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Foundation PN-1 Fblc Quiz 11

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Created on By CA Sonal SabooCA Sonal Saboo

CMA Foundation

Foundation Law Paper 1 Quiz 11

This quiz is based on the CMA Law paper.
Each question is multiple-choice with 4 options, and only 1 option is correct.
Attempt the quiz to test your understanding of CMA law concepts.

1 / 40

Category: Business Laws Paper 1

Which of the following is an example of actual delivery?

2 / 40

Category: Business Laws Paper 1

What right does Section 41 of the Sale of Goods Act give to the buyer?

3 / 40

Category: Business Laws Paper 1

How can a negotiable instrument be transferred?

4 / 40

Category: Business Laws Paper 1

What does “ad infinitum transfer” of a negotiable instrument mean?

5 / 40

Category: Business Laws Paper 1

A bill drawn, accepted, or endorsed without consideration is known as:

6 / 40

Category: Business Laws Paper 1

Which of the following is essential for a general crossing of a cheque?

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Category: Business Laws Paper 1

A cheque is said to be specially crossed when:

8 / 40

Category: Business Laws Paper 1

Which of the following is true regarding special crossing?

9 / 40

Category: Business Laws Paper 1

Who is allowed to perform a double crossing?

10 / 40

Category: Business Laws Paper 1

A cheque is dishonoured when:

11 / 40

Category: Business Laws Paper 1

The Cheque Return Memo contains:

12 / 40

Category: Business Laws Paper 1

How does crossing a cheque help prevent fraud?

13 / 40

Category: Business Laws Paper 1

Which of the following is a condition for a payment to be considered “in due course”?

14 / 40

Category: Business Laws Paper 1

When does truncation of a cheque occur?

15 / 40

Category: Business Laws Paper 1

To whom is the payment in a promissory note made?

16 / 40

Category: Business Laws Paper 1

A debate is usually based on:

17 / 40

Category: Business Laws Paper 1

What is essential for the speaker to avoid miscommunication?

18 / 40

Category: Business Laws Paper 1

Courteous communication helps in:

19 / 40

Category: Business Laws Paper 1

Effective communication with customers helps a business by:

20 / 40

Category: Business Laws Paper 1

Building trust among stakeholders and developing company reputation is mainly part of:

21 / 40

Category: Business Laws Paper 1

One of the primary reasons businesses write and draft messages is to:

22 / 40

Category: Business Laws Paper 1

A seller sends a letter providing details about price, quality, and terms of sale after receiving an enquiry. This is known as:

23 / 40

Category: Business Laws Paper 1

Which of the following is considered good telephone etiquette?

24 / 40

Category: Business Laws Paper 1

Reports that are based on research conducted on a particular problem are known as:

25 / 40

Category: Business Laws Paper 1

Which type of report presents only facts about an activity without any note or suggestions?

26 / 40

Category: Business Laws Paper 1

Advertising through newspapers, magazines, and brochures is called:

27 / 40

Category: Business Laws Paper 1

In which stage do members view the differences in culture as negative and believe their own culture is superior?

28 / 40

Category: Business Laws Paper 1

During the Denial stage, what is the main challenge faced by members?

29 / 40

Category: Business Laws Paper 1

Who proposed the six stages of Intercultural Sensitivity?

30 / 40

Category: Business Laws Paper 1

Physical barriers in communication are mainly created due to:

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Category: Business Laws Paper 1

How does proper division of labor help organizational communication?

32 / 40

Category: Business Laws Paper 1

Why is feedback important in business communication?

33 / 40

Category: Business Laws Paper 1

Why is it important to avoid beating around the bush in communication?

34 / 40

Category: Business Laws Paper 1

In marketing communications, what must the salesperson be careful about?

35 / 40

Category: Business Laws Paper 1

Which form of written communication presents the actual financial status of a company?

36 / 40

Category: Business Laws Paper 1

What is the primary purpose of a product disclaimer?

37 / 40

Category: Business Laws Paper 1

A bill of exchange without any documents relating to goods attached is called:

38 / 40

Category: Business Laws Paper 1

An Escrow Instrument is:

39 / 40

Category: Business Laws Paper 1

An instrument that is incomplete in some respect is called:

40 / 40

Category: Business Laws Paper 1

The promise to pay in a promissory note must be:

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