Last five sentences of para 3 mentions types of consideration- Consideration may be past which means that the consideration is given before the promise was made, present or also known as executed consideration means when the consideration is given simultaneously to the promise made or future or executory consideration which implies that the consideration for the promise made is to be passed at a future date.
In the context of GeM, what is the full form of ‘PAC’?
Which of the following is an example of “tangible assets”?
The government securities market in India is regulated by _______
In insurance accounting, what do insurance companies set aside to account for potential claims that may arise after the closing date but within the pol...
What duties are taxes on intra-State supplies?
What is the maximum deduction allowed under Section 80U of the Income Tax Act, 1961, for an individual with a normal disability?
Who among the following can issue Certificate of Deposits to raise short term resources?
Which of the following techniques was developed by Kaplan and Norton?
Long term assets without any physical existence but, possessing a value are called
What is Government e-Marketplace (GeM)?