Question
Where there is an agreement to sell goods on the terms
that the price is to be fixed by thwe valuation of a third party & such third party cannot or does not make such valuation.Solution
Sales of Goods Act: Section 10 Agreement to sell at valuation: (1) Â Where there is an agreement to sell goods on the terms that the price is to be fixed by the valuation of a third party and such third party cannot or does not make such valuation, the agreement is thereby avoided: Provided that, if the goods or any part thereof have been delivered to, and appropriated by, the buyer, he shall pay a reasonable price therefor.
What is the full form of TReDS?
Which of the following is a key determinant of operating leverage?
When the shares are issued for consideration other than cash which account will be debited
The approximate percentage change in a bond’s price for a 1% change in yield to maturity is given by:
What is the difference between bullion and numismatic coins?
Â
For an enterprise with investment in plant and machinery or equipment of Rs.9 crore and turnover of Rs.40 crore will be classified as _______ , as per M...
Payoff to a short position in a forward contract where the forward price is Rs.30 and spot price at maturity is Rs.55 will be _____
The Reserve Bank of India (RBI) doubled the limit for collateral-free loans to micro and small enterprises (MSEs) from 5 lakhs to 10 lakhs following whi...
What is project financing?
An examination of the sources and uses of funds statement is part of:
