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

A. such contract remains valid provided the promise is fulfilled whether at the time of performance or later

B. such a contract becomes void

C. such contract becomes voidable at the option of the promise if the intention of the parties was that time should be of essence of the contract

D. such a contract becomes voidable at the option of the promises or promise and the intention of the parties does not matter

A. 28

B. 14

C. 20

D. 30

A. The board of director

B. The shareholders

C. The managing directors

D. The outsiders

A. Novelty

B. Inventive step

C. Capable of Industrial application

D. All the above

A. Newspaper advertisement regarding sale

B. Display of goods by a shopkeeper in his window with prices marked on them

C. An advertisement for a concert

D. Announcement of reward to the public

A. 2 members

B. 3 members

C. 5 members

D. 7 members

A. specified banker

B. specified person

C. special party

D. None of the above

A. Trademark Act, 1999

B. Patent Act, 1970

C. Customs Act, 1962

D. Copyright Act, 1957

A. Suit for damages for non-acceptance of delivery

B. Suit for damages for repudiation of contract

C. Suit for interest

D. All of the above

A. IT (amendment) Act 2008

B. Indian Penal Code

C. IT Act 2000

D. None of the above