Question
Where one person employs another to do an act, and the
agent does the act in good faith, the employer is liable __________________Solution
Contract Act Section 223. Agent to be indemnified against consequences of acts done in good faith: Where one person employs another to do an act, and the agent does the act in good faith, the employer is liable to indemnify the agent against the consequences of that act, though it causes an injury to the rights of third persons.
Which of the following ratio is useful in evaluating credit and collection policies?
What is the "Indian Banks' Association (IBA)"?
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
What will be the impact on the unsystematic risk of a portfolio as the number of stocks in a portfolio increases?
Depreciation is charged on __________ as per the ___________ of accounting.
Buffer stock’ is the level of stock
Which of the following is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set fo...
Which of the following are not TRUE about CERSAI?
1.   CERSAI’s full form is Central Registry of Securitization Asset Reconstruction and ...
Which of the following is not a qualitative characteristic of accounting information?
Job ___________ is the process of describing jobs and arranging their interrelationships.