Doctrine of caveat emptor does not apply, when
A. there is an usage of trade
B. goods have latent defects
C. contract is induced by fraud
D. in all the above situations
Answer: Option D
A. there is an usage of trade
B. goods have latent defects
C. contract is induced by fraud
D. in all the above situations
Answer: Option D
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
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