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Commerce · all questions

Legal Aspects of Business
practice.

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A subsidiary of a government company is also treated as a:

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What as per the Competition Act, 2002, refers to the sale of goods or provision of services, at a price which is below the cost to eliminate the competitors?

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The power of the company to borrow is exercised by its

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What element does trademark law protects?

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Partner of LLP is personally liable in case of:

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Top level management includes

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The life of joint stock company is affected by

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Which of the following type of tax Goods and Service Tax is

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The minutes book can be inspected by the

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Which of the following is not a determinant of dividend policy?

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Consider the following statements:
Assertion (A): The number of members in a company is 20 and hence the company is a private company.
Reason (R): According to the Companies Act, 1956 a private company is one, the number of members of which does not exceed 50.

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Tribunal may appoint the official liquidator to be the liquidator provisionally at any time:

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A offers to sell B his car for Rs. 2,00,000. C standing nearby says, "I will take it if B does not take it." B is not interested in the car. What will be the position if C says to A, "here is the money, I take the car."

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Which of the following is/are true in the context of quasi-contract?
1. There is no real contract in existence.
2. There is no offer and acceptance.
3. There is no intention to create contract.
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Within how much period from the closing of accounting year, bonus must be paid, if there is no dispute about the payment of bonus?

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LLP shall file its LLP agreement with the registrar within of its incorporation.

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Sub-section (1) of section 100 empowers the board of directors to call extraordinary general meeting as and when it is deemed necessary. Which of the following is authorized to convene extra-ordinary general meeting?

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Which of the following fact/s is/are true about Patent Cooperation Treaty (PCT)?

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Any document, filed with the Registrar, will be deemed to have been read and understood by all those who deal with the company. It is as per the doctrine of:

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Which of the following statement is/are correct
1. It is mandatory to register the company
2. The liability of the members in the company is unlimited
3. The shares of the company can be transferred
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