A. an immoral agreement.B. a valid agreement.C. an agreement opposed to public policy.D. an enforceable agreement. Share the PostRelated Posts:A contract to trade with an enemy isCreation of a political fund by trade unions under the Trade…Each party to a Read More …
Category: Fundamentals of Law
A Promissory Note must be
A. in writingB. unconditionalC. signed by the makerD. all of the above Share the PostRelated Posts:The maturity of a promissory note or bill of exchange is the…In a promissory note, the amount of money payableThe undertaking contained in a promissory Read More …
The Negotiable Instruments Act 1881 came into force on
A. 9th December 1881,B. 19th December, 1881C. 1st March, 1882D. None of the above Share the PostRelated Posts:Under Section 118 of the Negotiable Instruments Act, 1881,…The term ‘Negotiable Instrument’ is defined in the…The term “ a cheque in the electronic Read More …
The term ‘Negotiable Instrument’ is defined in the Negotiable Instruments Act, 1881, under Section.
A. 12B. 13C. 13AD. 2(d) Share the PostRelated Posts:Under Section 118 of the Negotiable Instruments Act, 1881,…The term “ a cheque in the electronic form” is defined in…Which of the following is not a Negotiable Instrument as per…The Negotiable Instruments Read More …
Right of Stoppage in transit may be exercised by the Unpaid Seller, by
A. taking actual possession of goods.B. giving notice of his claim to the Carrier/Bailee who holds the goodsC. Either (a) or (b)D. Both (a) and (b) Share the PostRelated Posts:Right of stoppage in transit can be exercised by the Unpaid…Right Read More …
Property in the goods in the Sale of Goods Act, 1930 means
A. Ownership of goodsB. Possession of goodsC. Asset in the goodsD. Custody of goods Share the PostRelated Posts:The Sale of Goods Act, 1930 governs the transfer of property…What is the purpose behind the enactment of Sale of Goods…Which of the Read More …
The Sale of Goods Act, 1930 governs the transfer of property in
A. movable propertyB. immovable propertyC. both movable and immovable property \D. all types of properties Share the PostRelated Posts:Property in the goods in the Sale of Goods Act, 1930 meansWhat is the purpose behind the enactment of Sale of Goods…Which Read More …
Right of Stoppage in transit can be exercised by the Unpaid Seller, where he
A. has lost his right of lienB. still enjoys his right of lienC. either (a) or (b)D. neither (a) nor (b) Share the PostRelated Posts:Right of stoppage in transit can be exercised by the Unpaid…Right of Stoppage in transit may Read More …
Transfer of documents of title to the goods sold to the buyer, amounts to
A. actual deliveryB. Symbolic deliveryC. constructive deliveryD. None of the above Share the PostRelated Posts:If a car is sold for Rs..50000 the profit is 17 percent,…Mr. A obtained mobile set from Mr. B by fraud. Mr. A has a…S sells Read More …
A valid contract of sale
A. includes ‘an agreement to sell’B. does not include ‘an agreement to sell’C. includes hire purchase contractD. includes contract for work and labour Share the PostRelated Posts:For a valid contract of sale, delivery may beA grocer has a sale of Read More …