Q. Which transaction is NOT a Sale of Goods under the Act?
Anonymous Quiz
16%
a) Sale of electricity
43%
b) Sale of standing timber agreed to be severed before sale
39%
c) Sale of actionable claim
3%
d) Sale of machinery
❤1
A company reissues forfeited shares at a discount of ₹6. Amount forfeited on those shares was ₹5.
Anonymous Quiz
22%
a) Valid
32%
b) Invalid
37%
c) Valid with Special Resolution
8%
d) Valid if Articles permit
❤2
An Interested Director remains present only for quorum but does not vote.
Anonymous Quiz
33%
a) Valid
17%
b) Invalid
42%
c) Valid if disclosed
8%
d) Valid if ratified
❤1
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