Question
What type of contract is created when the performance
of an existing contract depends on the occurrence or non-occurrence of a collateral and uncertain future event?Solution
Explanation: Section 31- 36: Contract to do or not to do something if some event, collateral to such contract does or does not happen. These are conditional contract as they are dependent on an uncertain future event which must be collateral to the contract.
Ratio of monthly income to monthly expenditure of A is 11:9, respectively and monthly savings of A is Rs. 2880. Find the monthly income of A.
If the third proportion of 18 and 12 is "0.25m", then find the value of (m β 10) : (m + 30).
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A sum of money is divided in the ratio of 4:9. If the larger part is 153. Find the smaller part.
A sum of money is divided among P, Q, R and S in the ratio of 1:2:5:6 respectively. If the share of R's is Rs. 2850 more than the share of Q, then what ...
The ratio between two numbers is 7:8. If each number is increased by 9, the ratio between then become 10:11, find the difference between numbers.