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please do answer all parts in respect to accounting :- 1.H Ltd. consents to purchase over the matter of B Ltd. compelling first April, 2012.The

please do answer all parts in respect to accounting :-

1.H Ltd. consents to purchase over the matter of B Ltd. compelling first April,

2012.The summed up Balance Sheets of H Ltd. what's more, B Ltd. as on 31st March 2012 are as per the following:

Monetary record as at 31st March, 2012 (In Crores of Rupees)

Liabilities: H. Ltd B. Ltd.

Settled up Share Capital

Value Shares of $968.68 each

Value Shares of $154.547 each

Hold and Surplus 9685.68

All out 7848.524

Resources:

Net Fixed Assets 96885.154

Net Current Assets 96885.52

Conceded Tax Assets 102036.65

H Ltd. proposes to purchase out B Ltd. furthermore, the accompanying data is given

to you as a feature of the plan of purchasing

You are needed to show up at the worth of the portions of both H Ltd. furthermore, B Ltd.

under:

(I) Net Asset Value Method

(ii) Earnings Capitalisation Method

(iii) Exchange proportion of portions of H Ltd. to be given to the investors of B

Ltd. on a Fair worth premise (mulling over the presumption

referenced in point 4 above.)

2.A Contract which is framed without the free assent of gatherings, is -

a) Valid c) Voidable

b) Illegal d) Void abdominal muscle initio

3.Contracts under one-sided botch are - if such slip-up is brought about by the extortion or

deception of the other party.

a) Valid c) Illegal

b) Void d) Unenforceable.

4.Mistake as to unfamiliar law is treated in a similar way as -

a) Mistake of India Law c) Misrepresentation

b) Mistake of Fact, d) Fraud.

5.If an arrangement experiences any vulnerability. It is -

a) Voidable c) Unenforceable

b) Void d) Illegal.

6.All illicit arrangements are -

a) Void-stomach muscle initio c) Contingent

b) Valid d) Enforceable.

7.A guarantee to give cash or cash's worth upon the assurance or ascertainment of an

unsure occasion is called -

a) Wagering Agreement c) Illegal Agreement

b) Unlawful Agreement d) Voidable Agreement.

8.In the States of Gujarat and Maharashtra, security exchanges to a betting understanding

are :-

a) Voidable c) Valid and Enforceable

b) Illegal and Void d) Contingent

9.A Contingent Contract is an agreement to do, or not to accomplish something if some occasion, guarantee

to such agreement -

a) Happens c) Neither a) nor b)

b) Does not occur d) Either a) or b).

10.Which of these gatherings can't request execution of guarantee?

a) Promisee

b) Any of the Joint Promisees.

c) On the demise of a Promisee, his Legal Representative.

d) Stranger to the Contract.

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