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A agrees to sell his house to B for 10,000 rupees. Here, B's promise to pay the sum of 10,000 rupees is the consideration for A's promise to sell the house, and A's promise to sell the house is the consideration for B's promise to pay the 10,000 rupees.
Water is continuously supplied from a reservoir to a locality at the steady rate of 10000 liters per hours. When delivery exceeds demand the excess water is stored in a tank. If the demand for 8 consecutive three hour periods is 10000, 10000, 45000, 25000, 40000, 15000, 60000 and 35000 liters respectively, what will be the minimum capacity required of the water tank (in thousand liters)to meet the demand and avoid any wastage?
Total 100 members are writing exam. In that 48 members are writing first exam, 45 members are writing second exam and 38 members are writing third exam. 5 members are writing all the three exams. How many members are writing 2 exams ?
According to Salmond and Winfield, "A promise without consideration is a gift; one made for a consideration is a bargain." However, in the following circumstances a contract without consideration will be perfectly valid
1. An agreement in writing made on account of natural love and affection
2. Contract of Agency
3. Promise to pay a time-barred debt
4. Oral promise made on account of natural love and affection
According to Section 4 of Negotiable Instrument Act, this is an instrument in writing (note being a bank-note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money to or to the order of a certain person, or to the bearer of the instruments. Which instrument is being talked here?
Under Negotiable Instruments Act, 1881, an instrument in writing containing an unconditional under taking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument is a . . . . . . . .
A promises to pay B 1,000 rupees at the end of the six months. If C, who owes that sum to B, fails to pay it. B promises to grant time to C accordingly. Here, the promise of each party is the consideration for the promise of the other party.
A famous showroom announces a sale on electric appliances. It offers flat 50% discount on the marked price of TV. However those customers who pay using E-pay through their mobiles are offered 10% extra discount. The customers have to pay 2% as service tax for paying through mobiles. Akash buys a HD television labelled at Rs. 56000 using E-pay. How much Akash has to pay for it?
What comes under ‘writing at sentence level’ in writing activity? I. Writing information from charts or grids. II. Re-writing scrambled sentences correctly.
when demand for factory's products is high . more money is spent at the factory for safety precautions and machinery maintenance than when demand is low. thus the average number of on -the-job accidents per employee each month should be lower during perids when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance .when demand for its products is high, casts the most serious doubt on the conclusion drawn above?