T. Y B. COM
SEMESTER - 6
BUSINESS LAW - II
MCQS - March-2015
(1) In which of the following negotiable instrument maker undertakes to pay?
(a) Cheque
(b) Bill of exchange
(c) Promissory Note
(d) None of these
(2) In which of the negotiable instrument no acceptance is required?
(a) Promissory Note
(b) Cheque
(c) Bill of Exchange
(d) Both (a) & (b)
(3) Which of the negotiable instrument may be crossed:
(a) Cheque
(b) Bill of exchange
(c) Promissory Note
(d) None of these
(4) In case of dishonor of cheque due to insufficiency of funds, the term of imprisonment may extend to .............. years.
(a) 3years
(b) 2 years
(c) 4 years
(d) 1 years
(5) With help of ........... Key a subscriber can create a digital signature.
(c) Master Key
(a) Private key
(b) Public key
(d) None of these
(6) Minimum number of persons required to create a partnership is ..............
(a) Ten
(b) One
(c) Two
(d) Seven
(7) Registration of partnership firm is .............
(a) Voluntary
(b) Compulsory
(c) Only if State Govt. direct
(d) None of these
(8) Sleeping partner is also known as ...............
(a) Dormant Partner
(b) Nominal Partner
(c) Actual partner
(d) None of these
(9) There is reservation of at least ............... seat/s for woman in each of the Forum or Commission constituted under the Consumer Protection Act, 1986
(a) One
(b) Two
(c) Three
(d) No Reservation
(10) Member of district forum can hold the office till............. years of age.
(a) 65
(b) 75
(c) 55
(d) 70
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