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Commerce Legal Aspects Of Business Difficulty: Medium

Cross demand is the change in the quantity demanded of a given commodity in response to the Bank rate is the rate Revaluation reserves are considered as a discount, while determining their value for inclusion in Tier II capital. What is that discount? Which of the following statistical measures is based on all observations? Which of the following is/are false about Dishonour of Cheque? 1. Section 138 defines Dishonour of cheque in terms of issues such as insufficiency of funds in the account. 2. Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier. 3. Imprisonment for such offence may be extended for period of five year. 4. Section 138 apply unless - the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.