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Section 97 of Evidence Act Evidence as to application of language to one of two sets of facts, to neither of which the whole correctly applies. –– When the language used applies partly to one set of existing facts, and partly to another set of existing facts, but the whole of it does not apply correctly to either, evidence may be given to show to which of the two it was meant to apply. Illustration A agrees to sell to B “my land at X in the occupation of Y”. A has land at X, but not in the occupation of Y, and he has land in the occupation of Y but it is not at X. Evidence may be given of facts showing which he meant to sell.
Reinvestment risk would not occur if:
Subscribers to the Minimum Assured Return Scheme (MARS) under the new pension system (NPS) will have to stay invested for how many years to claim the g...
A microfinance loan borrower is identified as a household having annual household income not exceeding …………………….. Household shall mean a...
The organization budgeted $400,000 for 40,000 hours of direct labor to complete 16,000 units of finished product. The firm used 42,000 direct labor hour...
In a process account, the costs which will be borne by the good production units include _____.
1. Normal loss
2. ...
What recent (April 2024) announcement did the National Stock Exchange (NSE) make regarding derivatives contracts?
___________ is a legal contract or agreement between a borrower and lender that defines the rights and obligations of the parties in relation to a bond ...
Which of the following types of decisions are incorporated with financial decisions:
A. Investment decisions
B. F...
In case of banks, CRAR is calculated as which among the following?
As per law of demand, the quantity demanded of a normal product increases with _____