Foundation PN-1 Fundamentals of Business Laws & Business Communications Quiz 6

Which business communication usage provides a bird’s eye view on a matter?

Which of the following should be avoided in the Group discussion?

Communication among employees at the same level in the organizational structure is called -

Communication that originates at a lower level and flows to a higher level is called -

A Promissory Note must be

When a cheque is payable across the counter of a bank it is called

When an Instrument is drawn conditionally or for a special purpose as a collateral security and not for the purpose of transferring property therein, it is called an

Under Section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made:

If the words “not negotiable” are used with special crossing in a cheque, the cheque is---If the words “not negotiable” are used with special crossing in a cheque, the cheque is---

If an instrument may be construed either as a promissory note or bill of exchange, it is---

A promissory note, bill of exchange or cheque drawn or made in India and made payable in, or drawn upon any person resident in, India is treated as a/an –

How many parties are involved in a Bill of Exchange :

The term “a cheque in the electronic form” is defined in the Negotiable Instruments Act, 1881 - under :

The grace period for payment of a negotiable instrument other than payable on demand is              days/months

A Corporation can be party to a Negotiable Instrument if       

A bill of exchange contains a/an              :

An instrument incomplete in one way or other is called :

                   is not a negotiable instrument as per customs and usage :

Which of these is not a negotiable Instrument as per the Negotiable Instrument Act,1881

The term Negotiable instrument is defined in section    of the Negotiable Instrument Act, 1881

The Negotiable Instruments Act, 1881 came into force on :

The Negotiable Instrument Act is applicable to—

Where a cheque is crossed generally the banker on whom it is drawn :

Who among the following cannot cross a cheque?

Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made :