Question
1.An French seller has a payable of 8547857.959. The dealer has given the French carrier the going with two different alternatives. I. Pay quickly with
1.An French seller has a payable of 8547857.959. The dealer has given the French
carrier the going with two different alternatives.
I. Pay quickly with a money markdown of 18.547% on the payable.
ii. Pay after. 3 months with premium at 42.36% P.a.
The getting rate for the carrier in Rupees is 19.8562% P.a. Coming up next are the
trade rates as on December 02,2002.
$/ Spot 74.7658/8047
multi month 38.2545/40.2569
Which of the multiple choices is fitting for the dealer?
2. On the off chance that an accomplice just gives his name to the firm and doesn't take an interest in the administration of
the firm, at that point he is called as :
a) Dormant accomplice
b) Holding out accomplice.
c) Nominal accomplice
d) Sub accomplice.
3. At the point when an accomplice consents to impart his benefits to a third individual, at that point such individual is called as :
a) Sub accomplice
b) Dormant accomplice
c) Nominal accomplice
d) None of the above mentioned.
4. Sharing of benefits is an indisputable trial of organization :
a) True
b) False
c) Partly evident
5.The genuine trial of organization is :
a) Mutual organization
b) Profit sharing
c) Agreement
d) All of the above mentioned.
6.What is the period of accomplishing lion's share according to Indian Contract Act, 1872 when the minor is
under the guardianship of the court of wards ?
a) 16 years
b) 18 years
c) 21 years
d) 20 years.
7.Show of products in a shop window with costs set apart upon them is :
a) Agreement
b) Promise
c) Invitation to offer
d) Contract.
8.An agreement of organization might be made by :
a) Express arrangement
b) Implied arrangement
c) Ratification
d) All of the abovementioned.
9.A danger to end it all is considered as :
a) Fraud
b) Undue Influence
c) Misrepresentation
d) Coercion.
10.In an agreement of reimbursement, the risk of indemnifier is :
a) Secondary
b) Conditional
c) Primary
d) Optional.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started