Question
A party can claim compensation for any loss or damage
caused to him, by breach of contract, which____________________Solution
Contract Act Section 73.  Compensation for loss or damage caused by breach of contract: When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they made the contract, to be likely to result from the breach of it. Such compensation is not to be given for any remote and indirect loss or damage sustained by reason of the breach.
When exchange rate in terms of domestic currency rises:-
Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
The process of converting securities (like shares) from physical form to electronic form is managed by a:
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.10?
Consider the following demand curve Q=100-P in a Duopoly where in A firm is the leader and the B firm is the follower. The Marginal cost given as 20. W...
Demand function for two commodities was given as below. Which of the following options are correct? Q1= A1(Px1)-0.5 (Px2)0.2 Q2 = ...
India’s CO2 emissions in last decade?
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
A card is drawn randomly from a deck of ordinary playing cards. You win Rs.900 if the card is a spade or a king. What is the probability that you will w...
Ramsay retest is used for