Section 74 of the Contract Act lays down provisions relating to compensation for breach of contract where ______________
Section 74. Compensation for breach of contract where penalty stipulated for: When a contract has been broken, if a sum is named in the contract as the amount to be paid in case of such breach, or if the contract contains any other stipulation by way of penalty, the party complaining of the breach is entitled, whether or not actual damage or loss is proved to have been caused thereby, to receive from the party who has broken the contract reasonable compensation not exceeding the amount so named or, as the case may be, the penalty stipulated for.
What is the key function of a Letter of Credit (LC) in international trade?
An entry with more than one debit or credit is known asÂ
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
ICDS III deals with which of the following:Â
What is the taxable event under GST?
As per taxation terminology, Income of a particular year is taxable in the immediately following year. Immediate following year is called as ………â€...
Great Insurance Co. Ltd. on 31.12.2022 had reserve for unexpired risk of 5 crores in respect of miscellaneous business. During 2023, the premium collect...
Which of the following forms are used for applicable for registration?
Which of the following is NOT an advantage of Bonus issue by a company?
Which among the following ratios is a part of Liquidity Analysis?