Question
Fiction theory is related to which of the following
conceptsSolution
As per the fiction theory, a corporation exists only as an outcome of fiction and metaphor. So the personality that is attached to these corporations is done purely by legal fiction. The legal person is created only in the eyes of the law for a specific purpose. The theory was propounded by Savigny and backed by Salmond and Holland. Â
Arman Funded an amount at the rate of 6 % for a period of 2 years at C.I. while calculating, the rate of interest was interchanged with the time period ...
Suresh earned an interest of Rs. 1548 on principal amount of Rs. 4800 at some rate of compound interest in 2 years. How much more/less interest would he...
What is the principal amount?
Statement I: The Simple Interest after 2 years on a certain sum at 10% p.a is Rs. 1200.
Statement II : The...
A person 'P' invested Rs. 800 for 2 years at an interest rate of 'a'% per annum, Rs. 450 for 4 years at an interest rate of (a - ...
What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
- Ravi invested Rs. 2500 at (R + 4)% p.a. simple interest and earned an interest of Rs. 1500 at the end of 3 years. Find the interest earned if the same amou...
- An amount of Rs. x is invested in SIP ‘A’ under compound interest at a rate of 16% per annum, compounded annually, for 2 years. Another amount, Rs. (2x...
'Meeru' deposited Rs. 9,600 in a SIP at simple interest of 15% p.a. If she earned Rs. 7,200 as interest, then find the duration (in years) for which the...
A man invested Rs. 'A' at simple interest of 10% and Rs. 'A + 3000' at simple interest of 8% p.a., for 6 years each. If the interest earned from both in...
An amount becomes four times of itself in 30 years at simple interest. Find the value of (7R − 40).