Multiple Choice
The undertaking contained in a promissory note, to pay a certain sum of money is
A) Conditional
B) Unconditional
C) May be conditional or unconditional depending upon the circumstances
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The liability of members if company is
Q7: The liability of members if company is
Q8: The term 'negotiation' in section 14 of
Q9: A bill of exchange contains a/an<br>A)Unconditional undertaking<br>B)Unconditional
Q10: Ultra vires means<br>A)Beyond the powers<br>B)Within the powers<br>C)Both<br>D)None
Q12: The Right of Lien is exercised:<br>A)To retain
Q13: Where an unpaid seller has made part
Q14: Total managerial remuneration cannot exceed _% of
Q15: Quorum should be present at the<br>A)Commencement of
Q16: According section 5(2) subject to provision of