Question
If a third person wrongfully deprives the bailee of the
use or possession of the goods bailed, or does them any injury, the bailee is entitled to use such remedies as the owner might have used in the like case if no bailment had been made; and _____________Solution
Contract Act  Section 180. Suit by bailor or bailee against wrong-doer.: If a third person wrongfully deprives the bailee of the use or possession of the goods bailed, or does them any injury, the bailee is entitled to use such remedies as the owner might have used in the like case if no bailment had been made; and either the bailor or the bailee may bring a suit against a third person for such deprivation or injury.
IND AS 115 prescribes a 5-step model for recognition of revenue, identify the correct sequence of the following steps given below:
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Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
Prime or the most important Objective of financial management is ______.
Under the co-lending model of 2020, what minimum share of loans must banks undertake in partnership with NBFCs?
Audit of accounts by the staff of the business is known as:
The depreciation of assets is computed on their:
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is ₹ 12,00,000 and fixed cost is ₹ 6,00,000. The cap...
Time of supply means
What is the role of GeM in promoting transparency in government procurement?