Law of torts theory says that there is no general principle of liability as such but only a definite number of torts as trespass, negligence, nuisance, defamation etc. and the plaintiff has no remedy unless he brings his case under one of the nominate torts. Salmond, propounded that there is no law of tort, but there is law of torts. According to him the liability under this branch of law arises only when the wrong is covered by any one or other nominate torts. There is no general principle of liability and if the plaintiff can place his wrong in any of the pigeon-holes, each containing a labelled tort, he will succeed. This theory is also known as ‘Pigeon-hole theory’ . If there is no pigeon-hole in which the plaintiff’s case could fit in, the defendant has committed no tort.
Cost price of a bag is Rs.600. The shopkeeper marked it 60% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold ...
What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
The ratio of the cost price to the marked price of an article is 1:2 and the ratio of the profit percentage to the discount percentage is 2:1. Find the...
A tradesman marks his goods 32% above the cost price and allows his customers 10% reduction on their bills. What percentage profit does he make?
Deepak sells all his goods available in his shop at the cost price, but he cheats on his customers and gives 25% fewer goods than he should give. Find h...
A shopkeeper sells an article at a profit of 12.5% on the selling price. Find the actual profit percentage.
When a shopkeeper bought an article and marked it at Rs. 300. By selling the article at a discount of 10%, he earns a profit of 2...
Amazon allows 15% discount to his customers and still earn 19% profit. If the production cost of the product is increased by 12% therefore Amazon issued...
In a fruit shop, there are 750 fruits in total. Unfortunately, 20% of them are rotten and unsellable. From the good fruits left, half are sold at the c...
A book is sold at two different prices. When sold at a loss of 22%, it fetches Rs. 165 less than when it is sold at a profit of 11%. What would be the s...