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-8 section-2
Each section contains 100 MCQs on
Legal Aspects of Business .
Statement I It is a pre-condition of right of stoppage in transit that seller must have parted with possession of goods. Statement II Unpaid seller can exercise his rights of resale when goods are in his possession. Statement III Where property in goods has been passed to the buyer, seller can file a suit against buyer for recovery of price.
Which of the above statement(s) is/are true?
Arrange the following in order of their manifestations:
1. Offer
2. Acceptance
3. Breach of contract
4. Contract
Choose the correct option from the following: