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

A. Transfer of Property

B. Goods

C. Price

D. All of the above

A. The claimant's product must be represented in an artistic work

B. Articles made to the design must have marketed

C. The defendant's product must be a substantial copy of the claimant's product

D. The claimant's designer must have created the design for the claimant's product in the form of a drawing or a model that is an artistic work

A. 161

B. 303

C. 307

D. 305

A. statutory companies

B. chartered companies

C. registered companies

D. government companies

A. 15 days

B. 30 days

C. 45 days

D. 90 days

A. Negotiate with third parties

B. Keep proper books and registers

C. Gather information about competitors

D. Act as a medium of communication

A. 5%, 12%, 18% and 24%

B. 5%, 12%, 18% and 26%

C. 5%, 12%, 18% and 28%

D. 5%, 12%, 16% and 28%

A. Novation: The substitution of the original or existing contract with the new one

B. Alteration: It means change in one or more terms of the contract, with the same parties

C. Rescission: cancellation of a contract

D. Remission: acceptance of a higher performance

A. tangible property

B. intellectual property

C. industrial property

D. Both B and C

A. Chairman of the Meeting

B. Secretary of the Meeting

C. Chairman and Secretary both

D. None of the above