Question
Which of the following statements is/are true? 1.
If increase in demand and supply are of equal magnitude, the price will remain unchanged, but the equilibrium quantity will increase. 2. If increase in demand is of greater magnitude than increase in supply, both equilibrium price and equilibrium quantity will increase. 3. If increase in supply is of greater magnitude than increase in demand, equilibrium price will fall but equilibrium quantity will increase. Select the correct answer using the code given below:Solution
1, 2 and 3
Under Section 284, the High Court may empower a Magistrate of the second class to try summarily—
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Under Section 14(a) of the Sale of Goods Act, 1930, which of the following is an implied condition in every contract of sale unless otherwise agreed?Â
“Any person who secures access to any electronic record, book, register, or information without the consent of the person concerned or discloses such ...
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Acceptance to be a valid acceptance _______________
Two or more persons are said to consent_______________
