Question
A person who receives a negotiable instrument in good
faith for valuable consideration is known asSolution
Under Section 9, “Holder in due course”.—“Holder in due course” means any person who for consideration became the possessor of a promissory note, bill of exchange or cheque if payable to bearer, or the payee or indorsee thereof, if 1[payable to order,] before the amount mentioned in it became payable, and without having sufficient cause to believe that any defect existed in the title of the person from whom he derived his title.
Quantity I: The distance a truck travels from point P to point Q, given that a bike covers the same distance in 2 hours. The tru...
A pipe can fill a tank in 6 hours, while another pipe can empty it in 8 hours. If both pipes are opened together, how long will it take to fill the tank?
A triangle has sides 7 cm, 24 cm, and 25 cm. A circle is inscribed in the triangle. What is the area of the triangle not covered by the circle?
A man buys 200 shares of face value ₹100 each at ₹120 per share. The company declares a dividend of 15%. Find the rate of return on his investment.
Two poles are 30 meters and 50 meters high, and the distance between their bases is 20√3 meters. Find the angle of elevation of the top of the taller ...
120 litres of mixture contains water and milk in the ratio 5:6 respectively. If 32 litres of the mixture is replaced by same quantity of water, then fin...
Simplify the given expression:
6 × 6 ÷ 6 of 6 × 60% of 600
An investor deposits ₹50,000 in a bank that offers a simple interest rate of 8% per annum. How much interest will the investor earn after 3 years, and...
A solid cylinder has a radius of 3 cm and a height of 10 cm. If it is melted and recast into a cone with a base radius of 3 cm, what will be the height ...
Solve: 2(x+3) = 8(x–1)
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