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Under Tort Law, certain kind of “immunity” is granted to judicial officers and quasi-judicial authority. It is important here to know the basic difference between the said authorities to make the whole idea of immunity clearer. Judicial authorities are that of court of law or judges which interpret the law, settle disputes and punish those who broke the code. On the other hand, quasi-judicial bodies are authorities who have powers resembling those of the judicial bodies and are restricted to certain areas of expertise. Judicial authorities may have the power to create new laws in time of dire need leading to Judicial Activism, however, quasi-judicial bodies do not have this power and are bound to draw conclusions based on existing law. The defence of “immunity” under tort law is required so that it does not intervene with their process of work.
A shopkeeper bought two articles for Rs. 250 each. If he sold one of them at 40% profit and the other at 20% loss, then find the difference between the ...
A company produces two products, A and B. The cost price of product A is ₹300 and product B is ₹450. If the company sells 200 units of product A and...
A shopkeeper bought an article for Rs. 250. He sold it at profit 20% after allowing a discount of 20%. If instead he had sold it at 12% discount, then f...
A fruit vendor purchased oranges at Rs. 180 per dozen and sold them for Rs. 18 each. He managed to sell 10 dozen oranges. Calculate the total profit he ...
An article is sold at a price that is 40% higher than its cost price. After offering a discount of Rs. 116, the seller still makes a profit of 24%. Wha...
If by selling an article for Rs. 366 a shopkeeper gains 22%, find its cost.
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
...A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned ...
A spent 26% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 2035, then find the amount spent on study