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As per S.7 of Indian Contract Act, 1872 S.7. 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.
The issue of shares by a company on a discount is prohibited and thus, it shall be ____________
Who is considered the "principal employer" in a factory under the Act?
Impeaching credit of witness is covered under which section of the Indian Evidence Act, 1872?
Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall_____________________
An admission by an agent is admissible in________.
Which statement best describes a temporary injunction?
The rescission of a voidable contract may be communicated or revoked in the same manner, and subject to the same rules, as apply to the ________________
In which of the following cases, the Supreme Court of India strack down a clause in the service agreement whereby service of a permanent employee could...
How many members can be nominated to represent the Anglo-Indian Community in the Legislative Assemblies in a State?
What is the tenure for the Chairperson and other whole-time members of the Authority, according to the IRDA Act?