Question
Risks that could arise due to legal actions or
uncertainty of interpretations of contracts & agreements is calledSolution
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
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A man invested a sum of Rs 25,000. He invested some part at 5 % p.a. and remaining at 5.5% p.a. How much money did he invest at 5 % p.a.?
Statem...
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Statement I: The ratio of efficiency of boy to girl is 3:1
...
What is the value of x (x and y are real numbers)?
Statement I: 2x + 3y = 17
Statement II: 3x − y = 7
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Statement I: The article was sold for Rs 850 after getting a discount of 15% on the labelled p...
What was the profit earned by selling an article?
I: The article was sold for Rs 850 after getting a discount of 15% on the labelled price.
<...The question consists of two statements numbered “I and II” given below it. You have to decide whether the data provided in the statements are suffi...