Vidyalelo
Commerce · all questions

Legal Aspects of Business
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

1,066

Questions

24/54

Page

Pick an option on a question to see the right answer and solution.

Who is the Chairperson of GST Council?

Select an option to see the answer and solution.

"While inquiring into a complaint, Information commission have the power to"
1. summon and enforce attendance of persons.
2. compel them to give evidence on oath and produce documents or things.
3. require discovery and inspection of documents.
Choose the correct answer

Select an option to see the answer and solution.

A private limited company:

Select an option to see the answer and solution.

The Second Schedule of the RTI Act, 2005 can be amended by

Select an option to see the answer and solution.

Match the following.
List-I (Sections) List-II (Explanation)
a. Section 68 1. Liability of finder of goods
b. Section 69 2. Supply of necessaries to incompetent person
c. Section 70 3. Payment made by interested persons
d. Section 71 4. Compensation for non-gratuitous acts

Select an option to see the answer and solution.

The doctrine of internal management states that

Select an option to see the answer and solution.

The guarantor's right to indemnifications a right to be reimbursed.
Statement I The amount which is actually paid for the principal debtor with interest.
Statement II Because, he is entitled to full indemnification from the principal debtor.

Select an option to see the answer and solution.

A contract containing an undertaking to do an impossible act, is

Select an option to see the answer and solution.

In India, the literary work is protected until

Select an option to see the answer and solution.

Which of the following area is not regulated by Competition Act, 2002?

Select an option to see the answer and solution.

Where seller wrongfully neglects or refuses to deliver goods to buyer, the buyer may sue for

Select an option to see the answer and solution.

"Principle of constructive notice" applies to:

Select an option to see the answer and solution.

'Right to Information' includes the right to obtaining information in the form of

Select an option to see the answer and solution.

Within how many days from the date of registration the first auditor of the company should be appointed?

Select an option to see the answer and solution.

Find out the correct one:

Select an option to see the answer and solution.

Under the Companies Act 1956 'Provision' means retaining profits for:

Select an option to see the answer and solution.

Name of a company can be changed by:
OR
A company can change its name by:

Select an option to see the answer and solution.

Qualification shares' are prescribed for

Select an option to see the answer and solution.

Under GST law, compensation cess is applicable on:

Select an option to see the answer and solution.

The optimum capital structure of a company is planned as per considerations of
(I) Profitability
(II) Solvency
(III) Marketability of shares
(IV) Control

Select an option to see the answer and solution.