Question
“Volenti non fit Injuria” a principle of Tort Law,
has a similar principle incorporated under which provision of the Indian Penal Code?Solution
“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.
For Goods Transport Organisation, which of the cost will be regarded as Fixed or Standing Charges?
Which of the following is a key principle of the "Canon of financial propriety"?
A agrees to sell his horse to B if it wins the race tomorrow. The horse dies during the race. What is the nature of the contract?
Drawings made by an owner belongs to:
If a company has a foreign branch, how are its financial statements translated as per AS 11?
Assuming that the discount rate is 7% per annum, how much would one pay to receive ₹500, growing at 5%, annually, forever?
A provision for onerous contract is:
An entity sells a factory building held for 20 years. The legal title transfer occurs on 30 September; economic control passed and risks transferred on ...
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
What is the maximum limit of gratuity payable, under the Payment of Gratuity Act, 1972?
Relevant for Exams:
