Question
When a person through agreement, misrepresentation or
negligence makes the other person believe in certain things upon which the other person had taken some action causing a change in their current situation, then the first person cannot deny the veracity of the statements given by him in the latter stages. Which doctrine is this?Solution
Estoppel by conduct as defined under s.115 of the Evidence Act, 1872.
___________ is a capital budgeting technique which does not require the computation of the cost of capital for decision making purposes.
Which of the following best describes a journal in accounting?
A firm purchased goods for ₹50,000 and spent ₹2,000 on its freight. If the firm returned goods worth ₹5,000, what is the net purchase cost to be d...
In relation to Accounting for Investments, which of the following statements is/are correct?
Statement-1: The carrying amount for long-term inves...
Within how many days a person should apply for registration?
Under the Credit Guarantee Fund for MUDRA Loans (CGFMU), collateral-free loans are available up to what amount for eligible startups under the Pradhan M...
What is the primary objective of capital budgeting?
As at 31 March 2025, Ace Ltd. has long-term borrowings of ₹4,00,00,000, working capital loans of ₹1,00,00,000, and shareholders’ funds amounting t...
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
Which country has officially joined the New Development Bank (NDB) in May 2025?
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