Question
In order to convert a ___________ into a promise, the
acceptance must be absolute and unqualified; be expressed in some usual and reasonable manner.Solution
Section 7 Acceptance must be absolute.In order to convert a proposal into a promise, the acceptance must(1) be absolute and unqualified;(2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted.
The Bharat Bill payment system (BBPS) is a one-stop ecosystem for payment of all bills providing an interoperable and accessible bill payment service a...
Dearness allowance is taxable in case of:
Which portal monitors outstanding dues to MSEs?
On purchase of old furniture, the amount of ₹1,000 spent on its repair should be debited to:
Which of the following statements is INCORRECT?
As per RBI’s income recognition policy, under what condition can banks recognize interest income on advances against Term Deposits, NSCs, KVPs, and li...
ICDS IV primarily deals with which aspect of financial reporting.
While vouching purchases, an auditor notices that a supplier’s invoice is missing. What is the best course of action?
Which ICDS deals with Accounting Policies?
The due date for depositing the TDS deducted in the month of March is:
Relevant for Exams:
