When is the communication of a proposal complete?
A. When it comes to the knowledge of the person to whom it is made
B. Only when the proposal, acceptance or revocation of the proposal is recorded in writing
C. When the other party gives his assentor dissent to the proposal
D. Only when a clear verbal communication of such proposal is made
Answer: Option A
This Question Belongs to Commerce >> 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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