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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
Which of the following endorsements is invalid under the Negotiable Instruments Act, 1881?
Which of the following endorsements is invalid under the Negotiable Instruments Act, 1881?
Anonymous Quiz
20%
a) Blank endorsement
22%
b) Conditional endorsement
19%
c) Restrictive endorsement
39%
d) Endorsement in pencil
π1
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
What is the legal term for a contract where one party promises to compensate another if a third party fails to fulfill an obligation?
What is the legal term for a contract where one party promises to compensate another if a third party fails to fulfill an obligation?
Anonymous Quiz
34%
a) Contract of indemnity and
54%
b) Contract of guarantee
8%
c) Contract of bailment
3%
d) Contract of agency
π1
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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
CS Executive - Ultimate CMSL Chapter 17 Revision Alert π―
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Forwarded from Divya Agarwal Mam (AIR 3)
FOUNDATION LEVEL QUIZ
Under the Negotiable Instruments Act, 1881, which of the following is correct regarding a 'Cheque'?
Under the Negotiable Instruments Act, 1881, which of the following is correct regarding a 'Cheque'?
Anonymous Quiz
25%
a) A cheque must be presented for payment within 2 months of the date of issue
29%
b) A banker can refuse payment of a crossed cheque
23%
c) A cheque must be endorsed by the holder for transfer
23%
d) A cheque can be drawn only for payment to the bearer
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