BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Negotiorum Gesto-voluntary management of the property or affairs of another without the knowledge orconsent of the latter. (art. 2144)2. Solutio indebiti-juridical relation which is created when something is received when there is no right to demandit and it was unduly delivered through mistake (art.

Detailed explanation-2: -ne·go·ti·or·um ges·tio. ni-ˌgō-shē-ˈȯr-əm-ˈjes-chē-ō in the civil law of Louisiana : the management of or interference with the business or affairs of another without authority.

Detailed explanation-3: -The Voluntary Administration process provides for the business, property and affairs of an insolvent or nearly insolvent company to be administered in a way that maximises the chances of the company continuing to operate. The process usually lasts for up to 30 business days.

Detailed explanation-4: -a. Negotiorum gestio is the voluntary administration of the property, business or affairs of another, without his consent or authority, that creates an obligation for reimbursement for the necessary expenses the gestor had spent. Example: Juliet left her farm unattended for 1 week because she is having a vacation.

Detailed explanation-5: -Negotiorum gestio – arises whenever a person voluntarily takes charge of the agency or management of the business or property of another without any power or authority from the latter. Solutio Indebiti – arise when a person unduly delivers a thing through mistake to another who has no right to demand it.