[amp_mcq option1=”Mesne profits” option2=”Right to claim insured amount from LIC” option3=”Sum of arrear payable in future” option4=”Right to take share or accounts of a dissolved firm ” correct=”option4″]<\/p>\n
The correct answer is (d). Right to take share or accounts of a dissolved firm is not an actionable claim.<\/p>\n
An actionable claim is a claim that can be enforced in court. In order for a claim to be actionable, it must meet certain requirements, such as being based on a valid legal right and being for a specific amount of money.<\/p>\n
The right to take share or accounts of a dissolved firm does not meet these requirements. A dissolved firm is no longer a legal entity, and therefore its shareholders do not have any legal rights to its assets. Additionally, the amount of money that a shareholder would be entitled to receive from a dissolved firm is uncertain, as it would depend on the value of the firm’s assets.<\/p>\n
Therefore, the right to take share or accounts of a dissolved firm is not an actionable claim.<\/p>\n
(a) Mesne profits are profits that a person makes from the use of another person’s property without the owner’s permission. Mesne profits are actionable claims, as they are based on the legal right to possession of property.<\/p>\n
(b) The right to claim insured amount from LIC is an actionable claim, as it is based on the legal right to insurance coverage.<\/p>\n
(c) Sum of arrear payable in future is an actionable claim, as it is based on the legal right to payment of a debt.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Mesne profits” option2=”Right to claim insured amount from LIC” option3=”Sum of arrear payable in future” option4=”Right to take share or accounts of a dissolved firm ” correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1583","post","type-post","status-publish","format-standard","hentry","category-law","no-featured-image-padding"],"yoast_head":"\n