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Estoppel is a legal principle that prevents someone from denying or asserting something that is contrary to what they previously stated or implied. Regarding the given multiple-choice question, the correct answer is d) All of the above. a) Estoppel by silence: This occurs when a person fails to speak up when they have an obligation to do so, and their silence leads another person to believe something that is false. For example, if a landlord knows that there is a problem with the property they are renting out, but fails to disclose it, they may be estopped from later denying knowledge of the issue. b) Estoppel by negligence: This occurs when a person fails to exercise reasonable care, and that failure results in another person relying on their actions or inactions. For example, if an accountant fails to catch an error on a client's tax return, and the client relies on the return being accurate to their detriment, the accountant may be estopped from denying liability for the mistake. c) Estoppel by election: This occurs when a person makes a choice between two inconsistent positions, and the choice results in another person relying on that choice. For example, if a person chooses to accept a payment plan for a debt, rather than insisting on full payment, they may be estopped from later seeking full payment.
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Who among the following is not one of the eligible beneficiaries of PMUY?