21
Which of the following should be taken as part of contract of sales?
A)
Transfer of Property
B)
Goods
C)
Price
D)
All of the above
Answer & Solution
Answer: Option
D
22
What should be done to prevent copying of product by copyright protection?
A)
The claimant's product must be represented in an artistic work
B)
Articles made to the design must have marketed
C)
The defendant's product must be a substantial copy of the claimant's product
D)
The claimant's designer must have created the design for the claimant's product in the form of a drawing or a model that is an artistic work
Answer & Solution
Answer: Option
D
23
Which section of the Companies (Amendment) Act, 1988 provides for the punishment for failure to maintain the register of director's shareholdings:
A)
161
B)
303
C)
307
D)
305
Answer & Solution
Answer: Option
C
24
The companies which are formed under special act, are known as:
A)
statutory companies
B)
chartered companies
C)
registered companies
D)
government companies
Answer & Solution
Answer: Option
A
25
Which of the following number of the days, within the incorporation of LLP during which an LLP shall file its agreement with the registrar?
A)
15 days
B)
30 days
C)
45 days
D)
90 days
Answer & Solution
Answer: Option
B
26
Which one of the following duties is a statutory duty of a Company Secretary?
A)
Negotiate with third parties
B)
Keep proper books and registers
C)
Gather information about competitors
D)
Act as a medium of communication
Answer & Solution
Answer: Option
B
27
In India, the GST council has come out with a four-rate structure. They are
A)
5%, 12%, 18% and 24%
B)
5%, 12%, 18% and 26%
C)
5%, 12%, 18% and 28%
D)
5%, 12%, 16% and 28%
Answer & Solution
Answer: Option
C
28
Which of the following definitions is not correct under the terms mentioned under 'discharge by agreement'?
A)
Novation: The substitution of the original or existing contract with the new one
B)
Alteration: It means change in one or more terms of the contract, with the same parties
C)
Rescission: cancellation of a contract
D)
Remission: acceptance of a higher performance
Answer & Solution
Answer: Option
D
A)
tangible property
B)
intellectual property
C)
industrial property
D)
Both B and C
Answer & Solution
Answer: Option
D
30
Minutes of a Meeting must be signed by:
A)
Chairman of the Meeting
B)
Secretary of the Meeting
C)
Chairman and Secretary both
D)
None of the above
Answer & Solution
Answer: Option
C
