Question
Which of the following situation occurs when one party
in a negotiation has relevant information the other party lacks.Solution
Adverse selection occurs when one party in a negotiation has relevant information the other party lacks. The asymmetry of information often leads to making bad decisions, such as doing more business with less profitable or riskier market segments.
Transfer of right to enjoy an immovable property in consideration of price is known as:
Animus Possidendi means:
Section 15 of the Prevention of Corruption Act deal with________Â
A obtains property from Z by saying “Your child is in the hands of my gang, and will be put to death unless you send us 1 lakh rupess”. In this si...
Under The Mediation Act, 2023, community mediation may be conducted for disputes that likely affect :
Limited Liability Partnership act is an act for formation and regulation of___________
Which of the following is not a duty of partners under the Partnership Act?
If within 30 days the parties fail to appoint their arbitrators or the arbitrators fail to appoint the third arbitrator the arbitrator shall be appoint...
When a suit for compensation has to be filed by A for wrong done to his movable property by B in Calcutta, A and B both reside in Delhi. Where can the p...
What is the term period of imprisonment that is imposed on a person who obstructs the Chief Inspector, to make an entry, inspection, examination, or inq...
