Question
Under Section 11 of the Indian Contract Act, 1872, which
parties are deemed "competent to contract"?Solution
Section 11 of the Indian Contract Act defines persons competent to contract as those who are of age of majority, of sound mind, and not disqualified by law (such as lunatics, idiots, married women in certain contexts under old laws, aliens, and insolvent persons). Age of majority is 18 years as per the Indian Majority Act, 1875.
Find the value of cos 15° × cos 75° + sin 15° × sin 75°:
What is the total sales for Product B in all four quarters combined?
If sec x - tan x = 1/3, find sec x + tan x:
What is the principal sum if the difference between simple interest (SI) and compound interest (CI), compounded annually, on a ce...
In a group of 104 employees, the ratio of male to female employees is 6:7. The average wage of a male employee is Rs. 45, and the...
The average age of 8 colleagues is 16 years. When 2 new colleagues join the average age increases by one year. Find the average age of the new colleague...
If a hyperbola passes through the point (4, 0) and has foci at (±5, 0), and the length of its conjugate axis is 6, then the eccentricity is:
The average score of 10 students in a class is 85. After adding the scores of 5 new students, the average score becomes 90. What is the total score of t...
A man buys 120 shares of face value Rs. 50 each at a market price of Rs. 80 per share. The company declares a 15% dividend (on fa...
A woman invested Rs. 75,000 at compound interest of 12% p.a. compounded annually for 1 year. If the interest had been compounded semi-annually, how much...
