An exception to “No one can transfer what he does not have” is:
A. Registered gift
B. Will
C. Estoppels by owner
D. None of these
Mercantile Law Mcqs
Prepare for competitive exams with Mercantile Law MCQs, covering key topics like contracts, company law, partnerships, trade practices, and more. Ideal for CSS, FPSC, PPSC, SPSC, KKPSC, and BPSC exam preparation.
Valid presentation of a cheque is within six months from:
A. The date it is drawn
B. Date of last correction
C. Date of delivery
D. None of these
The maker of a promissory note is liable as:
A. Principal debtor
B. Principal Creditor
C. Undercharged surety
D. None of these
Suit by unregistered firm against third party is:
A. Maintainable
B. Barred
C. Permissible
D. None of these
Nature of misconduct justifying removal of arbitrator should be:
A. Legal
B. Moral
C. Procedural
D. None of these
The assent of arbitrator appointed by court is:
A. Optional
B Not required
C. Necessary
D. None of these
In which of the following an arbitration agreement is not discharged by the death of party:
A. Voluntary
B. Statutory
C. Contractual
D. None of these
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