Question

Q. 4. Identify and explain the concepts from the given
illustrations :




4) Malathi purchased a house through an agent. The
agent accepted the commission amount in cash but
did not issue a receipt to her.
5) To prevent misuse/fraudulent use of the national
currency, a note ban is imposed on its use at certain
times.​

Answer 1

Explanation:

the above sentences says that we should be careful when doing some money transfers.

in case of malathi, if she has any objection for giving money or she doesn't want the house since it is bad. she can't get back money in case the agent cheated her as there is no document for transaction.

5. It says about rules of govt. if they sees or knows about black money is available in someone's hand that is dangerous. in this case govt bans that note so it can't be used.