Question
Which of the following statements regarding a pawnee is
correct?Solution
Explanation: Contract Act Section 174.  Pawnee not to retain for debt or promise other than that for which goods pledged: The pawnee shall not, in the absence of a contract to that effect, retain the goods pledged for any debt or promise other than the debt or promise for which they are pledged; but such contract, in the absence of anything to the contrary, shall be presumed in regard to subsequent advances made by the pawnee.
The price sensitivity of the market is an important factor of ________ element of micro environment.
What is the minimum Net Owned Fund (NOF) requirement for an Asset Reconstruction Company (ARC) to commence the business of securitisation or asset recon...
How many parties are involved in a Bill of Exchange?
Time of supply means
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of:
When the liquidation expenses are paid and borne by the transferee company, which of the following entry is made in the books of transferor company?
Claim payments net of subrogation recoveries are material. The entity reports claim cash flows on a gross basis. Can subrogation recoveries be offset in...
The objective of ______ is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard.
What will be the Net Working Capital (NWC) of a company if its Current Ratio = 1?
