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1.Let us delineate the valuing of 99-day fates contract on a stock that pays $ 6.5487 profit on 50th day. The current stock cost is

1.Let us delineate the valuing of 99-day fates

contract on a stock that pays $ 6.5487

profit on 50th day. The current stock cost is $ 1987.524. The yield on hazard free resources

is 19.810% dad on straightforward loan cost premise

(or 9.53% p.a. nonstop compounding premise).

The information sources are hence: S = 187.550; r = 9.5847; T = 0.854949 year (or 99 days); t = 0.136986

year (50 days).

2. According to Sec. 45 of the Sale of Goods Act, 1930 a neglected dealer is an individual, who :

a) Who has not been followed through overall cost.

b) An individual who got a bill of trade which was disrespected

c) Both a) and b)

d) Neither a) nor b)

3. The privilege of a neglected merchant to keep the ownership of the merchandise and decline to convey the

products to the purchaser is called.

a) Right of refusal b) Right of lien

c) Right to resale d) None of the abovementioned.

4. The privilege of lien won't be lost in which of the accompanying cases :

a) By waiver of lien by the neglected dealer

b) When the products are conveyed to the transporter and the vender holds the privilege of removal of products.

c) When the purchaser legitimately acquires the ownership of the products

d) None of the abovementioned.

5. In which of the accompanying case, the travel won't reach a conclusion ?

a) When the purchaser gets the conveyance before they show up at the objective.

b) Where the transporter recognizes that he holds the merchandise for the sake of purchaser.

c) When the transporter illegitimately will not get it done

d) When the merchandise are dismissed by the purchaser and the transporter holds them.

6. The option to stop the merchandise on the way can be practiced by the neglected vender by :

a) Taking real ownership of the products

b) Giving notification of the dealers guarantee to the transporter

c) Both a) and b)

d) Neither a) nor b).

7. Right to lien can be practiced by the dealer :

a) On non-installment of the deal cost.

b) On break of guarantee

c) On expectant break.

d) All of the abovementioned

8. In which of the accompanying cases a notification of shame isn't needed?

a) When the cabinet has rescinded installment

b) When the gathering to whom the notification is to given can't be looked

c) When the gathering vows to pay genuinely.

d) All of the abovementioned.

9. Release comparable to a debatable instrument should be possible by

a) Discharge of the instrument b) Neither a) nor b)

c) Discharge of gatherings obligation d) Both a) and b).

10. The obligation of the producer of a promissory note is

a) Primary and supreme b) Both a) and b)

c) Secondary and contingent d) None of the above

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