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.
Company Secretary is an agent of

A. Managing Director

B. Shareholders

C. Board of Directors

D. Promoters

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92.
Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue the seller for:

A. damages for non-delivery

B. damages for non-acceptance

C. specific performance

D. compensation

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93.
Sec. 2(45) rule, 1988 provided that every company having a paid up share capital of not less than . . . . . . . . must have a whole time secretary.

A. One crore

B. Two crore

C. Four crore

D. Six crore

E. Ten crore

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94.
Which organisation attends to cyber squatting related cases?

A. ITO

B. ITA

C. WIPO

D. PCT

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95.
Which of the following is not a justified ground of dishonouring of cheque by banker?

A. The cheque is post-dated and presented before the ostensible date

B. The banker had sufficient funds, but the funds are not properly applicable towards the payment of the cheque

C. If the cheque is altered in parts

D. If the cheque is duly presented

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96.
Where a seller has been paid by cheque and cheque has been dishonoured by bank, seller is called

A. fully paid seller

B. unpaid seller

C. only seller

D. None of these

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97.
A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment?

A. This payment is a partial discharge of the whole claim

B. This payment is a discharge of the whole claim

C. This payment is not a discharge of the whole claim

D. None of the above

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98.
Which of the following is NOT a presumption about a negotiable instrument?

A. Date

B. Consideration

C. Stamp

D. Absolute and good title to the transferee

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99.
What needs to be done before a copyrighted book may be printed?

A. The book must be registered with the copyright office

B. Consent of the copyright owner must be obtained

C. The copyright symbol must be affixed to the book

D. None of the above

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100.
The essential function of this IPR is to exclusively identify the commercial source or origin of products or services, so this IPR indicates source or serves as a badge of origin. Identify,

A. Patent

B. Geographical Indicator

C. Industrial Design

D. Trademark

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

91. Company Secretary is an agent of

Answer & Solution

92. Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue the seller for:

Answer & Solution

93. Sec. 2(45) rule, 1988 provided that every company having a paid up share capital of not less than . . . . . . . . must have a whole time secretary.

Answer & Solution

94. Which organisation attends to cyber squatting related cases?

Answer & Solution

95. Which of the following is not a justified ground of dishonouring of cheque by banker?

Answer & Solution

96. Where a seller has been paid by cheque and cheque has been dishonoured by bank, seller is called

Answer & Solution

97. A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment?

Answer & Solution

98. Which of the following is NOT a presumption about a negotiable instrument?

Answer & Solution

99. What needs to be done before a copyrighted book may be printed?

Answer & Solution

100. The essential function of this IPR is to exclusively identify the commercial source or origin of products or services, so this IPR indicates source or serves as a badge of origin. Identify,

Answer & Solution

Read More Section(Legal Aspects of Business)

91.
Company Secretary is an agent of

92.
Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue the seller for:

93.
Sec. 2(45) rule, 1988 provided that every company having a paid up share capital of not less than . . . . . . . . must have a whole time secretary.

94.
Which organisation attends to cyber squatting related cases?

95.
Which of the following is not a justified ground of dishonouring of cheque by banker?

96.
Where a seller has been paid by cheque and cheque has been dishonoured by bank, seller is called

97.
A owes B Rs. 5,000. C pays to B Rs. 100 and B accepts them, in satisfaction of his claim on A. What is the status of payment?

98.
Which of the following is NOT a presumption about a negotiable instrument?

99.
What needs to be done before a copyrighted book may be printed?

100.
The essential function of this IPR is to exclusively identify the commercial source or origin of products or services, so this IPR indicates source or serves as a badge of origin. Identify,