Business Law in Business Management : Practice MCQ Questions & Answers with Explanations

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?

When the Negotiable Instrument Act enacted in India?

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

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

What is known as a charter of a company?

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

Validity period for the presentation of cheque in bank is

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

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

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

Under the consumer protection act which is not included in the Term of"Goods"?

Under Contract of Guarantee, because of which reason Surety is discharged from his liability?

Under contract of bailment, mixing of goods made without the Consent of bailor which are not Separable then the Bailee Shall

The total managerial remuneration to the directors and the manager in respect of any financial year must not exceed..........percent of the net profit.

The rights of consumer as per consumer protection act does not included the right to be

The right to retain the goods, till the demands are unsatisfied is called

The property in a negotiable instrument passes to a..........transferee for value.

The person whose loss is bear by promiser is known as

The outsider or the 3rd party dealing with the company shall have knowledge of the MOA and AOA of the Company but they need not have knowledge process of Company, is called as

The Complaint be in consumer within..............of cause occurred.