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FOUNDATION LEVEL QUIZ
Under the NI Act, 1881, which of the following is a condition for the liability of a drawer in case of dishonor of a bill of exchange?
Under the NI Act, 1881, which of the following is a condition for the liability of a drawer in case of dishonor of a bill of exchange?
Anonymous Quiz
25%
a) The holder must send a protest notice to the drawee within 7 days
34%
b) The holder must present the bill for payment on the due date
29%
c) The holder must receive acceptance from the drawee prior to presenting it for payment
11%
d) The holder must sue the endorser before proceeding against the drawer
Forwarded from Divya Agarwal Mam (AIR 3)
INTER LEVEL QUIZ
Which of the following is NOT a valid reason for rescission of a contract under the Indian Contract Act?
Which of the following is NOT a valid reason for rescission of a contract under the Indian Contract Act?
Anonymous Quiz
13%
a) Fraud
54%
b) Mistake of law
19%
c) Misrepresentation
14%
d) Coercion
Forwarded from Divya Agarwal Mam (AIR 3)
FINAL LEVEL QUIZ
The appointment of independent directors under Section 149(4) is mandatory for ?
The appointment of independent directors under Section 149(4) is mandatory for ?
Anonymous Quiz
9%
a) All private limited companies
78%
b) Listed companies and unlisted public companies meeting prescribed criteria
5%
c) Only government companies
8%
d) Public companies with less than βΉ5 crores paid-up capital
π1
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May Goddess Saraswati, The Embodiment Of Knowledge And Wisdom, Bless You With Clarity, Focus, And Success In Your Academic Journey πβ¨
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Keep Learning, Keep Growing, And Let Your Dedication Guide You To Greater Heights. ππ
Wishing You All A Day Filled With Positivity, Devotion, And Inspiration! ππ
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FOUNDATION LEVEL QUIZ
Which of the following conditions will NOT constitute a valid "payment in due course" under the NI Act, 1881?
Which of the following conditions will NOT constitute a valid "payment in due course" under the NI Act, 1881?
Anonymous Quiz
17%
a) Payment made by a banker to a holder in due course
23%
b) Payment made in good faith without negligence
36%
c) Payment made even after the cheque is crossed
24%
d) Payment made strictly according to the apparent tenor of the instrument
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INTER LEVEL QUIZ
A contract becomes void under Section 56 if:
A contract becomes void under Section 56 if:
Anonymous Quiz
17%
a) The promisor breaches the terms
18%
b) Both parties are at fault
63%
c) The performance becomes unlawful or impossible due to supervening events
2%
d) There is a mere increase in cost of performance
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