Legal Aspects of Business MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11

91.
Rules can be made by appropriate governments or competent authorities by notifying the rules

A. In the official gazette

B. By publishing them on the website of the appropriate government

C. By publishing them on the websites of Information Commissions-as applicable

D. None of the above

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92.
Which of the following will qualify for a copyright?

A. New song tune hummed by a musician

B. New song words told to a musician

C. New song tune tweaked by a musician

D. New song recorded by a musician

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93.
Which of the following is an intra-state supply?

A. Supplier of goods located in Nagpur and place of supply of goods SEZ located in Mumbai

B. Supplier of good located in Kolkata and place of supply of goods in Bengaluru

C. Supplier of goods located in Goa and place of supply of goods in Goa

D. All of the above

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94.
Miller-Orr model is used in the management of

A. Inventory

B. Leverage

C. Receivables

D. Cash

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95.
Compensation to states under GST (Compensation to States) Act, 2017 is paid by:

A. Central Government from consolidated fund of India

B. Central Government from GST compensation fund of India

C. Central Government directly from the collection of compensation cess

D. GST Council under Constitution of India

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96.
An agreement created by words spoken or written, is called:

A. Express agreement

B. Execute agreement

C. Implied agreement

D. Voidable agreement

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97.
Which section of the Trademarks Act, illustrates refusal of trademark registration?

A. Section 8

B. Section 9

C. Section 10

D. Section 11

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98.
Publickey is used to

A. Sign digitally

B. Verify the sign

C. Verify the documents

D. Nake payment

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99.
The judgement in the case of Foss Vs. Harbottle lays down the following principle:

A. Doctrine of Constructive Notice

B. Rule of Majority

C. Doctrine of Indoor Management

D. Doctrine of Ultra Vires

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100.
Which of the following statements are true in context of a company under Company Act, 2013?
1. A company can become a member of another company
2. Member's voluntary winding up takes place when the company is insolvent
3. Only board of director can convene Extraordinary General Meeting

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. 1, 2 and 3

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Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce

91. Rules can be made by appropriate governments or competent authorities by notifying the rules

Answer & Solution

92. Which of the following will qualify for a copyright?

Answer & Solution

93. Which of the following is an intra-state supply?

Answer & Solution

94. Miller-Orr model is used in the management of

Answer & Solution

95. Compensation to states under GST (Compensation to States) Act, 2017 is paid by:

Answer & Solution

96. An agreement created by words spoken or written, is called:

Answer & Solution

97. Which section of the Trademarks Act, illustrates refusal of trademark registration?

Answer & Solution

98. Publickey is used to

Answer & Solution

99. The judgement in the case of Foss Vs. Harbottle lays down the following principle:

Answer & Solution

100. Which of the following statements are true in context of a company under Company Act, 2013? 1. A company can become a member of another company 2. Member's voluntary winding up takes place when the company is insolvent 3. Only board of director can convene Extraordinary General Meeting

Answer & Solution

Read More Section(Legal Aspects of Business)

91.
Rules can be made by appropriate governments or competent authorities by notifying the rules

92.
Which of the following will qualify for a copyright?

93.
Which of the following is an intra-state supply?

94.
Miller-Orr model is used in the management of

95.
Compensation to states under GST (Compensation to States) Act, 2017 is paid by:

96.
An agreement created by words spoken or written, is called:

97.
Which section of the Trademarks Act, illustrates refusal of trademark registration?

98.
Publickey is used to

99.
The judgement in the case of Foss Vs. Harbottle lays down the following principle:

100.
Which of the following statements are true in context of a company under Company Act, 2013?
1. A company can become a member of another company
2. Member's voluntary winding up takes place when the company is insolvent
3. Only board of director can convene Extraordinary General Meeting