……… are assured of a stable amount of money.

Related MCQs

• …………. are assured of a stable amount of money.
• Lending money to a borrower, at high rate of interest, when the money market is tight renders the agreement of loan:
• A promises B not to carry on a similar business as that of B if B pays him a certain amount. B pays the money but A continues to carry on the business. B can
• An insurance company paid money by mistake on a policy which had lapsed. Though the company was not ignorant of the fact of the lapse, this was overlooked at the time of payment. Can the company recover the amount?
• In a promissory note, the amount of money payable
• A and B agree that law of limitation shall not apply to them. A debt becomes time barred and A refuses to pay the amount. Can B recover the amount under the terms of the agreement?
• A and B agree that law of limitation shall not apply to them. A debt becomes time barred and A refuses to pay the amount. Can B recover the amount under the terms of the agreement?
• X, Y and Z are under a joint promise to pay ` 8,000 to W. Z is unable to pay anything and Y is compelled to pay the entire amount. What amount can Y successfully claim from X?
• M is a minor, B, the borrower, approaches M for a loan on the basis of a mortgage of the house owned by B. Hence, M advances the money and B executed a mortgage in favour of M, a minor. In these circumstances
• A promised B to obtain an employment for him in a public office. B promised to pay `2,000 to A for this. B gets a job through A but refuses to pay the money. A can