Contract Act Section 7. Acceptance must be absolute: In order to convert a proposal into a promise, the acceptance must— (1) be absolute and unqualified; (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed manner, and not otherwise; but if he fails to do so, he accepts the acceptance.
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
RBI recently imposed several restrictions on Indian Mercantile Cooperative Bank Ltd. including a cap of Rs 1 lakh on withdrawals. The Indian Mercantile ...
Match the following:
A) Merchant Banks P) For Foreign Exchange
B) Authorised Dealers (AD...
What is FCCB?
Which of the following statements is TRUE about IMF?
Which of the following statement is/are NOT correct with respect to Non-Banking Financial Companies (NBFCs)?
Which of the following is NOT true about microfinance?
i. These loans are unsecured loans of Upto Rs. 1 lakh mostly given following group len...
The IMF and the World Bank were conceived as institutions to-
........................................is a contractual agreement made between two parties, in which one party agrees to pay for potential losses or da...
Which is correct about Union Budget 2017?
i. The government targets to bring 1 crore households out of poverty ...