Legal Aspects Of Business - Study Mode
[#371] A negotiable instrument may be dishonoured
Correct Answer
(C) Both A and B
[#372] Match List-I with List-II and select the correct answer: List-I List-II a. Unpaid seller 1. Section 45 b. Right of lien 2. Section 47 c. Right of stoppage in transit 3. Section 50 d. Right of resale 4. Section 54
Correct Answer
(A) a-1, b-2, c-3, d-4
[#373] A owes Rs. 10,000 to B under a contract. It is agreed between A, B and C that B shall henceforth accept C as his debtor instead of A for the same amount. Old debt of A is discharged and a new debt from C to B is contracted. This is
Correct Answer
(C) Novation of contract
[#374] Which of the following can be taken as the start point of a 'contract'?
Correct Answer
(A) Proposal
[#375] Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange?
Correct Answer
(A) Section 5