Search Header Logo

NI Act, Sale of Goods, Companies Law Quiz

Authored by madhyala rajitha

Business

Professional Development

Used 1+ times

NI Act, Sale of Goods, Companies Law Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following section in the Negotiable Instruments Act deals with the Bill of Exchange?

Section 5

Section 6

Section 4

Section 13

Section 8

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Section 6 of the Negotiable Instruments Act defines ___

Cheque

Bill of Exchange

Promissory Notes

Dishonour by non-payment

Dishonour by non-acceptance

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sec 4 of Negotiable Instrument Act 1881 deals with

Promissory Note

Bill of exchange

Cheque

Banker’s Note

None of these

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The parties of a bill of exchange are

Drawee, Banker and payee

Banker drawee and payee

Banker acceptor and payee

Banker drawer and payee

Drawer, Drawee and Payee

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Section 123 of the Negotiable Instruments Act,1881 deals with_______?

Cheque crossed specially

Set of bills.

Cheque crossed generally

Cognizance of offences

Cheque crossed with condition

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following are not the negotiable instruments?

airways bills

Bank note

letter of credit

Demand draft

Only A , B and C

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the time period during which the cheque is to be presented u/s 138 of NI act?

A. Before the bank fails

B. Before the drawer stops payment of Cheque

C. During the validity period

D. Maximum within 3 months of date of issue

C &D

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Microsoft

Continue with Microsoft

or continue with

Facebook

Facebook

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?