Question
An agent ____________ personally enforce contracts
entered into by him on behalf of his principal, nor is he personally bound by themÂSolution
Cannot, S. 230. Agent cannot personally enforce, nor be bound by, contracts on behalf of principal: In the absence of any contract to that effect, an agent cannot personally enforce contracts entered into by him on behalf of his principal, nor is he personally bound by them.
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
The price sensitivity of the market is an important factor of ________ element of micro environment.
Under IFRS 13, which level of the fair value hierarchy uses observable inputs other than quoted prices?
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
Which of the following is not a source of long-term finance?
For the financial year ended 31st March 2023, the figures extracted from the balance sheet of ABC Ltd. are as under:
Opening stock 29,000 Closing...
How many digits are there in an IFSC code used to transfer money using NEFT?
What is the rate of TDS to be deducted in payment or credit to a resident contractor/sub-contractor other than an individual or a Hindu Undivided Family?
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
Which of the following is not a correct feature of a microfinance loan as per RBI’s guidelines?