Question and answer
(13) If a company fails to pay its debts suit can be filed against the- - Options a) Directors b)Members c) Officers d)Company
If a company fails to pay its debts, suit can be filed against the company.
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Asked 5/4/2014 9:25:52 AM
Updated 1/10/2017 5:47:17 PM
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If a company fails to pay its debts, suit can be filed against the company.

Added 1/10/2017 5:47:17 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [1/10/2017 5:54:19 PM]
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Questions asked by the same visitor
(9) If the goods have perished, the contract of sale of such specific goods, will become- - Options a)voidable b)void c)illegal d) None of these
Question
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Updated 5/4/2014 10:00:05 AM
2 Answers/Comments

If the goods have perished, the contract of sale of such specific goods, will become VOID.

Added 5/4/2014 10:00:05 AM
This answer has been confirmed as correct and helpful.
(18) A bailment cannot be made about- - Options Car Furniture Money Television
Question
Updated 5/4/2014 9:48:43 AM
1 Answer/Comment

A bailment cannot be made about MONEY.

Added 5/4/2014 9:48:43 AM
This answer has been confirmed as correct and helpful.
(27) Surety’s liability is- - Options a) Primary b)Secondary c) Absolute d) None of these
Question
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Updated 8/22/2016 1:40:27 AM
1 Answer/Comment
Surety’s liability is secondary.
Added 8/22/2016 1:40:27 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/22/2016 3:06:46 AM]
(17) When, before the contract becomes due for performance, the promisor declares his intention of not performing his promise, it is called- - Options Remission Waiver Alteration Anticipatory breach Ans Remission
Question
Updated 5/4/2014 9:54:36 AM
1 Answer/Comment

When, before the contract becomes due for performance, the promisor declares his intention of not performing his promise, it is called ANTICIPATORY BREACH.

Added 5/4/2014 9:54:36 AM
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(16) A prospectus is issued- - Options By a Private LImited Company By a Public Limited Company By a Company limited by Guarantee None of these
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Updated 2/7/2016 3:28:15 PM
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A prospectus is issued: by a public limited company.
Added 2/7/2016 3:28:15 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [2/7/2016 7:24:19 PM]
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