Legal Aspects Of Business - Study Mode

[#811] A person supplying necessaries to an incompetent person (such as a minor or lunatic), is entitled to be reimbursed from the property of such person on the basis of
Correct Answer

(B) quasi-contract

[#812] Declaration of solvency of company by the Directors is necessary in case of:
Correct Answer

(D) All the above

[#813] A cheque is always payable
Correct Answer

(A) on demand

[#814] From the date of registration, a public limited company must issue its prospectus within
Correct Answer

(C) 90 days

[#815] Doctrine of Indoor Management is referred to as:
Correct Answer

(B) Turquand rule