Which of the following should be taken as part of contract of sales?
A. Transfer of Property
B. Goods
C. Price
D. All of the above
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What should be done to prevent copying of product by copyright protection?
A. The claimant's product must be represented in an artistic work
B. Articles made to the design must have marketed
C. The defendant's product must be a substantial copy of the claimant's product
D. The claimant's designer must have created the design for the claimant's product in the form of a drawing or a model that is an artistic work
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Which section of the Companies (Amendment) Act, 1988 provides for the punishment for failure to maintain the register of director's shareholdings:
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The companies which are formed under special act, are known as:
A. statutory companies
B. chartered companies
C. registered companies
D. government companies
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Which of the following number of the days, within the incorporation of LLP during which an LLP shall file its agreement with the registrar?
A. 15 days
B. 30 days
C. 45 days
D. 90 days
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Which one of the following duties is a statutory duty of a Company Secretary?
A. Negotiate with third parties
B. Keep proper books and registers
C. Gather information about competitors
D. Act as a medium of communication
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In India, the GST council has come out with a four-rate structure. They are
A. 5%, 12%, 18% and 24%
B. 5%, 12%, 18% and 26%
C. 5%, 12%, 18% and 28%
D. 5%, 12%, 16% and 28%
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Which of the following definitions is not correct under the terms mentioned under 'discharge by agreement'?
A. Novation: The substitution of the original or existing contract with the new one
B. Alteration: It means change in one or more terms of the contract, with the same parties
C. Rescission: cancellation of a contract
D. Remission: acceptance of a higher performance
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Patent is a form of
A. tangible property
B. intellectual property
C. industrial property
D. Both B and C
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Minutes of a Meeting must be signed by:
A. Chairman of the Meeting
B. Secretary of the Meeting
C. Chairman and Secretary both
D. None of the above
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Which of the following expression is used in the Indian Contract Act in the part dealing with quasi-contracts?
A. Quasi contractual obligations
B. Certain relations of quasi contractual obligations
C. Certain relations resembling those created by contract
D. Obligations in the absence of actual contract
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Which one of the following is not correct relating to competition policy a law?
A. Collusion and dominance have prudential for unfair competition
B. The appeal against decisions of competition commission of India can be mead to the competition appellate tribunal
C. State monopolies, governments business policies and functioning of regulatory authorities cannot be scrutinised under this law
D. Abuse of dominance rather than dominance should be the key for competition policy law
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Which of the following tax is not subsumed in GST?
A. VAT
B. Stamp Duty
C. Entry Tax
D. Entertainment Tax
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Which section of IT Act deals with Child pornography
A. Section 67D
B. Section 67F
C. Section 67C
D. Section 67B
Select an option to see the answer and solution.
Assume that a bollywood actor sets up his own company to sell his own range of clothes in India. What type of intellectual property should he use to show the originality of the products?
A. Geographical indications
B. Patents
C. Registered designs
D. Trademarks
Select an option to see the answer and solution.
In which of the following ways Secretary of a Company can be removed from his office?
A. By a resolution passed in the meeting of the Board of Directors
B. By an order of the Registrar of Companies
C. By a resolution passed in the Annual General Meeting
D. None of the above
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Negotiable Instruments (Amendment) Bill, 2017 inserted a provision allowing a court trying an offence related to cheque bouncing, to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. The interim compensation will not exceed which of the following percentage of the cheque amount?
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IGST tax levy means
A. within state
B. between two states
C. between two countries
D. None of these
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The officer designated by the public authorities in all administrative units or offices under it to provide information to the citizens requesting for information under the Right to Information Act, 2005 are called:
A. Appellate Authority
B. Chief Information Commissioner (CIC)
C. Public Information Officer (PIO)
D. Assistant Public Information Office
Select an option to see the answer and solution.
In case there is a contract for sale of goods by sample and description, it is necessary that:
A. the bulk of goods shall correspond with sample while it is not necessary that the bulk of goods shall correspond with the description
B. the bulk of goods shall correspondent with the description and it is not necessary that the bulk of goods correspond with the sample
C. the bulk of goods shall correspond with the sample as well as description
D. variation of the bulk of goods with the sample and description of goods is only to be treated as a breach of warranty
Select an option to see the answer and solution.