Question
The speed of a boat in still water is 5 km/hr and speed
of current is 2 km/hr. If time taken to cover a certain distance upstream is 14 hours, then how long will the boat take to cover the same distance downstream?Solution
Speed upstream = 5 - 2 = 3 km/hr Total distance covered = 14 × 3 = 42 km Speed downstream = 5 + 2 = 7 km/hr Required time = 42/(5 + 2) = 6 hrs
A contract is entered into under duress where one party threatened the other with loss of business if the agreement wasn't signed. The other party signs...
Mr. Sharma, a sole proprietor, entered into an oral agreement with a vendor for purchase of office furniture worth ₹2 lakhs, with delivery to be made ...
XYZ Ltd., a listed entity, has only 2 independent directors on its 12-member Board. Audit Committee is formed with 2 independent and 1 executive directo...
The registered office clause of memorandum of association contains
The preference shares should be redeemed with in a period of
What is the minimum number of members required to form a public company?
Which of the following is an exception to the doctrine of privity of contract rule _______________?
A contract entered between two companies was found to lack mutual consent. Under the Indian Contract Act, which essential element of a valid contract is...
As per the Companies Act and related Rules, every private company is required to issue securities only in a dematerialised form and facilitate demateria...
As per the Companies Act, 2013 a Company means_____________