The acceptance given by “Y’ on X’s invitation for lunch over phone is not a contract because of which one of the following?
(A) Communication of acceptance - This concept appears after the offer has been made and the offeree has accepted it. The communication of acceptance is the act of informing the offeror that the offeree has accepted the offer. (B) Deceit - This concept appears in the context of misrepresentation. If one party makes a false statement that induces the other party to enter into the contract, that is considered deceit or fraud. (C) Invitation to Offer - This concept appears at the beginning of a transaction, when one party invites the other party to make an offer. An invitation to offer is not an offer itself but an invitation to make an offer. (D) Damages - This concept appears in the context of breach of contract. If one party fails to fulfill their obligations under the contract, the other party may be entitled to damages as compensation for their losses. Therefore, the correct sequence of the following concepts in which they appear in a contract is: (C) Invitation to Offer, (A) Communication of acceptance, (B) Deceit, and (D) Damages.
Which report will be submitted by an auditor, if he is dissatisfied regarding the facts and information?
A company registered under section 8 of the Companies Act shall not alter the provisions of its memorandum or articles except with the previous approva...
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between :
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
Debt financing is sometimes preferred by the corporate due to the fact that:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
Journal entry is not made for which of the following?
Which section of the Income Tax Act, 1961, defines the term ‘Assessee’?
The value of supply should include: