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-2 section-6
Each section contains 100 MCQs on
Legal Aspects of Business .
Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note?
1. Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act
2. Containing an unconditional undertaking
3. To pay a certain sum of money only to a specific person or the bearer
4. The seller is bound to accept the promissory note
5. A document was written and signed by the payer/maker
In India, which of the following are non-GST goods?
1. Petroleum crude
2. High-speed diesel
3. Motor spirit (commonly known as petrol)
4. Natural gas
5. Aviation turbine fuel
6. Alcoholic liquor for human consumption
If any part of a single consideration for one or more objects, or any one or any part of any one of several consideration of a single object is unlawful, then:
