Business Law MCQs Quiz Multiple Choice Questions & Answers Page 2

Business Law MCQs questions answers


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Business Law Questions with Answers

51. Under the contract of guarantee, can the surety file a suit against the principal debtor?

52. Under the Contract of Indemnity, the given Promise is for Protection for loss caused by

53. Up to how much maximum amount of redressal is done by state level commission?

54. Validity period for the presentation of cheque in bank is

55. What is a maximum age limit of a person who can be a member in national commission is

56. What is known as a charter of a company?

57. When goods are physically handed over to the bailee by the bailor is known as

58. When the day on which a promissory note or bill of exchange Is at maturity is a public holiday, the instrument shall be deemed to be due on the

59. When the Negotiable Instrument Act enacted in India?

60. Where no rate of interest is specified in the bills of exchange or promissory notes then what is the interest rate used for calculating the interest amount?

61. Which of the following is a duty of bailee?

62. Which of the following is included in the essential elements of promissory notes?

63. Which of the following is not a characteristic of bailment?

64. Which of the following is not a duty of bailor?

65. Which of the following is not a special contract under Indian Contract Act, 1872?

66. Which of the following is not an exception to continuing guarantee?

67. Which of the following is not an ownership Security?

68. Which of the following is not considered as the exploitation of consumer?

69. Which of the following is not considered invalid?

70. Which of the following is not included in the essential elements of bills of exchange?

71. Which of the following is not included in the Presumptions of negotiable Instrument?

72. Which of the following is not included in the types of Negotiable Instrument?

73. Which of the Following is not included in types of Bailment?

74. Which of the following is the characteristics of Negotiable Instruments?

75. Which of the following options is not included in redressal forum according to the consumer Protection?

76. Which of the following right is not included in the rights of surety against the creditor?

77. Which of the following right of surety against the principal debtor?

78. Which organisation are created to advice and assist the consumers in seeking and enforcing their rights in India?

79. Who has to prove the quantum of liability of surety?

80. Whose Signature is required on share Certificate?

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