A. 3;2B. 23C. 25D. 810
Tag: Business Laws MCQs
What are the limits of number of members in a Private Company?
A. FiftyB. SevenC. TwentyD. Two hundred
Cheque can be of types and crossing of cheques can be of types.
A. three, twoB. two, twoC. two, threeD. three, three
Holder in due course means any person-
A. Drawing the instrumentB. who for consideration became the possession of promissory noteC. to whom order the money is directed to paidD. none of the Above
Features of Negotiable instruments are –
A. Written and signedB. RecoveryC. Freely transferableD. All of the above
Future goods means goods to be manufactured or produced or acquired by the seller
A. In future prescribed timeB. after making of contractC. before making of contractD. none of the above
Which of the following is not a negotiable instrument
A. Bill of exchange and chequeB. Postal Order & Currency noteC. Promissory note and chequeD. Promissory note & Bill of exchange
Bearer cheques are also known as—— cheques.
A. CrossedB. GeneralC. SpecialD. Open
Which of the following is not the right of an unpaid seller under Sale of Goods Act, 1930:
A. Right of lien on goods for the price while the goods are in possession of seller.B. Right of stopping the goods in transit, in case of insolvency of buyerC. Right of resale as limited by the ActD. Right of Read More …
The voluntary transfer of possession from one person to another is called
A. TransferB. change of possessionC. DeliveryD. None of above