MGT611 GDB Spring 2019 Solution & Discussion

[+ M.Tariq Malik]

MGT611 GDB Spring 2019 Solution & Discussion

[+ M.Tariq Malik]

Please Discuss here about this GDB.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>

Discussed & be touched with this discussion. After discussion a perfect solution will come in a result at the end.

 

“How to Join Subject Study Groups & Get Helping Material”

 

P.S:    Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”

 

Share below link with friends for solution & Discussion. A Single link for help in your education.

http://bit.ly/vucodes

 

Site Overview | Assignment Solutions | Past Papers |Site Features

[hassan habib]

solution nedeed

[+ M.Tariq Malik]

MGT611 - Business & Labor Law Due date Monday, July 29, 2019

Based on the provisions of Negotiable Instruments Act, 1881 briefly explain whether the following are promissory notes or not.

1. On demand, I promise to pay Sonu or order Rs. 5,000, for value received.
2. I promise to pay Adil or order Rs. 5,000 and 500 shares of Sigma Limited.
3. I promise to pay Mahi or order Rs. 5,000 with interest calculated at quarterly rests.
4. I promise to pay you or your successors on demand Rs. 10,000.
5. I am liable to pay Ahmad Rs. 5,000.

Important Instructions:

• Your discussion must be based on logical aspects of the requirements of the topic with proper justification.
• Use the font style “Times New Roman” and font size “12”.
• Your answer should be relevant to the topic i.e. clear and concise.
• Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.

[+ M.Tariq Malik]

#MGT611 GDB Idea Sol 2019

1. Valid 
2. Valid
3. Not a valid promissory note
4. Valid
5. Not a valid promissory note (just a promise)

#3 not 100% confirm.

[+ M.Tariq Malik]

On demand, I promise to pay Sonu or order Rs. 5,000, for value received.
Answer: This is a valid promissory note.
I promise to pay Adil or order Rs. 5,000 and 500 shares of Sigma Limited.
Answer: This is a valid promissory note.
I promise to pay Mahi or order Rs. 5,000 with interest calculated at quarterly rests.
Answer: This is non-promissory note.
I promise to pay you or your successors on demand Rs. 10,000.
Answer: This is a valid promissory note.
I am liable to pay Ahmad Rs. 5,000.
Answer: This is not a promissory note because this is just a simple promise.