Legal Aspects Of Business - Practice Test

(A) Redemption of Redeemable preference shares, if issue of such shares is authorised by the Articles

(B) Forfeiture of shares for non-payment of calls

(C) Paying off any paid-up capital which is in excess of the needs of the company

(D) Surrender of shares to the company by one or more shareholders

(C) Paying off any paid-up capital which is in excess of the needs of the company

(A) buyer should make payment well in time

(B) buyer should be beware of all aspects of buying

(C) buyer will be responsible for the whole payment

(D) buyer will not be responsible at any cost

(B) buyer should be beware of all aspects of buying

(A) Doing anything which has the effect of putting goods in possession of legal representatives of seller

(B) Doing anything which has the effect of putting goods in possession of any person authorized by the buyer

(C) Doing anything which has the effect of putting goods in possession of the buyer

(D) Doing anything which the parties agree to be treated as delivery

(A) Doing anything which has the effect of putting goods in possession of legal representatives of seller

(A) 319

(B) 320

(C) 410

(D) 502

(A) 319

(A) where a person stands in a fiduciary relation with the other and induces the other person to act on his directions

(B) the active concealment of a fact by one having knowledge or belief of the fact

(C) a promise made without any intention of performing it

(D) the suggestion as a fact, of that which is not true, by one who does not believe it to be true

(A) where a person stands in a fiduciary relation with the other and induces the other person to act on his directions

Legal Aspects Of Business - Study Mode