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Doubt in Sale of Goods Act 1930
Corporate & Other Laws
answered on 08-Jun-21 00:02
What is the difference between implied condition as to qualify and fitness and the implied condition as to wholesomeness? I feel both of them means the same.
latest answer
Condition as to quality and Fitness is nothing but Caveat Emptor(Let the Buyer be beware). Example: Bread packet in the super market. It is the duty of the buyer to choose the type of bread which will satisfy him. Condition as to Wholesomeness: It is applicable only to eatables and foodstuff. It means goods being sold should be fit for human consumption. Example: Ranbir brought two liters of milk. Alia, his wife drunk the milk and effected with typhoid. Ranbir sued Dairy Company and claimed damages. (Related Case law : Frost vs Aylesbury Dairy Company Limited).
Ojaswi Singhal
CA Foundation
★ 190
3
894
International Trade
Economics
answered on 06-Jul-21 00:37
Commodity Country A Country B Wheat (Units/Hour) - 6 1 Cloth (Units/Hour) - 4 5 How country B gains 24 cloth according to "the theory of absolute advantage"?
latest answer
If country b wants to produce 6 wheat it takes 6 hours of time if it rather spend this 6 hours in production of cotton it can produce 6 *5 is 30 cotton . So now or can get 6 wheat by giving 6 cotton and still it have surplus of 24 cotton
Rithani R.C
CA Inter
★ 4K+
2
659
MARGINAL RELIEF
Direct Taxation
answered on 08-Jun-21 16:51
Sir....., I watch basic concepts chapter NOV 2021 Classes of Indigolearn.But when I came across a question (below) , I got many Doubts that I can't clear myself.....SORRY IF IT'S TOO LONG / OUT-DATED QUESTION
latest answer
Thank U
Salman Faris
CA Final
★ 44K+
10
905
Monetary policy
Economics
answered on 04-Jun-21 09:50
What is the difference between Market Stabilization Scheme ( MSS) and Open Market Operations?
latest answer
got it! thank you so much!
Rithani R.C
CA Inter
★ 4K+
2
652
Monetary policy
Economics
answered on 04-Jun-21 09:49
Asset Price channel: When interest rates increase the demand for debt instruments paying interests also increases, and the demand for equity instruments (which are riskier and pay return, which is not fixed) reduces. This results in decrease in the prices of equity instruments. The above para is from Indigo learn material Please explain how an increase in interest rates leads to an increase in demand for debt instruments?
latest answer
Woah, Thank you so much!!
Rithani R.C
CA Inter
★ 4K+
2
708
Financial decisions capital structure
Financial Management
answered on 08-Jun-21 06:38
Answer for illustration 6 given in indigo learn is different from study material but we can write answers given in indigo learn for exam as it is very simple
latest answer
Thank you mam
Miradevi S
CA Final
★ 16K+
19
662
Banking company
Accountancy
answered on 04-Jun-21 07:43
Statutory liquidity ratio applicable for may 2021
latest answer
18%
sabarish s
CA Final
★ 2K+
1
576
Final Accounts
Accountancy
answered on 05-Jun-21 10:06
Is the solution given is wrong? Because of 5%of â?¹1400000 instead of 5%of â?¹1500000
latest answer
Provision = (Trade receivables - Bad debts) x Provision rate = (15,00,000 - 1,00,000) x 5% = 70,000
Gopal Garg
CFA L1
★ 5K+
5
726
Stat time series. 96th question
Maths & Stats
answered on 04-Jun-21 09:13
96 th question explanation
latest answer
c. Less than 10%. Real wages are wages adjusted for inflation. Here, we have nominal wage index of 120. And price index of 110 after change. Dividing wage index by price index and multiplying by 100, we get 109.0909...thus, 9.1% increase in real wages
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
575
Income from house property
Direct Taxation
answered on 04-Jun-21 07:44
Sir in IL material illustration 7, is interest should be divided between both self occupied and let out properties? But u took total interest for only let out property sir. Plzz clarify this doubt sir
latest answer
Ha yes sir I got it yesterday I did small calculation mistake. Thank u so much sir
Likhitha Sivani
CA Final
★ 14K+
8
679