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Arm's length pricing in India

By: Material type: Mixed materialsMixed materialsPublication details: 2012Description: 535-537Subject(s): NLM classification:
  • 338.521
In: MANAGEMENT ACCOUNTANTMSummary: Arm's length principle is the condition that both the parties to a transaction are independent and are on equal footing. This type of transaction is known as Arm's length transaction. It is generally use in contract law for agreement of an equitable agreement through either the parties may have shared interest or they are closely related to each other to be seen as completely independent.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 47/5 Available P14512

Arm's length principle is the condition that both the parties to a transaction are independent and are on equal footing. This type of transaction is known as Arm's length transaction. It is generally use in contract law for agreement of an equitable agreement through either the parties may have shared interest or they are closely related to each other to be seen as completely independent.

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