Question
A contractual agreement between two parties, in which
one party agrees to pay for potential losses or damages caused by the other party, is called?Solution
Indemnity is a contractual agreement between two parties, in which one party agrees to pay for potential losses or damages caused by the other party. A typical example is an insurance contract, whereby one party (the insurer, or the indemnitor) agrees to compensate the other (the insured, or the indemnitee) for any damages or losses, in return for premiums paid by the insured to the insurer.
When no provision is made as to the duration of partnership in any contract it is_____.
Principle of Res Judicate is contained in which section of Indian Evidence Act 1872
Any contract or arrangement entered by director or any other employee without consent of Board or approval by a resolution in the General Meeting and no...
Which of the following is not a requirement for trademark registration in India?
What is the enforcement date of the IRDA Act, 1999?
Leading question means:
Under Minimum Wages Act, the……………… may add to either Part of the Schedule any employment in respect of which minimum wages should be fixed a...
When a compromise or arrangement is proposed between a company and its creditors or its members the Tribunal on an application of _______
26th November is celebrated as which of the following day in India?
The Sale of Goods Act. 1930 is based on:
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