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

A. there is a delay in presenting the cheque

B. there is a material alternation in instrument

C. payment is made

D. All of the above

A. He does not file annual return with the Registrar of Companies in time

B. He implements a wrong decision of the Board of Directors

C. He fails to keep proper Minutes of the meetings of the Board of Directors

D. He fails to call the Statutory Meeting within the presecribed time limit

A. 12

B. 15

C. 18

D. 6

A. Competition Commission of India

B. Cricket Council of India

C. Contract Commission of India

D. Container Corporation of India

A. 2, 1, 3, 4

B. 1, 2, 3, 4

C. 3, 1, 4, 2

D. 3, 2, 1, 4

A. Goods and/or services

B. Goods imported

C. GST Compensation Cess payable on reverse charge basis

D. All of the above

A. 4 directors

B. 3 directors

C. 2 directors

D. 1 director

A. a private company

B. a public company

C. both A and B

D. none of the above

A. 10

B. 30

C. 15

D. 25

A. The person should not be of sound mind

B. The person should be a major, according to the law to which the agent is subject

C. The person should be a major, according to the law to which he is subject and should also be of sound mind

D. The person should have executed a contract of indemnity before employing an agent