Answer: Special Marriage Act of 1954 is applicable to: 1- The Act is applicable to any person, irrespective of religion. 2- It is applicable to the entire territory of India, except the State of Jammu and Kashmir and extends to intending spouses who are both Indian nationals living abroad.Nov
Explanation:
<u>Answer:</u>
According to the International fisher effect , for any two countries, the spot exchange rate should change in an equal amount but in the opposite direction to the difference in nominal interest rates between the two countries.
<u>Explanation:</u>
- International fisher effect states that if there is difference in nominal rate in two countries then this might affect the exchange rate of the two countries.
- If any country has higher nominal interest then there is a higher chance of inflation which might result in depreciation in there currency.
- For example XYZ country has 8% nominal interest and another ABC country have 10%. If we look closely, country ABC will be more appreciable but the country with higher interest will have higher inflation rate.
- So, inflation depreciates the currency of country as compared with the country with low nominal interest.
Answer:
Jerry owes a duty of slight care, in regards to the parakeet
Explanation:
In this situation since this is a bailment for the sole benefit of the bailor, Jerry owes a duty of slight care, in regards to the parakeet. This refers to the fact that Jerry has a legal obligation to adhere to the rules set forth by Tom and demonstrate a level of reasonable care when performing these rules/tasks, since not doing so may bring harm to the parakeet or Tom. Which by neglecting to make sure that the cage was closed properly the bird is forever gone and Tom is hurt both financially and emotionally from the parakeets loss.
