Question
Where both the parties to an agreement are under a
mistake as to a matter of fact essential to the agreement:Solution
 Indian Contract Act: Section 20 Agreement void where both parties are under mistake as to matter of fact: Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is void. Explanation: An erroneous opinion as to the value of the thing which forms the subject-matter of the agreement, is not to be deemed a mistake as to a matter of fact.
From the below Ind AS 2 is not applicable in which of the following cases?
The recommendation of which committee led to the adoption of the Lead Bank Scheme, which later became the foundation for the Priority Sector Lending (PS...
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Who is the regulator of the corporate sector?
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Accruals are recorded in the books of accounts through:
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ORACLE is an example of:
