Choses capable of negotiation are classified as negotiable instruments and include
bills of exchange
postal orders
bills of lading
A bankrupt must disclose his status if he wants to obtain…
a credit of 250 pounds or more
a credit of more than 50 pounds sterling
a credit
If a partner secretly carries on a competing business, he…
will be expelled
must sell that business
must pay to the firm all profits made by him in that business
The secretary of a private company…
must have work experience as a company secretary
need not have any personal qualifications
must be qualified as a chartered secretary, an accountant or a lawyer
A mortgage can be set aside …
if the presumption of undue influence has been rebutted in the Court
can never be set aside
if it has been obtained by undue influence
Employees are entitled to notice which could be a month …
for senior clerical workers
for senior managers
for other managers
The mortgagor may create …
second and subsequent mortgages over the same property
not more than two mortgages over the same property
only one mortgage over the same property