Question
In the case of Harvey v. Facey it was held
that___________Solution
It was observed by the Privy Council that there never existed an agreement between the parties to the case and it also stated that for a contract to be a valid one, a proposal and the acceptance of the proposal are needed so as to make the contract binding on the parties. Mere reply of a query is not an acceptance. Apart from this, the acceptance of the proposal must be notified to the individual who is making the proposal because a legally enforceable agreement requires certainty to hold from both the parties to the contract.
Market is a place of ______.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
A policy that covers loss or damage to a householder's property is:
Which feature is not allowed in the Indian insurance market?Â
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
What does the preamble of an insurance policy NOT typically include?
The 'Own Damage' cover in a motor insurance policy protects the insured against:
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