Explain following statements
1. Law is human experience
2. Government is an instrument of people
3. Agency relationship is a triangular reltionshp
4. A cmpny is a legal person
5. Nemo dat quod non habet
Explain following statements
1. Law is human experience
2. Government is an instrument of people
3. Agency relationship is a triangular reltionshp
4. A cmpny is a legal person
5. Nemo dat quod non habet
All contracts are agreements but all the agreements are not contracts..agreement is only meeting of minds,but a contract is a legally enforceable agreement.Before starting a contract there must be an agreement with each other behalf on consideration,legality & capasity of the contract.....yes a Company is an artificial human after incorporation..if there is any complaint or sue about company's wrong doing should be done direct to company's name..(im not a law student,but i'v read about those facts.sory if there are any mistkes )