Question
A ________ is not an actual contract but it resembles a contract. In other words, it is a contract in which there is no intention on part of either party to make a contract but law imposes upon the parties.
More Accounts Questions
- An entity has Equity Share Capital (equity shareholders’ funds) of ₹10,00,000, Preference Share Capital of ₹4,00,000, and Long-term Debt of ₹6,00,000. Comp...
- As per Section 165 of the Companies Act, 2013, no person, after the commencement of 2 this Act, shall hold office as a director, including any alternate di...
- What is the focus of SA 220 in auditing standards?
- Which type of prospectus can be used for inviting subscriptions of securities for one or more issues over a certain period of time?
- A company’s normal tax liability is ₹50 lakh, but MAT under Sec 115JB is ₹58 lakh. If MAT credit is allowed, how much can be carried forward, and for how m...
- Under the SARFAESI Act, what is the minimum default amount required for enforcement of security interest?
- In Zero-Based Budgeting (ZBB), the budget for each activity is:
- Which of the following is NOT typically part of strategic financial policy?
- Which of the following not regarded as external source of finance?
- Which of the following is NOT considered a qualitative characteristic of accounting information?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt