Question
Consider the following statements: Statement (I):
A promise made in writing to pay a debt barred by limitation is invalid. Statement (II): A promise to compensate for something done is valid.Solution
Contract Act: Section 25:Â Â Agreement without consideration, void, unless it is in writing and registered, or is a promise to compensate for something done, or is a promise to pay a debt barred by limitation law: (2) it is a promise to compensate, wholly or in part, a person who has already voluntarily done something for the promisor, or something which the promisor was legally compellable to do; or unless.
When employees in the workplace often talk of 'us' and 'them', it reflects that the organisation has a _________ frame of reference.
Which account in the BOP includes transactions related to currently produced goods and services?
Which is the process of converting the organizational structure of the stock exchange from a non-corporate to a corporate structure?
Which of the following would have the lowest credit risk for a bank/lender?
In February 2024, in which of the following sectors, the FDI limit has been increased to 100%?
Imputed cost is _______
What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses...
As per the Companies Act, 2013, the minimum gap between two Annual General Meetings (AGMs) should not be more than:
How much financing did the World Bank approve to help India accelerate low carbon energy development in its second round?
The maximum investment that can be made in Pradhan Mantri Vaya Vandana Yojana (PMVVY) is restricted to _________ per senior citizen.
