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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-5 section-9

Each section contains 100 MCQs on Legal Aspects of Business .
41
An unpaid seller may have right(s) against
1. goods
2. buyer
3. government
Which of the following option is true?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
42
The limit of investment in plant and machinery to be classified as a small-scale industry is
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
43
Under the RTI Act, the grounds for a complaint could be
1. being asked to pay an unreasonable amount of fee.
2. being given incomplete or false information.
3. any matter relating to requesting or obtaining access to records.
Select the correct answers
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
44
In case of a Limited Liability Partnership, partners are agents of:
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
45
Under GST, 'value addition' refers to:
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
46
Invention means
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
47
According to Section 80 of Companies Act 1956, a company can not redeem its Preference Shares out of:
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
48
The documents which describes the rules and regulations for internal management of a company is known as
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
49
Zero rated supply includes supplies made:
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
50
If a company develops a new technology that improves its main product, what type of intellectual property can they use to stop others from copying their invention?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board