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

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41.
Written record of the business done at a meeting is known as

A. agenda

B. reports

C. minutes

D. quorum

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42.
Intellectual Property Rights protect the use of information and ideas that are of:

A. Ethical value

B. Moral value

C. Social value

D. Commercial value

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43.
"A Secretary is a mere servant, his position is that he is to do what is told to him." This statement was given by

A. Lord Dening

B. Lord Isher

C. Lord Solman

D. Lord Hence

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44.
Promises which form the consideration or part of the consideration for each other are called as:

A. Mutual promises

B. Reciprocal promises

C. Promises

D. Written Promises

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45.
Doctrine of caveat emptor provides that it is the duty of . . . . . . . . to see that goods are fit for his purpose.

A. seller

B. buyer

C. owner

D. All of these

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46.
How will the goods and services be classified under GST regime?

A. SAC/HSN code

B. HSN code

C. SAC code

D. GST code

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47.
In a contract for sale of specific goods, the goods, without the knowledge of seller perished at the time when the contract was made, the contract is?

A. A voidable contract at the instance of seller

B. A voidable contract at the instance of buyer

C. A voidable contract subject to approval of the civil court

D. A void contract

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48.
Which of the following is an exclusive right of copyright owner?

A. Right to public distribution of the work

B. Right to reproduction of the work

C. Right of public performance

D. All of the above

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49.
The nature and duties of a company secretary is:

A. ministerial and administrative

B. administrative and managerial

C. ministerial only

D. none of the above

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50.
What does 'I' in IGST stands stand for?

A. Internal

B. Integrated

C. Internal

D. Intra

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

41. Written record of the business done at a meeting is known as

Answer & Solution

42. Intellectual Property Rights protect the use of information and ideas that are of:

Answer & Solution

43. "A Secretary is a mere servant, his position is that he is to do what is told to him." This statement was given by

Answer & Solution

44. Promises which form the consideration or part of the consideration for each other are called as:

Answer & Solution

45. Doctrine of caveat emptor provides that it is the duty of . . . . . . . . to see that goods are fit for his purpose.

Answer & Solution

46. How will the goods and services be classified under GST regime?

Answer & Solution

47. In a contract for sale of specific goods, the goods, without the knowledge of seller perished at the time when the contract was made, the contract is?

Answer & Solution

48. Which of the following is an exclusive right of copyright owner?

Answer & Solution

49. The nature and duties of a company secretary is:

Answer & Solution

50. What does 'I' in IGST stands stand for?

Answer & Solution

Read More Section(Legal Aspects of Business)

41.
Written record of the business done at a meeting is known as

42.
Intellectual Property Rights protect the use of information and ideas that are of:

43.
"A Secretary is a mere servant, his position is that he is to do what is told to him." This statement was given by

44.
Promises which form the consideration or part of the consideration for each other are called as:

45.
Doctrine of caveat emptor provides that it is the duty of . . . . . . . . to see that goods are fit for his purpose.

46.
How will the goods and services be classified under GST regime?

47.
In a contract for sale of specific goods, the goods, without the knowledge of seller perished at the time when the contract was made, the contract is?

48.
Which of the following is an exclusive right of copyright owner?

49.
The nature and duties of a company secretary is:

50.
What does 'I' in IGST stands stand for?