Stash

Kajal Jindal's Stashed Knowledge

Corporate Goverance

Corporate Goverance Agency problem and moral hazard • Corporate • Schools/UniversiGes • Hospitals • Public services

Transfer of Title

Property is the ‘right of ownership’. Title is the source of right. A right is vested in a person who holds a valid title. Generally, the title must have been obtained from the owner himself. But there could be cases when the title is acquired from non-owners. The related question that arises in such cases is whether or not the buyer has obtained a good title. The law protects the true owner by providing that he alone can provide a good title

Transfer of Property

The time at which property passes from seller to buyer is important due to the following reasons: (i)             Risk prima facie passes with ownership: Unless otherwise agreed, risk follows ownership irrespective of delivery and payment of price. If delay in delivery has been due to the fault of a particular party, the party at default shall bear the risk. (ii)           Action against third parties: In case goods are damaged by a third party, it is only the owner who can take action against him. Proprietary rights depend on transfer of property. (iii)         Right of Resale: To determine whether buyer can resell the goods to a third party without incurring any liability is linked with transfer of ownership. (iv)         Suit for price: Transfer of property confers upon the seller the right to sue the buyer for price. (v)           Right of official Receiver: The right of official receiver or assignee to take over the goods in the event of insolvency of either the buyer or the seller depends on as to who is the owner at a given point of time.

Conditions and Warranties

Meaning of Conditions & Warranties 1.Condition: According to Section 12(2), a condition is a stipulation essential to the main purpose of the contract, the breach of which gives a right to repudiate the contract. 2. Warranty: According to Section 12(3), a warranty is a stipulation collateral to the main purpose of the contract, the breach of which gives a right to a claim for damages but not a right to reject goods and to treat the contract as repudiated. Whether a stipulation in a contract of sale is a condition or a warranty depends, in each case, on the construction of the contract. A stipulation may be a condition, though called a warranty in the contract

Auction Sale

Auction Sale-   In an auction sale, the auctioneer invites bids from prospective buyers and the sale is made to the person who makes the highest bid. The auctioneer may be the seller himself or his authorized agent. Prior to actual auction, wide publicity is given and intending buyers are informed of the time and place of auction. It may be noted that the notice of auction is merely an invitation to the public to make offers. It is not an offer to sell. -LEGAL RULES REGARDING AUCTION SALES (SEC. 64)

Flexible Budgeting

Flexible Budgeting

SSC Mock Test

SSC Mock Test- A must have mock question paper to practise.

Regression Analysis

It contains- LO 14.1   Conduct a hypothesis test for the population correlation coefficient. LO 14.2   Discuss the limitations of correlation analysis. LO 14.3   Estimate the simple linear regression model and interpret the coefficients. LO 14.4   Estimate the multiple linear regression model and interpret the coefficients. LO 14.5   Calculate and interpret the standard error of the estimate. LO 14.6   Calculate and interpret the coefficient of determination R2. LO 14.7   Differentiate between R2 and adjusted R2.

I- The Brand

Writing and Communication- Topic- I - The Brand

Inference Regression

LO 15.1   Conduct tests of individual significance. LO 15.2   Conduct a test of joint significance. LO 15.3   Conduct a general test of linear restrictions. LO 15.4   Calculate and interpret confidence intervals and prediction intervals. LO 15.5   Explain the role of the assumptions on the OLS estimators. LO 15.6   Describe common violations of the assumptions and offer remedies.

Hypothesis Testing

LO 9.1   Define the null hypothesis and the alternative hypothesis. LO 9.2   Distinguish between Type I and Type II errors. LO 9.3   Conduct a hypothesis test using the p-value approach. LO 9.4   Conduct a hypothesis test using the critical value approach. LO 9.5   Differentiate between the test statistics for the population mean. LO 9.6   Specify the test statistic for the population proportion.

Business Ethics Case Study

Hema Hattangady and Conserv- Business Ethics Case Analysis