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Unqualified means without any material qualification (i) resulting from a limitation on the scope of examination of such financial statements or the underlying data, (ii) as to the capability of a Company to continue operations as a going concern or (iii) which could be eliminated by changes in financial statements or notes thereto covered by ...
Dec 18, 2019 · Acceptance: absolute and unqualified. Acceptance to be legally enforceable must be absolute and unqualified. Section 7(1) of the Indian Contract Act provides that in order to turn an offer into an agreement the acceptance to the offer must be absolute and unqualified. The logic behind the principle that the acceptance to the offer must be ...
Nov 7, 2015 · Acceptance on the bill is classified into Qualified and Unqualified acceptance. Meaning and five Types of qualified acceptance are detailed in this post.
What are the Legal Rules Regarding Consideration? 2] It has to be absolute and unqualified. Acceptance must be unconditional and absolute. There cannot be conditional acceptance, that would amount to a counteroffer which nullifies the original offer. Let us see an example. A offers to sell his cycle to B for 2000/-.
What is 'Unqualified'? Learn more about legal terms and the law at FindLaw.com.
Mar 27, 2023 · Acceptance under Indian Contract Act 1872. According to the Indian Contract Act 1872, acceptance is the final and unqualified expression of assent to the terms of a proposal. The acceptance must be given in the manner and within the time specified in the proposal or, if no time is specified, within a reasonable time.
Definition of "unqualified" Lacking needed skills, abilities, or qualifications ; How to use "unqualified" in a sentence. Because he had not passed the bar exam, he was unqualified to practice law. The company was sued for hiring unqualified staff, which led to poor quality of service.
UNQUALIFIED PERSONS AND THE PRACTICE OF LAW. JANE KNOWLER AND RACHEL SPENCER†. Legal practitioners are integrally involved in the administration of justice and have various duties to discharge in upholding the law and meeting their duties to the court and to their clients.
The meaning of UNQUALIFIED is not fit : not having requisite qualifications. How to use unqualified in a sentence.
Aug 2, 2022 · Engaging in unqualified legal practice, or falsely claiming that you are qualified to engage in legal practice, is a criminal offence in Victoria. Each year, we investigate instances of unqualified legal practice by individuals and/or businesses.
