An agreement which is ……………..……………………, is a voidable contract
Section 2(i) of Indian Contract Act An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others, is a voidable contract
Amit and Vinod commenced a business with initial investments of Rs. 10,000 and Rs. 15,000, respectively. After four months, Amit doubled his investment,...
‘A’ and ‘B’ started a business by investing Rs.7500 and Rs. 9000, respectively. 4 months later, ‘C’ joined them with an investment equal to ...
Three Partners Chandra, Shekhar and Azad invested in the ratio of 3/2, 2/3, 4/3 in a business. After 3 months Chandra decreased his capital by 50%. If t...
'Atul' and 'Bittu' started a business together with investments of Rs. 4500 and Rs. 5000, respectively, for one year. They agreed to split 25% of their ...
Rahul and Seema started a business with investments of Rs. 2000 and Rs. 2800, respectively. Three months into the business, Tanvi joined them with an in...
The contributions made by A and B are in the ratio of 6:5. If 12% of total profit is donated and A gets 1320 as his share of profit, what is the total p...
In a business, A invested Rs. 1200 more than that by B. After 8 months, A left the business. If at the end of the year, profit earned by B is equal to t...
P and Q together started a business with initial investment in the ratio of 1:8, respectively. The time-period of investment for P and Q is in the ratio...
A and B invest in a business in the ratio 3:4. After 10 months B leaves the business after withdrawing his investment. In the first year the business ma...
Gopal and Henry initiated a business venture with investments of Rs.3200 and Rs.2400, respectively. After six months, Kirti joined the partnership with ...