MGT611 Quiz 3 by Iqra Azhar

MGT611 · Quiz No.3 Jan2026 · VU Zone | Iqra Azhar Official · Our Services

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90% To 100% Marks

Q1. All of the following are the powers of trustee, EXCEPT:

•  To use trust property for any purpose
•  To give receipt
•  To apply property for the benefit of the minor
•  To sell trust property

Q2. Which of the following is true about the essentials of valid acceptance of a bill of exchange?

•  All of the given options Correct Answer
•  It must be in writing
•  It must be signed by drawee or his agent
•  The acceptance must appear on the bill

Q3. Which of the following is not an example of property as per Transfer of Property Act, 1882?

•  Right of a company to call up shares
•  Uncalled share capital of a company
•  Copyright
•  Rights relating to physical objects