KKPSC Most Important Lecturer Commerce Online Test No. 63

Leave a Comment / By Hassan / April 20, 2022

Online Free Taleem is free online MCQ’s test related to Lecturer Commerce. All the individuals who are going to appear in PPSC, FPSC, KKPSC, SPSC, BPSC, AJ&KPSC, NTS, Lecturer Commerce written test can attempt these tests in order to prepare for it in best possible way. Our tests of Lecturer of Commerce include all the important questions and Past Paper of Lecturer Commerce, that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START Button to Take this Commerce Test Online.

Test Instructions:-
Test Name	Lecturer Commerce
Subject	Commerce Test 63
Test Type	MCQs
Total Questions	25
Total Time	20 Minutes
Total Marks	100

You have 20 minutes to pass to the quiz.

Lecturer Commerce Online Test No. 63

1 / 25

A bill is negotiate by means of a forged endorsement. A person claiming under the endorsement for value and in good faith.

Acquires a good title to it.

Acquires the right of a holder in due course

Does not acquire the rights of a holder in due course

None of these

2 / 25

A bill which is not expressed to be on demand is.

Entitled to 3 days of grace

Not entitled to any days of grace.

Entitle to 2 days of grace.

Entitled to 5 days of grace.

3 / 25

A promise to pay is conditional if:

It depends upon an event which is certain to happen.

The promise is to pay on X's death if he leaves the maker enough to pay

It is to pay on demand

It is to pay after a certain period.

4 / 25

If a document contains a conditional promise to pay, it is.

A promissory note

Not a promissory note

A bill of exchange

A conditional promissory note

5 / 25

In a negotiable instrument, as between immediate parties, the defendant by taking plea of absence of consideration.

Can avoid liability

Cannot avoid liability

Can reduce his liability

None of the above

6 / 25

A promissory note and a cheque are dishonored by.

Non-payment only

By non-acceptance only

By non-acceptance or non-payment

By either non-acceptance or non-Payment

7 / 25

If a promissory note falls due on 15th August which is a public holiday, it is deemed to be due on.

14th August

15th August

18th August

None of these

8 / 25

The omission to get an instrument note:

Does not affect the rights of the holder thereon

Affects his rights

Partially affects his rights.

Affects the rights of prior parties

9 / 25

Where the acceptance of a bill does not express for whose honour it is made, it is deemed to be made for the honour of the

Drawer

holder

maker

None of these

10 / 25

A bill of exchange cannot be:

endorsed

crossed

Accepted

Transferred

11 / 25

Where a bill is dishonored by non-acceptance, presentment for payment.

Is necessary

Is not necessary

Is optional

May or may not be made

12 / 25

Where a cheque bears across its face an addition of the name of a banker the crossing is.

General

Special

Not negotiable

Restrictive

13 / 25

If the signatures of the maker on a negotiable instrument are forged, a person acquiring it in good faith.

Acquires a good title to it.

Does not acquire a good title to it

Acquires a better title

None of the above

14 / 25

A holder negotiates a bill or note payable to bearer by mere delivery to a bona fide transferee for value. The latter.

Acquires a good title to it

Does to acquire a good title to it

Acquires no title to it at all

Acquires a conditional title

15 / 25

The liability of the maker of a foreign bill is determined by the law of the place.

Where it has been made

Of the payee

Of the endorse

Of the drawer is case of need

16 / 25

In a promissory note, a minor can be.

A maker

A payee

An acceptor

A drawer

17 / 25

In the case of an inland bill or promissory note, notice of dishonor is:

Compulsory

Not compulsory

Optional

Voluntary

18 / 25

If a person takes qualified acceptance he:

Discharges all the parties prior to himself

Does not discharge any party prior to himself

Discharges only some of the parties

Discharges the instruments

19 / 25

The liability of the acceptor of a bill is determined by the place where it has been.

Drawn

Indorsed

Made payable

None of these

20 / 25

If a finder obtains payment on a lost bill, the person who pays it in due course

Gets a valid discharge for it

Does not get a valid discharge for it

Continues to be liable to the holder who lost the bill

Is liable to all prior parties

21 / 25

A letter of introduction given to the holder by some prior party to a hundi to be used by him in case the hundi is not accepted is called.

Nam jog hundi

Zickri chit

Jokhmi hundi

Jawabee hudi

22 / 25

An acceptor of a bill used by a holder in due course pleads that the payee is a minor. This plea is .

valid

Not valid

Unlawful

Conditional

23 / 25

A negotiable instrument payable to bearer is said to be negotiated to a party when it is .

Delivered to that party

Indorsed and delivered to the party

Stolen by that party

Forcibly taken by that party

24 / 25

If any of the signatures on a negotiable instrument are forged, a person acting in good faith.

Acquires a good title to it

Does not acquire any title to it

Does not acquire a good title to it

None of the above

25 / 25

A hundi is payable to or to the order of a specified person named in the hundi.

Shah jog hundi

Nam jog hundi

Zickri chít

Jawabee hundi

Your score is

The average score is 0%

KKPSC Most Important Lecturer Commerce Online Test No. 63

Related

Leave a Comment Cancel Reply

Related

Popular Posts

Leave a Comment Cancel Reply