Question
A painter ‘X’ has entered into contact for painting
picture for ‘Y’ Subsequantly ‘X’ has refused. Which of the following remedy is available to ‘Y’ against ‘X’?Solution
Section 73.   Compensation for loss or damage caused by breach of contract- When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they made the contract, to be likely to result from the breach of it. Such compensation is not to be given for any remote and indirect loss or damage sustained by reason of the breach.
In the basic Solow model of growth
Given that 3x-2y+297 = 0. SD(X) / SD(Y) = 4/3 Find r?
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
In a floating exchange rate regime, if the demand for a country's exports increases, its currency will typically:
For which of the following consumption functions, the value of income multiplier, k=5?
What is the short-run effect of expansionary fiscal policy under a flexible exchange rate regime with perfect capital mobility?
Country A can produce 10 units of cloth or 5 units of wine in a day. Country B can produce 6 units of cloth or 4 units of wine in a day. Which country h...
Which of the following is NOT one of the four priorities on which the budget proposal of 2022-23 rests?
The difference between the spot price and the futures price of an asset is primarily explained by:
