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Explanation: According to Section 16(1) of the Sale of Goods Act, in a contract of sale of goods, there is an implied warranty that the goods shall be reasonably fit for the particular purpose for which the goods are required, if the buyer has made known that purpose to the seller and the buyer is relying on the seller's skill or judgment. Therefore, option a) is the correct answer.
Rights shares are given only to those shareholders who own the company’s shares on ……….
The Securities and Exchange Board of India (SEBI) announced that stricter disclosure norms for foreign portfolio investors (FPIs) will come into effect ...
Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
The stage of venture capital investing that involves product development and market research is referred to as ___________
Which of the following is NOT a disadvantage of the systems approach?
The subscribers of the erstwhile Swavalamban pension scheme who are in the age group of 18-40 years were given option to migrate to ___________
One of the bonds used to raise debt is zero coupon bonds. Which of the following statement is incorrect regarding Zero Coupon Bond?
According to the RBI's revised instructions on Unclaimed Deposits, what is the time limit after which the amount must be transferred to the Depositor E...
Which of the following term describes the concealment of shortage by delaying the recording of cash receipts?
Which of the following is not likely to be a motivation to overreport earnings?
