Description : Presentment of an acceptance is required in case of A. Every Bill of exchange B. Every Bill of exchange payable after sight C. Every promissory note D. Every cheque
Last Answer : C. Every promissory note
Description : A promissory note or bill of exchange which is not expressed to be payable on demand, at sight or on presentment is at maturity A. On the 30th day after the day on which it is expressed to be ... expressed to be payable D. On the 4th day after the day on which it is expressed to be payable.
Last Answer : D. On the 4th day after the day on which it is expressed to be payable.
Description : To whom of the following, payment of the amount due on a promissory note, bill of exchange or cheque must be made in order to discharge the maker or acceptor A. Holder of the instrument B. Indorser of the instrument C. Indorsee of the instrument D. None of the above.
Last Answer : A. Holder of the instrument
Description : If an instrument may be construed either as a promissory note or bill of exchange, it is A. A valid instrument B. An ambiguous instrument C. A returnable instrument D. None of the above.
Last Answer : A valid instrument
Description : Acceptor for honour can be a party to A. A cheque B. A bill of exchange C. A promissory note D. A hundi
Last Answer : B. A bill of exchange
Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above
Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof
Description : Cheque is a A. Promissory note B. Bill of exchange C. Both (a) and (b) above D. None of the above.
Last Answer : D. None of the above.
Description : Debtors Turnover ratio is also known as (i) Receivables turnover ratio (ii) Debtors velocity (iii) Stock velocity (iv) Payable turnover ratio A. (i) and (ii) B. (i) and (iii) C. (ii) and (iii) D. (iii) and (iv)
Last Answer : A. (i) and (ii)
Description : A bill is drawn payable to 'A' or order. 'A' indorses it to 'B', the indorsement not containing the words '"or order" or any equivalent words. Can 'B' negotiate the instrument? A. Yes B. No C. Not always D. None of the above.
Last Answer : A. Yes
Description : Real estate question. Can a person be on the promissory note and not on the deed of trust?
Last Answer : Yes, anytime one person co-signs for someone else, they are on the promise to pay. They don't have to have any ownership in the property (real estate as well as auto). This is usually done ... who signs off a quit-claim deed in the mistaken belief that gets them out of responsibility for the debt.
Description : Why is a rose-bud like a promissory note? -Riddles
Last Answer : It matures by falling dew.
Description : promissory note example
Last Answer : See here > http://www.usattorneylegalservices.com/promissory-note.html
Description : Promissory Note Due on Demand?
Last Answer : Get StartedThe Due on Demand Promissory Note is a document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing ... "on demand," meaning it must be paid immediately by the Borrower upon request by the Lender.
Description : Promissory Note Due on a Specific Date?
Last Answer : Get StartedThe Due on a Specific Date Promissory Note is a document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party ... Specific Date Promissory Note must be repaid by the Borrower to the Lender on a specified due date.
Description : Promissory Note - Due on Demand (Personal)?
Last Answer : Get StartedA Due on Demand Promissory Note specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing the loan funds is the ... Note is payable "on demand." In other words, payable immediately at the request of the Lender.
Description : Promissory Note with Balloon Payments?
Last Answer : Get StartedA Balloon Payment Promissory Note is a written document that specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" ... be used to enter the basic financial information.A Balloon Payment Promissory Note gives Borrowers an opportunity
Description : Promissory Note Default Notice?
Last Answer : Promissory Note Default Notice(Download)____________________________________________________________________________________________________________________Re: Promissory note dated _______________Amount due as of this date: $ _______Dated: ... for full payment of the entire balance due on said
Description : Promissory Note Assignment?
Last Answer : Promissory Note Assignment(Download)WHEREAS, ____________, is the owner and holder of the following described promissory note:Maker(s): __________________________Face amount: $_______(______________&___/100 dollars) ... a promissory note.1. Make multiple copies. Give one to each related party.
Description : Mr. Mendoza lends $ 25,000 to a friend with interest of 15.3% per year and a 5-month term, but 2 months later, he negotiated the corresponding promissory note at $ 25,750, what was the commercial discount rate?
Last Answer : Nevermind I found it but I can't delete the question so I guess Ill just to leave it.
Description : A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________ A. Power of Attorney B. Promissory Note C. Purchasing Power Parity D. None of the Above
Last Answer : B. Promissory Note Explanation: A promissory note is a legal instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee)
Description : The section 4 of the Negotiable Instruments Act, 1881 deals with ________ A. Cheque B. Bills of Exchange C. Promissory Note D. All of the Above E. None of the Above
Last Answer : C. Promissory Note Explanation: The section 4 of the Negotiable Instruments Act, 1881 deals with Promissory Note.
Description : Define Promissory note?
Last Answer : Negotiable instrument act 1881 defines a promissory note as “an instrument in writing containing an unconditional undertaking signed by the maker to pay a certain sum of money only, to or to the order of a certain person”.
Description : Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note
Last Answer : a. ICD
Description : Which of the following is not a condition for drafts to be negotiable? A. must be in writing, signed by the drawer B. must contain a promise to pay a certain sum if goods are received C. must contain an ... D. must be payable on sight or at a specified date E. must be made out to order or bearer
Last Answer : B. must contain a promise to pay a certain sum if goods are received
Description : Inductive arguments are properly characterised as A) valid-invalid B) strong-weak C) definite-indefinite D) certain-uncertain.
Last Answer : B) strong-weak
Description : ______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above
Last Answer : B. Cash budget
Description : Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No act is ever ... lying are wrong of their very nature, the kind of acts they are. No amount of n
Last Answer : B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences.
Description : Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No ... amount of net good consequences could ever justify them. D. The end never justifies the means.
Description : Provided that the minimum amount of sum so payable shall not be less than ____ of the value of such defective goods sold or services provided, as the case may be to such consumers. a) Rs 25000/- c) 10 % c) 5% d) None of these
Last Answer : c) 10 %
Description : Government promissory notes received for safe Custody must record at -------------- in a register in Form Sec 19 a. Once b. Twice c Once in a month
Last Answer : a. Once
Description : A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the ... the age of majority D. The creditor can recover his amount from the parent or guardian of the minor
Last Answer : A. The creditor cannot recover the amount from the minor since a contract with a minor is void ab initio
Description : If water table is comparatively high, the irrigation canal becomes useless, due to a. Large amount of seepage b. Water logging of the cultivated areas c. Uncertain water demand d. All the above
Last Answer : d. All the above
Description : Terms of an offer must be ......... (a) Ambiguous (b) Uncertain (c) Definite (d) Vague
Last Answer : (c) Definite
Description : A object for trace a bag or value payable or insured article mail during its course from the office of dispatch to the office of final destination is a a) Complaint b) Search Bill c) Delivery note d) None of these
Last Answer : b) Search Bill
Description : Mark the correct option related to submission of robbery report to DG Posts a) Case of highway robbery of mail involving loss of cash/valuables above Rs 50000 b) The attacks on offices by dacoits ... ) Cases of fraud and loss or misappropriation of public money exceeds Rs 50000 e) All the above
Last Answer : e) All the above
Description : Does the WTO come with its own institutional framework? A. No, the WTO depends on the relevant frameworks of national governments B. No, the WTO provides certain institutional arrangements ... Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Last Answer : D. Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Description : Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method
Last Answer : A. percentage of sales method
Description : If the words "not negotiable" are used with special crossing in a cheque, the cheque is A. Not transferable B. Transferable C. Negotiable under certain circumstances D. None of the above
Last Answer : B. Transferable
Description : Anuj agrees to pay ` 10,000 to Manoj if a certain ship returns within a year. However, the ship sinks within the year. In this case, the contract becomes: A. Valid B. Void C. Voidable D. Illegal
Last Answer : B. Void
Description : Does being too wordy make one appear insecure? insincere? uncertain? Too willing to please? Anything else undesirable (as this wordy question may even connotate) ?
Last Answer : Um, yeah.
Description : My author's uncertain yet my title's the same, I contain random text yet order's my aim. Read me one day and see my pages are totally bare. Try again another day and the words will be there. ... I become involved in lactic extraction. But that's just a clue , a minor distraction.What am I? -Riddles
Last Answer : A diary.
Description : Which one of the following best describes a project issue? a. A major problem that requires formal escalation. b. A problem that the project manager has to deal with on a day-to-day basis. c. An uncertain event that may or may not occur. d. An opportunity that occurs through change control.
Last Answer : a. A major problem that requires formal escalation.
Description : Identify the products that the customer usually buys frequently and with a minimum of comparison and buying effort. A. Specialty B. Convenience C. Unsought D. Augmented Answer
Last Answer : B. Convenience
Description : Using manufacturer’s representatives or sales branches is usually a characteristic of which of the following channel forms? A. business marketing channels B. customer marketing channels C. service marketing channels D. direct marketing channels
Last Answer : D. direct marketing channels
Description : Through their contacts, experience, specialization, and scale of operation, ______________ usually offer the firm more than it can achieve on its own. A. manufacturers B. producers C. direct marketers D. intermediaries
Last Answer : D. intermediaries
Description : (i) Sale or purchase of goods or services for a certain value to be receivable or payable in the future.
Last Answer : Give the word term or phrase which can substitute each of the following statement : (i) ... services are withdrawn by the proprietor for self-use.
Description : . The first item listed under current liabilities is usually a. accounts payable. b. notes payable. c. salaries payable. d. taxes payable.
Last Answer : b. notes payable.
Description : In context of net operating profit, which of the following statements are true? A. If all costs are variable, the amount of profit obtained in marginal costing and absorption costing will be same. B. If ... same in absorption costing and marginal costing. C. Both a and b D. None of the above
Last Answer : C. Both a and b
Description : Under High and Low Point method, the output at two different levels is compared with the amount of __________ incurred at these two points. A. Total fixed costs B. Total costs C. Total fixed costs D. None of the above
Last Answer : B. Total costs