Section 26 of NI Act Capacity to make, etc., promissory notes, etc.—Every person capable of contracting, according to the law to which he is subject, may bind himself and be bound by the making, drawing, acceptance, indorsement, delivery and negotiation of a promissory note, bill of exchange or cheque. Minor—A minor may draw, indorse, deliver and negotiate such instrument so as to bind all parties except himself. Nothing herein contained shall be deemed to empower a corporation to make, indorse or accept such instruments except in cases in which, under the law for the time being in force, they are so empowered.
Three machines P,Q and R were hired by a company for a month. Machine P runs 18 hours for 15 days, machine Q runs 20 hours for 18 days and machine R run...
‘A’ alone can do some work in 22 days. ‘B’ and ‘C’ together can do the same work in 12 days. If ‘B’ is half as efficient as ‘A’, the...
A man, a woman and a boy can do a work in 3, 2, 6 days respectively. How many children were required with 1 man and 1 woman to complete the same work in...
A, B, and C together can do a piece of work in 28 days, whereas C alone can do the same work in 42 days. How long will A and B take together to finish it?
Vijay can do a piece of work in 16 days and Sanjay can do the same work in 24 days. If Vijay works for 6 days and got Rs. 2700, and the remaining work w...
The day efficiency of Rajeev is equal to the one-day efficiency of Divya and Vivek together. Divya is 25% more efficient than Vivek and starts with 20% ...
If one child has half the work efficiency of an adult, determine the duration required for 8 children to construct a wall, which is 60% as large as the ...
Sudhanshu completes`1/3` of work in 12 days, then he completes the remaining work with the help of Neeraj in 4 days. The time required for Neera...
A can complete 5/6 of a work in 15 days and B can complete 2/3 of work in 8 days. In how many days both A and B together can complete the work?
A can do a job alone in 66 days, B can do it alone in 55 days, while A, B, and C working together can complete the job in 11 days. In how many days can ...