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Agency
Corporate & Other Laws
answered on 06-Mar-23 11:42
Can someone explain this I don’t get it
latest answer
But there is an obligation/duty arising out of it which the agency must pay for it. So, A can't revoke
SANSKRITI BADRI 2111339
CA Final
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6
508
Indian Contract Act
Corporate & Other Laws
answered on 07-Mar-23 21:37
As per the section 38 of the Indian contract Act 1872 Offer of performance must include certain conditions Like (1) it must be unconditional (2) it must be made at a proper time and proper and under such circumstances that the person to whom it is made may have a reasonable opportunity of ascertaining that the person by whom it is made is able and willing there and then to do the whole of what he is bound by his promise to do; (3) if the offer is an offer to deliver anything to the promisee, then the promisee must have a reasonable opportunity of seeing that the thing offered is the thing which the promisor is bound by his promise to deliver. In 2nd Condition is the promises bound to ascertain the willingness of the promisor In 3rd condition (1)Is promisor bound to give reasonable opportunity to promisee means if the promisee does not checking the goods it is the duty of the promisor to remind the promisee to check the goods (2) If the promisee does not check the goods then who will responsible if the goods have certain defect
latest answer
The 2nd condition emphasizes on the point that when the offer to perform is being made, the other party should be in a position to ascertain the ability and willingness of performance of the person making the offe to perform. In the 3rd condition, The promisor has no responsibility to remind the promisee to check the goods. If the promises does not check the goods he cannot hold the promisor responsible, however he can claim ordinary damage depending on the type of defect.
Rohan Kumar
CA Foundation
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3
696
Value of supply
Indirect Taxation
answered on 01-Mar-23 13:30
Here subsidies have already been taken into consideration in list price. Then why we have to add subsidy?
latest answer
Ohh the list price takes account of subsidies received. Its not included in list price. I got it
Sugam SM
CA Final
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Inc
Direct Taxation
answered on 01-Mar-23 11:14
What does it mean wen COMPUTED word is used near a certain income??
latest answer
Computed as per provisions
Reetikaa R
CA Final
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463
Reverification status
Others
answered on 03-Mar-23 09:45
How to check reverification status already filed
latest answer
Thank u
Bhagyesh Rama
CA Final
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Approval from principal
Exams
answered on 03-Mar-23 09:45
I applied for group 2 exam on Feb 19th and the status of the application appears as ' submitted ', but the same isn't appearing in the ssp portal of My principal for his approval.how to solve this issue,anyone please?
latest answer
Call icai helpline sahayataa... Number you can get in icai website
Mala Ca
CA Final
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1
599
Withdrawal of composition scheme
Indirect Taxation
answered on 01-Mar-23 14:33
Kindly explain para 6.1.1.point 3 of it
latest answer
Ok mam,I understood. Thank you so much
Shankara Vel
CA Final
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Investment Decisions
Financial Management
answered on 01-Mar-23 13:00
Good Morning Sir....In Illustration 19 Investment Decisions Chapter, While Calculating Adjusted Discount Rate ....There is a change in answer sir... I seen this sum in YouTube , it shows 9.8% answer but ISM Answer is 8.8%......Which one i consider answer sir ? Your method or ISM Method Sir?
latest answer
Okey Sir Thankyou Sir
Narmadhaa Paranthaman
CA Inter
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3
493
Indian contract Act 1872
Corporate & Other Laws
answered on 03-Mar-23 09:22
As per section 37 of the Indian contract Act Promises bind the representative of the promisor in case of death of such promisor before performance If nothing is written about the representative of the promisor. Then who will perform the promise
latest answer
On death of the promisor, his legal representatives will be bound to perform the contract even if there is no specific mention about it in the contract. However, where a contract requires personal skill of the promisor the legal representatives are not bound to perform it. The legal representatives are liable only to the extent of the property inherited by them.
Rohan Kumar
CA Foundation
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2K+
Contract costing
Costing
answered on 01-Mar-23 15:19
What should be the treatment for wages accured due... And explanation
latest answer
Take it in the Debit side of Contract A/c.
Prasanna Ram
CA Inter
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3
552