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Estoppel is a legal principle that prevents someone from denying or asserting something that is contrary to what they previously stated or implied. Regarding the given multiple-choice question, the correct answer is d) All of the above. a) Estoppel by silence: This occurs when a person fails to speak up when they have an obligation to do so, and their silence leads another person to believe something that is false. For example, if a landlord knows that there is a problem with the property they are renting out, but fails to disclose it, they may be estopped from later denying knowledge of the issue. b) Estoppel by negligence: This occurs when a person fails to exercise reasonable care, and that failure results in another person relying on their actions or inactions. For example, if an accountant fails to catch an error on a client's tax return, and the client relies on the return being accurate to their detriment, the accountant may be estopped from denying liability for the mistake. c) Estoppel by election: This occurs when a person makes a choice between two inconsistent positions, and the choice results in another person relying on that choice. For example, if a person chooses to accept a payment plan for a debt, rather than insisting on full payment, they may be estopped from later seeking full payment.
A man invested certain sum at simple interest of r% p.a. such that it amounts to 160% of itself in 6 years. Find the interest earned when Rs. 2400 is in...
Simran Funded Rs. 70,000 in two different SIP's. She funded the smaller amount at CI of 20% p.a. compounded annually, and larger amount at SI of 16.5% f...
Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A person named 'P' invested Rs. 48,000 in an SIP called 'X', which provides compound interest at a rate of 50% per annum, compoun...
A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
The difference between the interest received on a certain sum at the rate of 32% p.a. and 28% p.a. respectively at simple interest for two years is Rs. ...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1800 and simple interest of Rs.1600 at the end of 2 year...
The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simp...