A. No legal formality is required to form a company
B. The shareholders of a company have limited liability
C. A company can own property in its own name
D. A company is managed by the elected representatives of shareholders
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
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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