Question
Every agreement of which the object or consideration is
unlawful is_____________Solution
Section 23. What considerations and objects are lawful, and what not: Every agreement of which the object or consideration is unlawful is void.
Which of the following budgets is considered the primary budget prepared in a business organization?
A project will be financed with a mix of equity and a concessional government loan carrying interest below market and a partial guarantee fee. The proje...
A firm is considering replacing its old machine with a new one.
Old machine: Book value = ₹8L, Salvage = ₹2L
New machine: Cost = ₹20...
Which method in capital budgeting considers the time value of money but ignores cash flows beyond payback?
Project A requires investment of ₹10,00,000 with annual cash inflows of ₹3,00,000 for 5 years. Cost of capital = 10%. Compute Net Present Value (NPV...
Mr. Bhandari purchased a car for 50,000, making a down payment of 10,000 and signing a *40,000 bill payable due in 60 days. As a result of this transact...
As per Schedule in of the Companies Act, 2013, a Company shall disclose by way of notes additional information regarding aggregate expenditure and incom...
Which of the following is/are examples of capital expenditure?
If two mutually exclusive projects have conflicting rankings under NPV and IRR, which method should be preferred?
All of the following are capital receipts, except ________
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