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Start learning 50% faster. Sign in nowThis maxim was applied in the case of- Mritunjoy Pani And Another vs Narmanda Bala Sasmal And Another on 14 March, 1961- The position, in our opinion, is very clear and in the absence of any special statutory provision to the contrary is governed by s. 90, Trusts Act. The defendant is a mortgagee and, apart from special statutes, the only way in which a mortgage can be terminated as between the parties to it is by the act of the parties themselves, by merger or by an order of the Court. The maxim "once a mortgage always a mortgage" applies. Therefore, when the defendant entered upon possession he was there as a mortgagee and being a mortgagee the plaintiffs have a right to redeem unless there is either a contract between the parties or a merger or a special statute to debar them."
New trade theory Krugman predicts _____
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
What was the primary objective of India's monetary policy in FY24?
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidie...
For a positively sloped LM curve, which of the following statements is CORRECT?
Factor endowment theory is also known as
a. Modern theory of international trade.
b. Classical theory of...
If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
If a constant 60 is subtracted from each of the values of X and Y, then the regression coefficient is
Judging from the figure, a person that chooses to consume bundle C is likely to