Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce
Legal Aspects of Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Legal Aspects of Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-1 section-5
Each section contains 100 MCQs on
Legal Aspects of Business .
As per Section 2(H), public authority means any authority or body or institution of self-government established or constituted
1. by or under the Constitution.
2. by any other law made by Parliament.
3. by any other law made by State Legislature.
4. by notification issued or order made by the appropriate government.
Choose the correct answer
Under section 118 of the Negotiable Instruments Act, 1881, it is presumed, until the contrary is proved, that every transfer of a negotiable instrument was made:
