Question
The raw material cost of an article is 1/3Â of its
manufacture cost. If the cost of manufacturing is decreased in the ratio of 4 : 3 and the cost of its raw material is increased in the ratio of 4 : 5, then overall cost of article reduced by Rs. 16. Find out its initial cost?Solution
A person who is not a party to a contract can sue upon it if:
Company A promises to sell land to Company B but does not sign a written agreement. B makes payment and takes possession. Is this enforceable?
ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent ...
The doctrine of 'Ultra Vires' is applicable to:
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 ...
The Right to Information Act, came into force on:
A "Contract of Indemnity" is defined under which section of the Indian Contract Act, 1872?
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...
A contract made under coercion is:
Minimum number of directors required in a public company is:
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