Specific offer (Case law Boulton Vs Jones)

answered 22 hrs ago

If Mr Jones was aware of the fact that the ownership had been transferred to Boulton and still accepted the goods sent by Boulton, would he be liable to pay or not?

latest answer

Yes, he is liable to pay Boulton if he knowingly accepted the goods after learning of the ownership transfer.

Albert P

CA Foundation

★ 0

1

7

Applying for a Postgraduate Program at Another University

answered 1 hr ago

I did my B.Sc. from the University of Delhi, where I got a CGPA of 7.5, and now I’m applying for M.Sc. at BHU, which asks for marks in percentage. How should I convert my CGPA when the two universities might use different conversion methods? In this scenario, are online conversion tools reliable?

latest answer

You need to check with university where you are applying.

AWAIS AKHTAR

ACCA Knowledge

★ 0

1

12

Sunday as well as holiday.. So it should be 1000*2*Days ?!

asked 1 day ago

here in this question he said double of per day basic rate ...and he is working for two days ryt Sunday as well as holiday.. So it should be 1000*2*2days ryt!?

latest answer

No answers yet!!

Badal Kumar

CA Inter

★ 0

0

14

Consolidation

answered 40 mins ago

Normally, while calculating the Consolidated P&L balance, we include: Holding company's own P&L balance, and Holding company’s share of post-acquisition P&L of the subsidiary But in illustration 9, Holding company’s share of post-acquisition reserves of the subsidiary ------ is also included. why?

latest answer

Thank you so much sir

Girinath A

CA Inter

★ 765

2

23

Clarification on Adjusting Dividend Yield for Futures Pricing

answered 2 days ago

"Sir, kindly a doubt — in the futures price, why we took full 4.8% p.a. dividend, when duration is only 6 months and only 50% of stocks pay dividend? Shouldn’t we take 1.2% (half year and 50%) as effective yield?" [Video Time Stamp: 04:24]

latest answer

4.8% p.a is dividend it can be paid any time, Some will pay in jan and some in June The Q says 50% of these stocks pay dividend Nowhere it says 50% of stick will pay half dividend in next 6 month. It only says of teh total dividend payable 50% of stocks will do so in next 6 months

Athmaja S

CMA Final

★ 230

1

16

Decision to Sell Shares Based on Intrinsic Value

answered on 13-Jun-25 11:22

Sir according to this calculation, the intrinsic value of the shares is lower than the current market price, so it is advised to sell the securities now. However, suppose the investor follows this advice and sells all his shares now or next year, but then the market price unexpectedly rises to ₹75 later on. In that case, if he wants to buy back the shares, he will have to pay a much higher price than what he sold them for. So, he lost his profit too . Ignoring the dividend and all other aspects. So this conclusion pertains to the year which we have calculated only.?

latest answer

Okay Sir. Thank you.

K Vamshi

CA Final

★ 8K+

2

23

Om and sm

answered on 13-Jun-25 09:47

Can any one tell me the answer for cma inter june 15 theroy answer

latest answer

pls hsare the question.

sakthi kumaresan

CMA Inter

★ 0

1

14

Expected return under sharpe model = Alfa+Beta*market return+unexplained error

answered on 13-Jun-25 11:32

Sir, I understand that Beta × Market Return gives the expected return for a specific security. Then why do we add Alpha again? [Video Time Stamp: 12:22]

latest answer

Yes exactly

Manikyam

CA Final

★ 0

3

25

Liability for necessaries

answered 2 days ago

For example I have provided all basic necessities of ₹800000 to a minor(Shyam) till attaining age of majority 18 yrs Minor has a property of ₹1000000 which was given by his father as a birthday gift but due to any condition the father of minor died Before death of minors father There was an agreement between the minor father(Raghav) and uncle(Raghu) of the minor stating that the property is given to Raghu till the time where Shyam has not attained the majority when Shyam attains the majority the property has to be transferred from Raghu to Shyam on the same date. Shyam is beneficiary to contract. Can I be able to be reimbursed in situation 1 Property is transferred 2 Property not transferred but that agreement is with Shyam and Shyam wants that I should be compensated for those expenses which I have made on him

latest answer

Raghu here is only assigned as thee caretaker of the property the ownership of property is not transfered to Raghu.

Gurukanta Singh

CA Foundation

★ 7K+

5

28

production sharing contract

asked on 12-Jun-25 16:00

🔹 Assumptions: Total crude oil produced in a month = 1,00,000 barrels Total sale price per barrel = ₹5,000 So, total sale proceeds = 1,00,000 × ₹5,000 = ₹5,00,00,000 Recoverable costs incurred by contractor = ₹3,00,00,000 Balance = ₹2,00,00,000 → treated as Profit Petroleum Profit Petroleum sharing ratio: Contractor: 60% Government: 40% ✅ GST Treatment: Total Sale of ₹5 Cr is a taxable outward supply by the contractor. GST is levied on ₹5 Cr, not just on the contractor's profit share. Cost Petroleum (₹3 Cr): This is not excluded from taxable value. It’s an internal cost recovery, not a separate supply. Profit Petroleum (₹2 Cr): Also not a separate supply. The entire ₹5 Cr is already taxed. Sharing with Government is like a revenue split, not a transaction. Is this correct sir

latest answer

No answers yet!!

Vemula Mounika

CA Final

★ 2K+

0

21