According to the Contract Act which of the following describes the situation when prior to the due date of performance, the promisor absolutely refuses to perform the contract?
An anticipatory breach of contract is an action that shows one party's intention to fail to fulfill its contractual obligations to another party. The intent to break the contract must be an absolute refusal to fulfill the terms in order for it to qualify as an anticipatory breach. An anticipatory breach is also referred to as an anticipatory repudiation. Parties claiming an anticipatory breach are obliged to make every effort to mitigate their own damages if they wish to seek compensation in court.
What is true about the teaser loan rates charged by banks?
Which of the following is/are key policy rates used by RBI to influence interest rates?
A).Bank Rate and Repo Rate
B).Reverse Repo Rate
C).CRR and SLR
What is absorption time?
BCSBI was set up to ensure that the common person as a consumer of financial services from the banking Industry is in no way at a disadvantageous positi...
In the terms of banking, what does 'R' pertain to in GIRO?
The Presidency Bank were merged into Imperial bank in the year –
Who is responsible for auctioning the treasury bills?
At the specified branches of which bank will the Electoral Bonds be issued
In which year the first Bank of India was established?
Fiscal Policy in India is formulated by whom?