The Cash and Carry clause in the Neutrality Act of 1939 allowed belligerent nations to purchase non-military goods from the United States, provided they paid in cash and transported the goods themselves. This policy aimed to support Allied nations while maintaining U.S. neutrality by avoiding loans and war debts. It marked a shift from earlier neutrality policies by enabling the U.S. to assist those fighting against Axis powers without direct involvement in the conflict.
Clause 135 in the CSR Act of India require that companies of a certain size or profitability (5) contribute at least 2 percent of their average net profits made during the three preceding financial years to CSR projects.
An Unscheduled Bank is one which is defined in clause (c) section 5 of the Banking Regulation Act 1949.
investment allowance reserve, capital reserve received in cash, security premium received in cash,capital redemption reserve,
No. Revenue stamps are applicable on cash payment.
The Uniform Partnership Act, recognized by more than forty states, states that "a partnership is an association of two or more persons to carry on as coowners a business for profit" (UPA 6[11]).
the US to send arms and other aid to Britain and France
US passed some laws during the World War II: - Neutrality Act - Cash and Carry law - Lend-Least Act
Under the Neutrality Act of 1939, warring nations could buy weapons from the US only if they paid cash and carried the arms on their own ships
Under the Neutrality Act of 1939, warring nations could buy weapons from the US only if they paid cash and carried the arms on their own ships
Neutrality Acts were a series of laws passed by the U.S. Congress in the 1930s aimed at preventing American involvement in foreign conflicts. Key examples include the Neutrality Act of 1935, which prohibited arms sales to belligerent nations, and the Neutrality Act of 1937, which extended the ban on arms sales and included provisions for cash-and-carry trade. The acts reflected a strong isolationist sentiment in the U.S. during that era, particularly in response to the growing tensions in Europe and Asia.
the passage of the Neutrality Act of 1939
The Neutrality Act of 1937 did not allow any shipments of arms or other goods to countries at war unless payments were made in cash and the goods were transported _______.
The acts were laws passed in 1935, 1936, 1937, and 1939 to limit U.S. involvement in future wars. The 1935 act banned munitions exports to belligerents(countries that were engaged in warfare.in this case, specifically WW2) and restricted American travel on belligerent ships. The 1936 act banned loans to belligerents. The 1937 act extended these provisions to civil wars and gave the president discretionary authority to restrict nonmunitions sales to a "cash‐and‐carry" basis (belligerents had to pay in advance then export goods in their own ships).The 1939 act banned U.S. ships from carrying goods or passengers to belligerent ports but allowed the United States to sell munitions, although on a "cash‐and‐carry" basis. Congress repealed the Neutrality Acts on 13 November 1941. (i largely copied and pasted this answer from this site: http://www.answers.com/topic/the-neutrality-acts)
The original plan was to stay out of the war and keep America safe (isolitionism) The US didn't want to provoke an attack by helping Germany's enemies because a friend of their enemy is their enemy. So the US passed the neutrality act of 1939 to say that they wouldn't support one side over another. A major part of this was cash and carry which said that buyers had to pay in cash and transported the weapons on their own ships (if you are doing this for a class in school, you need to know the transition from cash and carry to lend-lease). Britain controled the Atlantic at the time so really, cash and carry favored the allies since Germany wasn't able to transport the goods. Britain started to run low on money so the US changed the policy to lend-lease which let Roosevelt "lend, lease, exchange, or otherwise dispose of" American weapons to the British for any reason. The Neutrality act tried to keep the US out of the war but failed.
to please everyone
There were 3 neutrality acts. The first one was in 1935, the second in 1936, and the third in 1937. Neutrality act of 1935-no shipment to countries at war. Neutrality act of 1936-no loans to countries at war. Neutrality act of 1937-no arms to opposing sides of the Spanish Civil War.
The acts were laws passed in 1935, 1936, 1937, and 1939 to limit U.S. involvement in future wars. The 1935 act banned munitions exports to belligerents(countries that were engaged in warfare.in this case, specifically WW2) and restricted American travel on belligerent ships. The 1936 act banned loans to belligerents. The 1937 act extended these provisions to civil wars and gave the president discretionary authority to restrict nonmunitions sales to a "cash‐and‐carry" basis (belligerents had to pay in advance then export goods in their own ships).The 1939 act banned U.S. ships from carrying goods or passengers to belligerent ports but allowed the United States to sell munitions, although on a "cash‐and‐carry" basis. Congress repealed the Neutrality Acts on 13 November 1941. (i largely copied and pasted this answer from this site: http://www.answers.com/topic/the-neutrality-acts)