Related Questions

Which of the following are the drawbacks of acceptance sampling? (i) Acceptance sampling is less expensive. (ii) Acceptance sampling has the risk of accepting good lots and rejecting bad lots. (iii) Acceptance sampling requires planning and documentation of the acceptance-sampling procedure whereas 100% inspection does not. (iv) Acceptance sampling requires less manpower.
Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct?
. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'
Star – shaped polymers can be synthesized only by the “graft-in” approach and not by “graft-from” approach.
Full thickness skin graft is preferable to split-thickness graft where there is a high priority for
To recover from an injury, a ‘burns’ patient receiving a skin graft grown from own skin stem cells is a type of which graft?
Which of the following statements are correct?
1. During the period of the fetus actual growth and development is greater than during the period of embryo.
2. During the period of the embryo and fetus growth follows law of developmental direction.
3. Towards the end of the period of the fetus the amount of activity in the leg region is similar to that of the head region.
4. Muscles in the head region comeunder voluntary control first and those in the leg region later.
Select the correct answer
Assertion (A): Where any special or local law prescribes for any suit appeal or application a period of limitation different from period prescribed by the Schedule, the provisions of Section 3 of Limitation Act, 1963 shall apply as if such period were the period prescribed by the schedule.
Reason (R): Where a Special Law prescribes a period of limitation for filing appeal but there is no provision therefore under Limitation Act, 1963, the period of limitation provided under the Special Law must be treated to be different from that under the Limitation Act.
Which of the following statements is/are correct?
1. Counter offer puts an end to the original offer.
2. In counter offer, the previous offer can be revived.
3. Acceptance must be absolute and unqualified.
4. Acceptance with new terms is valid.
Select the correct answer using the given below:
Which of the following equations gives the amount of operating cycle where,
R stands for raw material storage period
W for work in progress holding period
F for finished goods storage period
D for receivables (debtors) collection period
C for credit period allowed by suppliers (creditors)?