Legal Aspects Of Business - Study Mode
[#531] Section 11 of the Indian Contract Act specifies that every person is competent to contract provided:
Correct Answer
(D) all of the above
[#532] Which one of the following is not the form of merger of company?
Correct Answer
(C) Diagonal
[#533] Right of resale can be exercised by unpaid seller when right to resale is expressly reserved by
Correct Answer
(A) agreement
[#534] Secretary cannot reveal trade secrets which he comes to know during his course of employment is:
Correct Answer
(B) Contractual liabilities
[#535] Which of the following statements are true in context of a cheque? 1. Cheque is a special kind of Bill of Exchange. 2. Cheque is always payable on demand. 3. Validity of Cheque is 6 months. 4. Cheque doesn't require any stamping.
Correct Answer
(B) 1, 2 and 4