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The Court held that when a contract is valid no doubt of it being cancelled arises and when it is void ab initio then also no option of cancelling it arises as it is not present in the eyes of law. When a contract has no existence, no action is enforced on it.
A type of market in which securities with less than one year maturity are traded, is classified as
Read the following information to answer the below questions:
A company purchases machinery for ₹10 lakh. Estimated dismantling cost after 5 years is ₹1 lakh. The dismantling obligation is present as per contra...
Calculate the labour efficiency variance with the help of the following information.
1. Actual hours incurred - 1100 hr at an actual rate of ₹8...
In a Letter of Credit (LC) transaction, which entities typically play a role in addition to the issuing bank, advising bank, and beneficiary?
Which of the followings is a valuation principal?
What are the major challenges an organisation may encounter when implementing budgetary control?
A person shall be eligible for appointment as an auditor of a company only if he is a _______________
In a manufacturing company, which of the following best represents a preventive control?
To go to the journal vouchers present in gateway of tally > accounting vouchers through function key in Tally, ERP 9 press: