Revocation or termination of offer
Revocation or Termination of OfferBUSINESS LAWAccording to Section 6, an offer may come to an end in any of the following ways:1. Notice of Revocation:The offeror can revoke his offer at any time by sending a notice of revocation to the offeree, before its acceptance. The offeror can reject the offer before its acceptance even though the period for which the offer was kept open has not yet expired.Example:A, the offeror at an auction sale makes the highest bid. But he has th…
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Money and banking
Money and BankingMacro economics
Money:Money is something which facilitates the transaction of goods and services.Barter System of Exchange:
Barter system of exchange is the system in which commodities are exchanged for commodities. This is also called commodity for commodity exchange economy.Difficulties of Barter System of Exchange:
1. It requires double coincidence of wants which is a rare occurrence.
2. It lacks a common unit of exchange.
3. It lacks the system of future …
7 TIPS TO CRACK THE CA CPT/FOUNDATION EXAM
7 Tips to crack the CA CPT exam
A lot of candidates appear for the CA CPT exam, but as a matter of fact, a lot of them do not clear it right at the first time. The most important thing to clear CA CPT Exam is proper dedication and precision when you prepare for the exam. If you know just the theoretical part of the subject, you stand nowhere, as you must know the application and the time-management process also. Although there are a lot of such things that you can do, you wil…
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