Sonal went to a Jewellery shop and asked the sales girl to show her diamond bangles...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Sonal went to a Jewellery shop and asked the sales girl to show her diamond bangles with Ruby stones. The Jeweller told her that we have a lot of designs of diamond bangles but with red stones if she chooses for herself any special design of diamond bangle with red stones, they will replace red stones with Ruby stones. But for the Ruby stones they will charge some extra cost. Sonal selected a beautiful set of designer bangles and paid for them. She also paid the extra cost of Ruby stones. The Jeweller requested her to come back a week later for delivery of those bangles. When she came after a week to take delivery of bangles, she noticed that due to Ruby stones, the design of bangles has been completely disturbed. Now, she wants to terminate the contract and thus, asked the manager to give her money back, but he denied for the same. Answer the following questions as per the Sale of Goods Act, 1930. (i) State with reasons whether Sonal can recover the amount from the Jeweller. (ii) What would be your answer if Jeweller says that he can change the design, but he will charge extra cost for the same? (b) Explain the 'Doctrine of ultra vires under the Companies Act, 2013. What are the consequences of 'ultra vires' acts of the company? Sonal went to a Jewellery shop and asked the sales girl to show her diamond bangles with Ruby stones. The Jeweller told her that we have a lot of designs of diamond bangles but with red stones if she chooses for herself any special design of diamond bangle with red stones, they will replace red stones with Ruby stones. But for the Ruby stones they will charge some extra cost. Sonal selected a beautiful set of designer bangles and paid for them. She also paid the extra cost of Ruby stones. The Jeweller requested her to come back a week later for delivery of those bangles. When she came after a week to take delivery of bangles, she noticed that due to Ruby stones, the design of bangles has been completely disturbed. Now, she wants to terminate the contract and thus, asked the manager to give her money back, but he denied for the same. Answer the following questions as per the Sale of Goods Act, 1930. (i) State with reasons whether Sonal can recover the amount from the Jeweller. (ii) What would be your answer if Jeweller says that he can change the design, but he will charge extra cost for the same? (b) Explain the 'Doctrine of ultra vires under the Companies Act, 2013. What are the consequences of 'ultra vires' acts of the company?
Expert Answer:
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
Students also viewed these law questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Top executive officers of Preston Company, a merchandising firm, are preparing the next years budget. The controller has provided everyone with the current years projected income statement. Current...
-
Centennial Catering, Inc., is considering two mutually exclusive investments. The company wishes to use a CAPM-type risk adjusted discount rate (RADR) in its analysis. Centennials managers believe...
-
Suppose the strings of holiday lights used to decorate yards are produced in a perfectly competitive market and that each string purchased creates a positive externality of $1 due to its visual...
-
Let x represent the weight of a students school bag. Determine whether the random variable x is discrete or continuous. Explain.
-
Des Moines Power and Light has been collecting data on demand for electric power in its western subregion for only the past 2 years. Those data are shown in the table at the top of the shown below....
-
Tanner-UNF Corporation acquired as an investment $240 million of 5% bonds, dated July 1, on July 1, 2024. Company management is holding the bands in its trading portfolio The market interest rate...
-
Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight?s current benefits analysis is as follows: Company Cost (Current) Yearly Benefit Costs Employee...
-
The following information is available from the annual budget of a company manufacturing onl one item. Budgeted output and sales Budgeted selling price per unit Budgeted cost per unit: Material...
-
Does increasing redundancy increase or decrease reliability?
-
Does increasing system complexity without increasing redundancy then increase or decrease system reliability?
-
What are some of the key criteria for choosing a valuation method?
-
Describe the process of estimating the appropriate risk-free rate for estimating a DCF discount rate. Where can data be found for estimating the risk-free rate?
-
A manager assumes an unlikely request in an order must be the result of some unusual customer. Is this an example of outcome bias or normalization?
-
Is the ability to communicate the biggest key to a successful business enterprise?
-
X-1 Find the domain of the function f(x) : x 1 2 - O (-00, -1) U (-1, ) O (-00, 1) U (1, ) O -00, -1) U (-1, 1) U (1, 0) O (- 1, 1)
-
Compare the adjustment of debt proceedings under Chapters 11 and 13.
-
A consumer entered into an agreement with Rent-It Corporation for the rental of a television set at a charge of $17 per week. The agreement also provides that if the renter chooses to rent the set...
-
Felch was employed as a member of the faculty of Findlay College under a contract that permitted dismissal only for cause. He was dismissed by action of the President and Board of Trustees, which did...
-
Who is currently in your own network that you could use for prospecting? How might you add to your network?
-
Pick any three of the sources of prospects discussed in the chapter and pick a product or service you like. Develop several ideas for how you would use each source to locate leads for the product or...
-
Why do you think a salesperson might experience call reluctance? How can it be overcome?
Study smarter with the SolutionInn App