Question
Doctrine of part-performance is covered under which
section of the Transfer of Property Act?Solution
 S. 53A. Part performance .—Where any person contracts to transfer for consideration any immoveable property by writing signed by him or on his behalf from which the terms necessary to constitute the transfer can be ascertained with reasonable certainty, and the transferee has. in part performance of the contract, taken possession of the property or any part thereof, or the transferee, being already in possession, continues in possession in part performance of the contract and has done some act in furtherance of the contract, and the transferee has performed or is willing to perform his part of his part of the contract, then, notwithstanding that , or, where there is an instrument of transfer, that the transfer has not been completed in the manner prescribed there for by the law for the time being in force, the transferor or any person claiming under him shall be debarred from enforcing against the transferee and persons claiming under him any right in respect of the property of which the transferee has taken or continued in possession, other than a right expressly provided by the terms of the contract: Provided that nothing in this section shall affect the rights of a transferee for consideration who has no notice of the contract or of the part performance thereof.
In a futures contract, marking-to-market refers to:
If coefficient of correlation rxy= 1, then
In the context of "swarm-like clusters" (Swarm Intelligence), which of the following best describes the mechanism that allows the group to exhibit compl...
In the foreign exchange market price of US Dollar rises from ₹ 60 to ₹ 61. This means that_____
Which of the following is not true with regard to credit rating agency?
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
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If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
The "Tragedy of the Commons" is most directly associated with the problem of providing:
If a random variable X follows a uniform distribution between 0 and 1, what is the expected value of X?