Question
According to the Contract Act under what circumstances
is a person deemed to be in a position to dominate the will of another?Solution
Section 16.“Undue influence” defined (2) In particular and without prejudice to the generality of the foregoing principle, a person is deemed to be in a position to dominate the will of another— (a) where he holds a real or apparent authority over the other, or where he stands in a fiduciary relation to the other; or (b) where he makes a contract with a person whose mental capacity is temporarily or permanently affected by reason of age, illness, or mental or bodily distress.
Dexie Ltd has a preferred stock that pays a dividend of 8 per share and the current price of stock is 100. What is the cost of preferred stock?
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A statement which gives organization-specific definitions of what’s expected and required with respect to the behavior and actions within the organiza...
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An account that a correspondent bank holds on behalf of another bank is called:
Golden triangle is famous for which of the following producing region of the world?