Professional Documents
Culture Documents
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
Contract of
Contact of
K.K. SOLUTIONS.
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
K.K. SOLUTIONS.
BUSINESS LAW.
MATCH THE FOLLOWING:Jus impersonal
person
Symbolic delivery
Auction
Auction
No authority to sell
Sale by one of
Unpaid
Buyer gets a good
K.K. SOLUTIONS.
BUSINESS LAW.
Property in goods is
transferred from buyer to seller
Contract
An offer
Cross offer
identical offer
Essential for
Agreement to
Conditional or absolute
A seller guilty of fraud
Damages to the goods by a third party
can take action
Only owner
K.K. SOLUTIONS.
BUSINESS LAW.
Exceptions
Sale shall be valid
Sale by owner
Damage to goods
Quotations ;
Mistake of
Void
Void contracts
Possibility of
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K.K. SOLUTIONS.
BUSINESS LAW.
Auction
Symbolic delivery
Auction
Promisor
Simple
Partnership
MATCH THE FOLLOWING:When the properties in goods has not passed to the buyer
Right to sue for price
No notice of resale is given to the buyer, the unpaid seller
Purchase price
is entitled to
Right to sue for the interest
unpaid seller
Rights of an
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To retain
K.K. SOLUTIONS.
BUSINESS LAW.
Supervening
Tender of
Recession of
Vexation or
Filed within
No complaint
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K.K. SOLUTIONS.
BUSINESS LAW.
Actual delivery
Physical delivery
Delivery
Third
MATCH THE FOLLOWING:The person whom the promissory note has been endorsed
Holder
A bill of exchange
stamped
Must be
At the
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K.K. SOLUTIONS.
BUSINESS LAW.
Illegal acts
Tender
Negotiation by
Reasons to return
Persons of
Void
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Idiots
K.K. SOLUTIONS.
BUSINESS LAW.
Coercion
Fraud
Valid contract
The object or
consideration of an
agreement
Unlawful
Unlawful agreement
Attempted performance
Mutual &
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Discharge of
K.K. SOLUTIONS.
BUSINESS LAW.
Stifling
Interference
Illegal
Not absolutely
Dependent
Fraud
Not applicable
Supply of
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K.K. SOLUTIONS.
BUSINESS LAW.
Mandatory
Cancelling a cross
Material alteration
Immaterial
Procedure of bank
customers norms
Know your
Correspond to
Expressum
Constructive
Absolutely
Invitations to offer
Actual offer
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Mistake of
K.K. SOLUTIONS.
BUSINESS LAW.
Very
Correspond to
Constructive
Expressum
Another
Principal
Act of agent is
Act of principal
Expressed or
Situated in New
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Obligatory
K.K. SOLUTIONS.
BUSINESS LAW.
Act diligently
Bailor
Owner of goods
Bailee
goods
To take care of
Bailment means
To deliver goods
Voluntary act of
Dissolution of firm
the firm
Evidence against
In accordance
Effect of admission
Liability of firm
Partnership
Partnership firm
Mutual Agents
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K.K. SOLUTIONS.
BUSINESS LAW.
Prime facie
Share in profit
Co-ownership
Hindu Law
Supervening
Recession of
Tender of
Absolutely void
Contingent contract
Established by
Deficiency
Inadequacy in the
quantity & nature of
goods
Not required
Consumer Dispute
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K.K. SOLUTIONS.
BUSINESS LAW.
An outsider who
Right of a partner
Debtor
Subject to the contract
Creditor
his acts
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K.K. SOLUTIONS.
BUSINESS LAW.
Multiple Choices Important Questions:1. The essential qualifications o a holder in due course must be a
Holder for a valuable consideration
Holder
Holder of the negotiable instrument
Finder of an instrument
2. Agency may be created in any one of the following ways
Agency by Friendship
Agency by express Agreement
Agency by implied agreement
Agency by estoppels or by holding out
3. There are three redressed agencies for the settlement of the
dispute for the consumer
District forum
State commission
State commission
District court
4. The memorandum of a company shall be
Divided into paragraphs numbered consecutively
Printed
In English language only
Signed by each subscriber
5. Delivery of wrongful quantity may be delivery of goods
Less than contracted for
In excess of the quantity contracted for
Contracted for mixed with other goods
Of 1000 no of cotton bundles
6. If the seller sells the goods, even though he is not the owner of
the goods the buyer gets a goods tide to die good in cases
where a sale is by
A person who finds the lost goods under certain
circumstances
A Pawnee of a pledge under certain circumstances
An official assignee or liquidator
A member of a family
7. Every Prospectus shall state the matters specified in part I of
schedule II of the companies Act issued by
Or on behalf of any person engaged in formation of company
Experts not engaged or interested in the formation of
company
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K.K. SOLUTIONS.
BUSINESS LAW.
Or on behalf of a company
Or on behalf of any person interested in formation of
company
8. Under section 2(I) (II) of consumer protection Act, members
includes the president and a member of the
National commission
District forum
State commission
City forum
9. The District forum has power within the state to
Transfer complaint in any other District forum within the
state
File a complaint
Entertain a complaint
Entertain complaint on any subject matter
10.
11.
Contents of a complainant under the consumer disputes Act
are
Issuing of commission for the examination of witness
The relief that the complainant claims
The facts relating to the complainant
Attachment of the documents
12.
13.
The conditions must be fulfilled before a seller can be
deemed to be an unpaid seller are that he must be
Have sold goods against cash and the price must be due
Unpaid either wholly or partly
Have an immediate right of action for the price
Have not sold the goods for price
14.
A Sleeping partner is one who
Share in the profit
Does not take any active part
Invest capital
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K.K. SOLUTIONS.
BUSINESS LAW.
It is disclosed principal
15.
16.
Fraud includes
Concealment to fact
Promise without intention to perform
Silence equivalent to speech
Any act to deceive
17.
The prospectus is
A document raising share capital
Issued to invite the subscription to shares
A prospectus can be, any notice
Invitation made to individual
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