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Commerce · all questions

Legal Aspects of Business
practice.

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Which of the following is NOT a usual feature of a Company?

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X owes Rs. 10,000 to Y under a contract. It is agreed between X, Y, and Z that Y shall hence forth accept Z as his debtor instead of X for the same amount. Old debt of X is discharged and a new debt from Z to Y is contracted. This is:

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What are the limits of number of members in a Private Company?

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ABC is a government company and B company is a subsidiary of ABC. Then X company will be a:

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When a party makes material alternations in an instrument, then instrument is

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Outsiders dealing with the company in good faith have a right to presume that the company has duly completed all the formalities. This is known as principle of:

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Which is not true about Input Tax Credit in GST?

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How could a Public Information Officer receive applications?
1. Those submitted by a requesters in hand.
2. Those sent by an applicant by email.
3. Transferred by another public authority.
4. Forwarded by an Assistant Public Information Officer.
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Prior art includes:

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Limited liability partnership is the combination of
1. partnership
2. joint Stock company
3. public and Company
4. private Company
5. conventional partnership
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Taxes that are levied on any Intra-State purchase is/are:

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Goods which are used or intended to be used in the course or furtherance of business are:

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As per the IT Act, what is the maximum penalty for damage to computer, computer systems, unauthorised access, download of data, infecting with virus, denial of access etc.

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Dividends are calculated on the basis of:

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If the guarantee company having share capital, the liability of shareholders will be up to:

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According to Section 165 of Companies Act, 2013, a person can be director in not more than:

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Which of the following is a right of unpaid seller against buyer?

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Under the Indian Contract Act, a third person:

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Which of the following statements are true in context of companies?
1. A fixed charge becomes floating charge when a company goes into liquidation.
2. Only one director can be appointed as a Managing Director.
3. Share can be converted to stock but stock cannot be converted to share.

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Competition Act, 2002, bill got presidential assent in

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