2. Negotiable instrument is a myth? 3. The unpaid seller is the most sought after person by the lawyers. 4. The registration of a company is like issuing a birth certificate for a human being. 5. The sources of income of a public limited company depend upon ingenuity of its directors. 6. The prospectus of a company can be compared to the horoscope of Indian bride. 7. The consumer is a king but in reality, is treated as worse than as a slave. (In this case Restricated trade practices act, unfair trade practices, Consumer protection act need to be considered.) 8. Winding up of a company depends upon the performance of the company – the three methods of winding of a company.