundness of the horse to Y.
Case (b) If X says nothing about it to Y who is X’s daughter who has just come of age.
Case (c) If Y says to X “If you do not deny it, I shall assume that the horse is sound.” X says nothing.
Contract Act_Practicle Problms_64
X. an agent, refused to hand over the account books of Y, the principal to the new agent appointed in his place unless the principal released him from all liabilities. The principal had to give a release deed as demanded. Is this release deed binding upon the principal?
Fresh Fish
Am interested to share the below ……..a small story with you.
The Japanese have always loved fresh fish. But the water close to Japan has not held many fish for decades. So to feed the Japanese population, fishing boats got bigger and went farther than ever. The farther the fishermen went, the longer it took to bring the fish. If the return trip took more time, the fish were not fresh.
To solve this problem, fish companies installed freezers on their boats. They would catch the fish and freeze them at sea. Freezers allowed the boats to go farther and stay longer.
However, the Japanese could taste the difference between fresh and frozen fish. And they did not like the taste of frozen fish. The frozen fish brought a lower price. So, fishing companies installed fish tanks. They would catch the fish and stuff them in the tanks, fin to fin. After a little thrashing around, they were tired, dull, and lost their fresh-fish taste. The fishing industry faced an impending crisis! But today, they get fresh-tasting fish to Japan. How did they manage? To keep the fish tasting fresh, the Japanese fishing companies still put the fish in the tanks but with a small shark. The fish are challenged and hence are constantly on the move. The challenge they face keeps them alive and fresh!
Have you realized that some of us are also living in a pond but most of the time tired and dull? Basically in our lives, sharks are new challenges to keep us active. If you are steadily conquering challenges, you are happy.
"Your challenges keep you energized. Don't create success and revel in it in a state of inertia. You have the resources, skills and abilities to make a difference. Put a shark in your tank and see how far you can really go..!"
The Japanese have always loved fresh fish. But the water close to Japan has not held many fish for decades. So to feed the Japanese population, fishing boats got bigger and went farther than ever. The farther the fishermen went, the longer it took to bring the fish. If the return trip took more time, the fish were not fresh.
To solve this problem, fish companies installed freezers on their boats. They would catch the fish and freeze them at sea. Freezers allowed the boats to go farther and stay longer.
However, the Japanese could taste the difference between fresh and frozen fish. And they did not like the taste of frozen fish. The frozen fish brought a lower price. So, fishing companies installed fish tanks. They would catch the fish and stuff them in the tanks, fin to fin. After a little thrashing around, they were tired, dull, and lost their fresh-fish taste. The fishing industry faced an impending crisis! But today, they get fresh-tasting fish to Japan. How did they manage? To keep the fish tasting fresh, the Japanese fishing companies still put the fish in the tanks but with a small shark. The fish are challenged and hence are constantly on the move. The challenge they face keeps them alive and fresh!
Have you realized that some of us are also living in a pond but most of the time tired and dull? Basically in our lives, sharks are new challenges to keep us active. If you are steadily conquering challenges, you are happy.
"Your challenges keep you energized. Don't create success and revel in it in a state of inertia. You have the resources, skills and abilities to make a difference. Put a shark in your tank and see how far you can really go..!"
Wednesday, January 09, 2008
Do not act like an elephant
Do not act like an elephant. Strange statement, isn’t it? But read carefully because it can make a difference of success and failure in your business and private life.
You may know that in India elephants are used for manual labor. But what to do with them when they are not working? How to restrain them?
Their handlers came up with the idea to "program" them while they are still very young by setting self-imposed limits into their thinking.
how does it work?
When the elephants are still small, weighing around 150 pounds they get tied up with a very heavy rope. All day long, the elephants try to get rid of it, whine, tug at it and some of them even try to chew it. But they can’t break free.
When the elephants are still small, weighing around 150 pounds they get tied up with a very heavy rope. All day long, the elephants try to get rid of it, whine, tug at it and some of them even try to chew it. But they can’t break free.
Finally the elephant gives up and the fight is over. From this moment on, they strongly believe that there is absolutely no chance to get rid of the rope.They accept the "fact" that the rope limits them. And with this imprinted belief in place, their handlers are able to tie them with extremely small ropes, even as adults weighing 8,000 pounds and more, they never attempt to break free, because they "know" they have no chance at all! Thus, elephant's limits are not real but they exist only in their mind.
We also have built-in boundaries. They are also not real but exist only in our minds. But it doesn’t have to stay this way. Our negative belief systems don’t have to limit us for good. If you truly want to become successful and are not kidding yourself, you can change your inner belief system, your attitude, and break your inner boundaries.
You might feel that there are certain characteristics of your personality that are part of you and therefore cannot change; it's just the way you are, the way God made you. Although it's true that you have certain inborn traits, certain strengths and weaknesses, this doesn't mean that you can never change. You might wonder how this can be, how you can change what you feel is a long-standing habit, an almost ingrained characteristic, and turn it into something different.
All things are possible !!! It just takes a sincere desire to receive His help, and determination to follow through.
You always have the inner strength, the personal power to change everything in your life for the better.
Just try!!! Never give up. And never act like an elephant. !!!!
Good quote
Lovers plan to suicide. Boy jumped first.
Girl Closed her eyes but returned saying love is blind.
Boy in air opened his parachute & said love never dies.
Girl Closed her eyes but returned saying love is blind.
Boy in air opened his parachute & said love never dies.
Monday, January 07, 2008
Subscribe to:
Comments (Atom)
