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Section 230 of Indian Contract Act Agent cannot personally enforce, nor be bound by, contracts on behalf of principal—In the absence of any contract to that effect, an agent cannot personally enforce contracts entered into by him on behalf of his principal, nor is he personally bound by them. Presumption of contract to contrary—Such a contract shall be presumed to exist in the following cases:— (1) where the contract is made by an agent for the sale or purchase of goods for a merchant resident abroad; (2) where the agent does not disclose the name of his principal; (3) where the principal, though disclosed, cannot be sued.
Which of the following is also known as the reserve currency with IMF?
Consider the following sectors:
1. Atomic Energy Generation
2. Nidhi Company
3. Lotteries (online, private, government, etc.)
<...Reliance Capital sold a 45% stake in listed subsidiary Reliance Home Finance for _______in the open market, a move that will improve recovery for lenders.
Which of the following is a key component of Basel III regulations?
Andhra Bank and Corporation Bank were amalgamated into Union Bank of India in which of the following year?
Which of the following is the effective annualised rate charged to the borrower of a digital loan?
In Which year the Imperial Bank of India was formed by the merger of the three Presidency Banks of Madras, Bombay, and Bengal?
Which of the following is not the work of RBI?
Which of the following is a monetary policy tool which allows banks to borrow money through repurchase agreements that is primerily used by the Reserve ...
Consider the following statement/s?
1. World Bank was established in 1944.
2. Its official name was the International Bank for Reconstruct...