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Start learning 50% faster. Sign in nowThe Court held that when a contract is valid no doubt of it being cancelled arises and when it is void ab initio then also no option of cancelling it arises as it is not present in the eyes of law. When a contract has no existence, no action is enforced on it.
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 16,000. If out of a total profit of Rs. 1500, A gets Rs. 500 a...
X, Y, and Z join a partnership and invest some amount. After one year, X doubles its investment, Y increases its investment by 33(1/3)%, and Z increases...
Aman, Bittu, and Ramesh initiated a business with investments of Rs. 4,000, Rs. 4,500, and Rs. 6,000, respectively. Ramesh invested for 2 months longer ...
Armaan began a business with an initial investment of Rs. 2400. After 8 months, Bhuvan entered the business with an amount such that Armaan's investment...
A and B started a business with investments in the ratio of 6:7 respectively. If after one year, the profit earned by A is Rs. 3000, then find the total...
'Anoop' and 'Bheem' started a business with investments of Rs. 3250 and Rs. 3750, respectively. Four months into the business, 'Chitra' joined them with...
A bag contains 35 white and some black balls. If the probability of drawing a black ball from the bag is 1.8 times that of drawing a white ball, find th...
A started a business with an investment of Rs.40000. After few months B joined him with an investment of Rs.45000. If at the end of the year, they share...