1. How will the following information be presented in the Balance Sheet of Alex Ltd.?

Particulars $ in millions

PV of Defined Benefit Obligations 3800

Fair Value of Plan Assets 3214

2.If another agreement is subbed instead of a current agreement it is called -

a) Alteration c) Novation

b) Rescission d) Waiver.

3.The expression "Quantum Meruit" in a real sense implies -

a) As much as is acquired c) A Contract for the deal

b) The reality in itself d) As much as is acquired

4.Damages granted to repay the harmed party for the real measure of misfortune endured

by him for penetrate of agreement are called -

a) General/Ordinary Damages c) Vindictive Damages

b) Special Damages d) Nominal Damages

5.A locater of lost merchandise is a -

a) Bailor c) True Owner

b) Bailee d) Thief.

6.Which of coming up next is the fundamental element of agreement of repayment :

a) Contract to make great the misfortune

b) Loss should be caused to the repayment holder

c) Loss might be brought about by guarantee or some other individual.

d) All of the abovementioned.

7.When the merchandise are conveyed by to each other via security for the cash

acquired, at that point it is actually known as :

a) Hire c) Pledge

b) Pawnee d) None of the abovementioned.

8.Which of coming up next isn't a charge on the property :

a) Pledge c) Mortgage

b) Bailment d) Hypothecation.

9.How organization is made :

a) By Direct arrangement c) By need

b) By suggestion d) All of the abovementioned.

10.The conveyance of products by one individual to another as security for the installment of an obligation is

called -

a) Bailment c) Mortgage

b) Pledge d) Hypothecation