In an auction sale the auctioner hits d hammer on d table a vase which was d subject matter falls nd breaks.who shuld bear d risk
a) buyer b) auctioner c) both equally d) -
Menu
Cpt dec-mlaw
Replies (1)
After hitting the hammer risks &rewards will transfer to the buyer.So buyer should bear the risk.but he has a right to claim regarding that damages.
Recent Topic
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
Related Topics
CAclubindia
