The agency extends to receiving notice on behalf of whatever in material to be stated in the course of the proceedings. For this rule to operate
1. The agent must be under a duty to communicate.
2. The information must be material.
3. It must have been obtained in the course of business for which the agent has been engaged.
4. The agent is not privy to a fraud on the principal.
A. Statement 1 and 2 are true
B. Statement 2 and 4 are true
C. Statement 3 and 4 are true
D. All statements are true
Answer: Option C
Related Questions on Legal Aspects of Business
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
A. Proposal
B. Promise
C. Contract
D. None of these
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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