If a government defaults on the value of its debt by 3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.
I borrow 100 euros from you and promise to pay you back next year the principal and 10%. That means I owe you 110 euros next year. I now unilaterally declare that I will only honour 25 euros of debt to you. Next period I pay you 27.5 euros [25 + 1/4(10)]. That is the same amount as though announcing to you next period that I would tax your 110 euros 75% (i.e., you keep only .25*110=27.5)
What type of contract is created when the performance of an existing contract depends on the occurrence or non-occurrence of a collateral and uncertain ...
What does USDA stands for?
As per Consumer Protection Act, 2019 a ban can be imposed for how many years due to false and misleading advertisement?
An amendment of the Constitution can be carried out by____
An application for arbitration shall be filed___
What is the impact of a lessee staying in possession of the property on the renewal of a lease?
What is the general penalty provided under MV act for any offence if there is no specific penalty provided for the offence?
What is the composition of the Taluk Legal Services Committee under the Legal Services Authority Act?
Which of the following state has a bicameral legislature ?
The power of court to convert summons- cases into warrant- cases apply to an offence punishable with imprisonment