Question
Which of the following is not treated as 'promissory
note' as per Section 4 of the Negotiable Instrument Act, 1881? A signed the instrument in following termsSolution
Option 3 is not a promissory note as definite sum is not mentioned. According to Section 4, a promissory note is: ·        An instrument (not being bank note or currency note) in writing ·        Containing an unconditional undertaking ·        Signed by the maker ·        To pay a certain sum of money only to or to the order of , a certain person , or to the bearer of the instrument. Ex- I promise to pay B or order Rs 500.
Statement:
I) All monday are Sunday
 II) No sunday is tuesday
III) Some tuesday are thursday
IV) Some thursday are Frida...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Conclusions:
No Maruti is Toyota.
Some Honda are Kia. Â
Statements:
Statements: Â Â Â Â Â All phones are battery.
                            No battery is a network.
  ...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Three statements are given followed by three conclusions numbered I, |I & Ill. Assuming the statements to be true, even if they seem to be at variance ...
Statements:
Only Lift are Stair.
All Ladder are Lift.
No Lift is a Step.
Conclusions:
I. Some Ladder being Stair is n...
Statements: Â Â Â Â Â All counsellors are teachers.
Some teachers are candidates.
All candidates are students.
Conclusions:...
Statements-
1. All phones are wires.
2. All switches are wires.
3. Some wires are poles.
4. Some poles are not phones.
<...In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of...
