Login / Signup

Question

When is an agreement voidable at the option of the party under the Indian Contract Act, 1872?

A When both parties freely consent without any misrepresentation

B When consent is caused by coercion, fraud or misrepresentation

C When the contract is signed in the presence of a witness

D When the contract is between two corporations

Practice Next

More Accounts Questions

If a company issues bonus shares in the ratio of 3:5, what would be the new number of equity shares held by a shareholder who owns 2,000 shares?
On 1st Jan, X Ltd. purchased 1,000 debentures of ₹100 each in Y Ltd. at ₹105 cum-interest. Interest is payable on 30th June and 31st Dec @12% p.a. On 1st A...
Input 20,000 units; normal loss 10% with scrap value ₹3/unit; actual output 18,300 units. Determine abnormal gain/loss units.
As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities of c...
In which document of the company is the purpose or objective of its incorporation mentioned, as per the Companies Act?
Which of the following statement is incorrect with respect to income under the head salaries?
X Ltd. is committed to supply 24,000 bearings per annum to Y Ltd. on steady basis. It is estimated that it costs 10 paise as inventory holding cost per bea...
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
A project requires ₹4 lakh initial investment and yields ₹1 lakh annually for 5 years. If the cost of capital is 10%, what is the Net Present Value (NPV)?
Under which section of the Income Tax Act, 1961, are the provisions related to TDS on interest on securities mentioned?

Hey! Ask a query

ask-question