Limited liability partnerships were introduced by which Act of Parliament?
A. Limited Partnership Act, 1907
B. Limited Liability Partnership Act, 2008
C. Partnership Act, 2000
D. Companies Act, 2006
Select an option to see the answer and solution.
The basis of quasi-contractual relation is the
A. existence of a valid contract between the parties
B. existence of a voidable contract between the parties
C. prevention of unjust enrichment at the expenses of others
D. provisions contained in Section 10 of the Contract Act
Select an option to see the answer and solution.
Under which act, partnership of more than 20 persons for common business would be illegal?
A. Indian Companies Act
B. Indian Partnership Act
C. Indian Contract Act
D. Banking companies regulation act
Select an option to see the answer and solution.
At least how many hours before the time of the meeting, a member of a company can appoint, by an instrument in writing a proxy to attend and vote at a meeting in his place?
A. 12 hours
B. 24 hours
C. 48 hours
D. 72 hours
Select an option to see the answer and solution.
In which of the following modes, the contract is discharge?
A. By operation of law
B. By lapse of law
C. By breach of contract
D. All of these
Select an option to see the answer and solution.
Which of the following taxes will be levied on imports of goods and services?
A. CGST
B. SGST
C. IGST
D. Exempt
Select an option to see the answer and solution.
Maximum Managerial Remuneration permissible under the companies Act 1956 for Public Limited Companies:
A. 5% of net Profit
B. 10% of net Profit
C. 11% of net Profit
D. 15% of net Profit
Select an option to see the answer and solution.
When President assent was obtained for central GST?
A. 18th April, 2017
B. 22nd April, 2017
C. 5th April, 2017
D. 12th April, 2017
Select an option to see the answer and solution.
What are the taxes levied on an intra-state supply?
A. CGST
B. SGST
C. IGST
D. CGST and IGST
Select an option to see the answer and solution.
A person who has been granted a license to issue a Digital Signature Certificate, is
A. controller
B. certifying authority
C. licensed authority
D. director general
Select an option to see the answer and solution.
Company Secretary is an agent of
A. Managing Director
B. Shareholders
C. Board of Directors
D. Promoters
Select an option to see the answer and solution.
Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue the seller for:
A. damages for non-delivery
B. damages for non-acceptance
C. specific performance
D. compensation
Select an option to see the answer and solution.
Sec. 2(45) rule, 1988 provided that every company having a paid up share capital of not less than . . . . . . . . must have a whole time secretary.
A. One crore
B. Two crore
C. Four crore
D. Six crore
E. Ten crore
Select an option to see the answer and solution.
Which organisation attends to cyber squatting related cases?
Select an option to see the answer and solution.
Which of the following is not a justified ground of dishonouring of cheque by banker?
A. The cheque is post-dated and presented before the ostensible date
B. The banker had sufficient funds, but the funds are not properly applicable towards the payment of the cheque
C. If the cheque is altered in parts
D. If the cheque is duly presented
Select an option to see the answer and solution.
Where a seller has been paid by cheque and cheque has been dishonoured by bank, seller is called
A. fully paid seller
B. unpaid seller
C. only seller
D. None of these
Select an option to see the answer and solution.
A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment?
A. This payment is a partial discharge of the whole claim
B. This payment is a discharge of the whole claim
C. This payment is not a discharge of the whole claim
D. None of the above
Select an option to see the answer and solution.
Which of the following is NOT a presumption about a negotiable instrument?
A. Date
B. Consideration
C. Stamp
D. Absolute and good title to the transferee
Select an option to see the answer and solution.
What needs to be done before a copyrighted book may be printed?
A. The book must be registered with the copyright office
B. Consent of the copyright owner must be obtained
C. The copyright symbol must be affixed to the book
D. None of the above
Select an option to see the answer and solution.
The essential function of this IPR is to exclusively identify the commercial source or origin of products or services, so this IPR indicates source or serves as a badge of origin. Identify,
A. Patent
B. Geographical Indicator
C. Industrial Design
D. Trademark
Select an option to see the answer and solution.