Section 4 of Indian Contract Act Communication when complete —The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. The communication of an acceptance is complete,— as against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor; as against the acceptor, when it comes to the knowledge of the proposer. The communication of a revocation is complete,— as against the person who makes it, when it is put into a course of transmission to the person to whom it is made, so as to be out of the power of the person who makes it; as against the person to whom it is made, when it comes to his knowledge.
What will be the current yield of a bond with a face value of ₹100 , a coupon interest rate of 10% and market price of ₹80?
As per accounting standards, depreciable amount of a depreciable asset should be allocated on _______
Bonds with original maturities of one year or less are called:
Mr. X bought a bond at 1000 at a 10% coupon rate. But he intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of...
A bond that pays compounded interest but the actual cash payment of the bond is deferred till maturity is known as:
What is c in FCCB (Type of bonds)
……………… is the way of raising funds by issue of shares or of convertible securities by a company to a select group of persons which is neith...
Which of the following relationships apply to a par value bond?
A) coupon rate < yield-to-maturity
B) current yield = yield-t...
Which of the following statements is/are correct regarding National Stock Exchange (NSE) in India?
1) NSE was established in 1992. <...
A type of bond (debt security) that allows the issuer of the bond to retain the right of redeeming the bond at some point before the bond reaches its d...
