Questions

The South Asian Association for Regional Cooperation is the regional intergovernmental organization and geopolitical union of nations in South Asia. Its member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. The year 1995 is observed as poverty eradication year by SAARC.

A lessee is a person who rents land or property from a lessor. The lessee is also known as the "tenant".

A right of lessee can be described as the right to exclusive possession.

Depending upon the increase or decrease in price rates, buyers may respond accordingly. Some buyers may assume that quality of the product may have reduced to to reduction in price or that the company may not be selling the product as per expectations. The other assumption that buyers may make is that prices may go down in the future and so may delay purchase. On the other hand increased price may lead to a decrease in demand as the product may be more costly for the consumers who may switch to another seller offering similar products at lower prices.

Mahavira