Section 74 of the Contract Act lays down provisions relating to compensation for breach of contract where ______________
Penalty stipulated for, Section 74. Compensation for breach of contract where penalty stipulated for: When a contract has been broken, if a sum is named in the contract as the amount to be paid in case of such breach, or if the contract contains any other stipulation by way of penalty, the party complaining of the breach is entitled, whether or not actual damage or loss is proved to have been caused thereby, to receive from the party who has broken the contract reasonable compensation not exceeding the amount so named or, as the case may be, the penalty stipulated for.
When goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance as per provisions of CGST Act, 20...
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
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 ...
NSDL and CSDL are the example of: -
Which of the following is not a quantitative tool of money supply used by the RBI?
________ fosters brotherhood among, employees and forms a key factor in raising employees' stake in the growth of an organisation. This is an extension ...
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return of 8%. Calculate the value of the preferred stock ...
_________ works a bridge that takes us from where we are to where we want to reach. It is the process of determining in advance what should be accomplis...
Warehouse expense is an example of: