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Understanding IPR relating to Work Products
How to Understand Intellectual Property Rights in Employment? Intellectual Property is any creative work or invention of the mind and it belongs to the person who created it unless it is stated otherwise in a predetermined contract. In the case…
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What is Accounts Payable? Definition, Example, Uses
Accounts Payable in India Accounts Payable Meaning Accounts Payable (AP) refers to the amount of money a business owes to its suppliers or vendors for goods and services received but not yet paid for. In simpler terms, it is the…
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Implications of a Force Majeure Clause
Are you worried about force majeure events impacting your contract in India? It’s crucial to understand the force majeure clause’s meaning and its legal definition. A force majeure clause in contract explicitly sets out the terms that excuses a party…
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