Legal Services - Class 12 Commerce Legal Studies - Extra Questions

Write the most appropriate word/term/phrase which can substitute each of the following statements:
Amount of money payable to broker while buying and selling the shares and securities.

Amount of money payable to broker while buying and selling the shares and securities is called brokerage.


Solve.
X saved Y's house from fire. Can X claim compensation from Y on the ground that y enjoyed the benefit of X's act?

Solution: Section to which the given problem relates: Section 70
Decision and Reason: Y cannot claim compensation from Y unless the circumstances show that he did not intend the act gratuitously.


Class 12 Commerce Legal Studies Extra Questions