Related Questions

A', 'B' and 'C' are partners in a partnership firm named A, B & C. 'A' retires from the firm without giving any public notice. Thereafter, an existing creditor lends Rs. ten lakh to the firm on the basis of his knowledge that 'A', 'B' and 'C' are the three partners in the firm. This amount remains unpaid by the firm. The creditor wants to recover the unpaid loan amount from the firm.
A, B and C are partners in a firm. C retires and X admitted as a new partner. The firm did not give a public notice on the change but continued its business in its old firm name. Z, a customer of the firm, deals with the firm after the change and the firm becomes indebted to him:
Marginal cost is equal to marginal revenue, average cost is equal to average revenue, average revenue is equal to marginal revenue and average cost is equal to marginal cost. This is the condition of
1. long period equilibrium for a firm under monopoly
2. short period equilibrium for a firm under oligopoly
3. long period equilibrium
4. long period equilibrium for a firm under perfect competitions
Select the correct answer
The marginal cost is equal is to marginal revenue, the average cost is equal to average revenue, average revenue is equal to marginal revenue, and the average cost is equal to marginal cost. This is the condition of
1. Long-period equilibrium for a firm under monopoly.
2. Short-period equilibrium for a firm under oligopoly.
3. Long-period equilibrium
4. Long-period equilibrium for a firm under perfect competition.
Diesel engine can work on very lean air fuel ratio of the order of 30:1. A petrol engine can also work on such a lean ratio provided?
Cycles with lean to very lean mixture tend towards ____________
Diesel engine can work on very lean air fuel ratio of the order of 30 : 1. A petrol engine can also work on such a lean ratio provided
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.
Mr. Abul Kashem has set up a pultry firm with investment of TA, 50,000. He gets an average yearly income of TA. 36,000 from the firm, If he did not set up this poultry firm, with this investment he could set up a grocery shop. From such grocery he could get an yearly income of TA. 39,000. What is the opportunity cost of the Poultry firm that Mr. Kashem is running?