If a cheque is refused by the State Bank of India (SBI) due to inadequacy of funds for the cheque to clear, then it is said to be

Related MCQs

• If the words "not negotiable" are used with special crossing in a cheque, the cheque is
• Cheque is a
• Crossing of a cheque effects the
• Consent is not said to be free when it is caused by
• When one party is in a position to dominate the will of another and uses his superior position to obtain the consent of a weaker party, the consent is said to be obtained by;
• When the offeree offers to qualified acceptance of the offer subject to modifications and variations he is said to have made a
• When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as:
• The special damages ie, the damages which arise due to so a special or unusual circumstances
• As per Section 20, the contract is void, on account of bilateral mistake of fact. But as per Section 22, if there is mistake of only one party, then the contract is;
• When after the formation of a valid contract, an event happens which makes the performance of contract impossible then the contract becomes