Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 3. manish borrowed a sum of 4 lacs from samyak. ma

3. Manish borrowed a sum of 4 lacs from Samyak. Manish appointed Samyak as his...

50.1K

Verified Solution

Question

Accounting

image

3. Manish borrowed a sum of 4 lacs from Samyak. Manish appointed Samyak as his agent to sell his land and authorized him to appropriate the amount of loan out of the sale proceeds. Afterward, Manish revoked the agency. Decide under the provisions of the Indian Contract Act, 1872 whether the revocation of the said agency by Manish is lawful

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

possibility tree One box contains two black balls (labeled B1 and B2) and one white ball. A...

Chemistry
1.2K views

1. Calculate the molarity of a solution made by dissolving 0.4000 g of acetylsalicylic acid (180.15...

Civil Engineering
1.2K views

A 3 diameter biotower has been designed to treat sewage from 22,000 PE.Influent BOD = 250mg/l...

Mechanical Engineering
1.2K views

Briefly describe and explain the driving force for the electrochemical crevice corrosion happened in the riveted...

Biology
1.2K views

When Sasha moves to a new school, she worries that she won't be accepted by...

Geometry
1.2K views

9 D 9 N 1 H Question 1 6 points Rectangle ABCD E 16 IT...

Calculus
1.2K views

In a statistics class there are 23 juniors and 19 seniors 9 of the seniors...

Calculus
1.2K views

3 f x x 2x ex 4 g x x e

Accounting
1.2K views

P9-1A Prepare budgeted income statement and supporting budgets. ...

Accounting
1.2K views

On January 3, 2016, Persoff Corporation acquired all of the outstanding voting stock of Sea...

Accounting
1.2K views

XYZ Company provided the following inventory information for 2021: Direct materials Work in process Finished...

Accounting
1.2K views

Questions In the first half of Book 2 of Confessions, Augustine describes his struggles with...