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As per the provision of the Section 35 of the Transfer of Property Act, 1882, doctrine of election can be applied in a particular case only when certain conditions are fulfilled. "person professes to transfer property which he has no right to transfer". Election over a property is asked to be made to a person only when he holds a proprietary interest which are disposed of by the act of such professed transfer
"Abhinav" and "Pankaj" launched a business venture with investments of Rs. 1400 and Rs. 2100, respectively. The ratio of the time for which "Abhinav" an...
Paras and Punit started a business by investing Rs. 18,000 and Rs. 24,000 respectively. Paras also worked as the active manager and for that he is entit...
'Pawan' and 'Qureshi' invested 9,000 and 12,000 rupees, respectively, to establish their businesses. 6 months later, 'Pawan' invests 'b' more money, and...
A, B and C enter into a partnership, A invest 3X + 1000, B invest X + 3000 and C invest X + 1500 for one year if B share is 20000 from total profit of 4...
Arun and Baldev have monthly savings in the ratio of 8:5, respectively. Baldev's monthly expenditure exceeds Arun's monthly savings by ₹20,200. Additi...
Together, "Arjun" and "Vicky" invested Rs. 12,000 and Rs. 8,000 in a firm. After eight months, "Vicky" added Rs. 2000 to his initial investment, whereas...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 3:2, respectively for 10 years. If 20% of the total profit is donated in an...
A and B started a business by investing Rs.450 and Rs.600 respectively. After 8 months, A increased his investment by Rs.850. Find the ratio of annual p...
Out of their respective monthly salaries, Soma spends 7/8 and Tina spends 4/5 on various expenses. The salary remaining with Tina after the expenses is ...
A and B together start a business with investment of Rs. 1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share ...