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

81.
A secretary in a company is appointed by:

A. Directors

B. Shareholders

C. Government

D. Registrar of Companies

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82.
Match the following.

List-I (Sections) List-II (Explanation)

a. Section 3 1. Annual general meeting

b. Section 103 2. Extra-ordinary general meeting

c. Section 96 3. Formation of company

d. Section 100 4. Quorum for meeting

A. a-1, b-2, c-3, d-4

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-4, d-1

D. a-4, b-1, c-2, d-3

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83.
Who is responsible to prove the infringement of registered trademark U/S 29 of Trademarks Act, 1999?

A. Plaintiff

B. Accused

C. Depends on the commercial value of infringement

D. Depends on the legal viability of trademark registration

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84.
Match the following.

List-I List-II

a. Void agreement 1. Subcontracting

b. Form of bid rigging 2. Perfect competition

c. Free entry and exit in the market 3. Agreement having appreciable adverse effect on competition

d. Cartel 4. Horizontal agreement

A. a-3, b-1, c-2, d-4

B. a-1, b-2, c-3, d-4

C. a-4, b-3, c-1, d-2

D. a-2, b-1, c-4, d-3

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85.
The Competition Commission of India was established on:

A. 12^th October, 2005

B. 14^th October, 2005

C. 14^th October, 2003

D. 14^th October, 2014

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86.
Section 2(36) of Companies Act is related to

A. Memorandum

B. Prospectus

C. Articles

D. Incorporation

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87.
Which of the following option/s are not covered under the Negotiable Instruments as per law?

A. Banker's Note

B. Promissory Note

C. Bill of Exchange Cheques

D. All of the Instruments are Negotiable Instruments

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88.
The person who makes a bill of exchange, is called

A. writer

B. drawer

C. maker

D. None of these

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89.
What is the tenure of Chief Information Commissioner?

A. 5 years

B. 3 years

C. 6 years

D. Not fixed

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90.
The company in the shape of winding pays all debts, expenses and costs. The money left is now to be distributed among the following.

A. Shareholders of the company

B. Registrar of company

C. Debtors of company

D. Workers of the company

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1 2 3 4 5 6 7 8 9 10

List-I (Sections)	List-II (Explanation)
a. Section 3	1. Annual general meeting
b. Section 103	2. Extra-ordinary general meeting
c. Section 96	3. Formation of company
d. Section 100	4. Quorum for meeting

List-I	List-II
a. Void agreement	1. Subcontracting
b. Form of bid rigging	2. Perfect competition
c. Free entry and exit in the market	3. Agreement having appreciable adverse effect on competition
d. Cartel	4. Horizontal agreement

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

81. A secretary in a company is appointed by:

Answer & Solution

82. Match the following. List-I (Sections) List-II (Explanation) a. Section 3 1. Annual general meeting b. Section 103 2. Extra-ordinary general meeting c. Section 96 3. Formation of company d. Section 100 4. Quorum for meeting

Answer & Solution

83. Who is responsible to prove the infringement of registered trademark U/S 29 of Trademarks Act, 1999?

Answer & Solution

84. Match the following. List-I List-II a. Void agreement 1. Subcontracting b. Form of bid rigging 2. Perfect competition c. Free entry and exit in the market 3. Agreement having appreciable adverse effect on competition d. Cartel 4. Horizontal agreement

Answer & Solution

85. The Competition Commission of India was established on:

Answer & Solution

86. Section 2(36) of Companies Act is related to

Answer & Solution

87. Which of the following option/s are not covered under the Negotiable Instruments as per law?

Answer & Solution

88. The person who makes a bill of exchange, is called

Answer & Solution

89. What is the tenure of Chief Information Commissioner?

Answer & Solution

90. The company in the shape of winding pays all debts, expenses and costs. The money left is now to be distributed among the following.

Answer & Solution

Read More Section(Legal Aspects of Business)

81.
A secretary in a company is appointed by:

82.
Match the following.

List-I (Sections) List-II (Explanation)

a. Section 3 1. Annual general meeting

b. Section 103 2. Extra-ordinary general meeting

c. Section 96 3. Formation of company

d. Section 100 4. Quorum for meeting

83.
Who is responsible to prove the infringement of registered trademark U/S 29 of Trademarks Act, 1999?

84.
Match the following.

List-I List-II

a. Void agreement 1. Subcontracting

b. Form of bid rigging 2. Perfect competition

c. Free entry and exit in the market 3. Agreement having appreciable adverse effect on competition

d. Cartel 4. Horizontal agreement

85.
The Competition Commission of India was established on:

86.
Section 2(36) of Companies Act is related to

87.
Which of the following option/s are not covered under the Negotiable Instruments as per law?

88.
The person who makes a bill of exchange, is called

89.
What is the tenure of Chief Information Commissioner?

90.
The company in the shape of winding pays all debts, expenses and costs. The money left is now to be distributed among the following.