Discharge – NBC Institute

BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

Question

Which court has the power to order the discharge of a bankrupt?

Answer

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Tags: Bankruptcy, Court Authority, Discharge
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2013

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

Question

A bill can be discharged in any of the following ways EXCEPT by:
A. Payment in due course
B. Physical destruction of the bill
C. Acceptor becoming holder of the bill
D. Renunciation
E. Cancellation

Answer

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Tags: Bills of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: MAY 2014

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

Question

A bill of exchange may be discharged under several circumstances.

Required:
State four circumstances under which a bill of exchange may be discharged.

Answer

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Tags: Bill of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: NOV 2022

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

Question

When every right of action on a bill of exchange has been extinguished, the bill is said to be
A. Nullified
B. Negotiated
C. Discharged
D. Activated
E. Vanquished

Answer

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Tags: Bill of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: NOV 2023

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

Question

A contract which becomes impossible to fulfil because of unforeseen circumstances is said to be discharged by:
A. Frustration
B. Breach
C. Inaction
D. Uncertainty
E. Compromis

Answer

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Tags: Contract, Discharge, Frustration, Impossibility
Level: Level 1

Topic: Law of Contract
Series: NOV 2019

BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

Question

Which court has the power to order the discharge of a bankrupt?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bankruptcy, Court Authority, Discharge
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2013

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

Question

A bill can be discharged in any of the following ways EXCEPT by:
A. Payment in due course
B. Physical destruction of the bill
C. Acceptor becoming holder of the bill
D. Renunciation
E. Cancellation

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bills of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: MAY 2014

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

Question

A bill of exchange may be discharged under several circumstances.

Required:
State four circumstances under which a bill of exchange may be discharged.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bill of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: NOV 2022

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

Question

When every right of action on a bill of exchange has been extinguished, the bill is said to be
A. Nullified
B. Negotiated
C. Discharged
D. Activated
E. Vanquished

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bill of Exchange, Discharge, Negotiable Instruments
Level: Level 1

Topic: Negotiable Instruments
Series: NOV 2023

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

Question

A contract which becomes impossible to fulfil because of unforeseen circumstances is said to be discharged by:
A. Frustration
B. Breach
C. Inaction
D. Uncertainty
E. Compromis

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract, Discharge, Frustration, Impossibility
Level: Level 1

Topic: Law of Contract
Series: NOV 2019

Question Tag: Discharge

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BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

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Question Tag: Discharge

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BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

You're reporting an error for "BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking"

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

You're reporting an error for "BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments"

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

You're reporting an error for "BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments"

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

You're reporting an error for "BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments"

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

You're reporting an error for "BL – Nov 2019 – L1 – SA – Q10 – Law of Contract"

BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking

This question tests the authority of the court regarding the discharge of a bankrupt.

You're reporting an error for "BL – May 2013 – L1 – SA – Q20 – Law Relating to Banking"

BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments

Understanding the various ways a bill can be discharged.

You're reporting an error for "BL – May 2014 – L1 – SA – Q18 – Negotiable Instruments"

BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments

Identifying circumstances under which a bill of exchange may be discharged.

You're reporting an error for "BL – Nov 2022 – L1 – SB – Q1d – Negotiable Instruments"

BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments

This question asks about the condition when a bill of exchange is considered discharged.

You're reporting an error for "BL – Nov 2023 – L1 – SA – Q17 – Negotiable Instruments"

BL – Nov 2019 – L1 – SA – Q10 – Law of Contract

Identify the legal term for a contract discharged due to impossibility.

You're reporting an error for "BL – Nov 2019 – L1 – SA – Q10 – Law of Contract"

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