Business Law - Business Law Section 1

Avatto > > Company Secretary Executive Entrance Test > > PRACTICE QUESTIONS > > Business Environment And Law > > Business Law > > Business Law Section 1

1. Which the following strikes only at the document and not transactions?

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Option : B
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2. A stipulation in a bond for payment of compound interest on failure to pay simple interest at the same rate as was payable upon the principal is not a penalty within the meaning of:

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Option : A
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3. A sub-bailee is a person to whom the actual possession of goods is transferred by someone:

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Option : C
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4. A successful plaintiff in an action for detinue, is, therefore entitled to the return of the goods or recovery of its value and damages for detention and is entitled to have been assessed separately:

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Option : C
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5. A supplies B, a lunatic, with necessaries suitable to his condition in life.

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Option : A
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Business Law Section 1

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