A proposal cannot be revoked in Indian Contract by:
A. the communication of notice of revocation by the proposer to the other party
B. the failure of the acceptor to fulfil a condition precedent to acceptance
C. the lapse of the time prescribed in such proposal for its acceptance
D. an act involving moral turpitude of the proposer, whether related to the proposal or otherwise
Answer: Option D
This Question Belongs to Commerce >> Legal Aspects Of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
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