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“Volenti non fit Injura” means that things suffered voluntarily are not fit/deemed to be an injury or an injury cannot arise out of a voluntary act. It is one of the defences under Tort Law. Section 300 (Exception 5) of IPC embodies a principle similar to that of tort law principle ‘Volenti non fit Injuria’ as it says a person above 18 years of age when consents to his death or risks his death, it is not murder.
Which of the following is levied by State Government only?
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...
An auditor of a listed company shall not be appointed, if it is an individual as auditor, for?
CSR committee of a Board shall consists of ________.
ICDS III deals with which of the following:
Capital structure of a firm influences the:
With respect to working capital operating cycle, which of the following statement is incorrect?
A and B are partners having Capitals of ₹75,000 and ₹25,000, respectively, and a profit-sharing ratio of 4 : 1. C is admitted for 1/5th share in the...
Financial accounting is mainly concerned with:
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?