Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce
Legal Aspects of Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Legal Aspects of Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-2
Each section contains 100 MCQs on
Legal Aspects of Business .
As per Articles of Association of the company the directors can borrow up to Rs. 10,000 without getting approval from the general meeting. The directors have lend Rs. 50,000 to the company without any approval of the general meeting and took debentures. The company would be liable for:
The centre has to offer states a GST Compensation package. What is the validity period of Centre compensation package to states when GST was implemented in 2017 that are to be paid on bimonthly basis to states in case required?
Tax is calculated only on the value-addition at each stage of the transfer of ownership, in case of GST. This helps in reduction of inflation as well. It is basically called reduction of:
