Business Law Assignments - SCDL

Question The confirmation of change of registered office of company within a state shall be communicated to the company within ________ from the date of receipt of such application.

Correct Answer Four weeks

Your Answer Three months

Multiple Choice Single Answer Question When an offer is made to world-at-large, the contract is :-

Correct Answer Made with the person who signs or performs the terms and conditions of the offer

Your Answer Made with the person who signs or performs the terms and conditions of the offer

Multiple Choice Multiple Answer Question A Bill of Exchange stands dishonoured by non-acceptance where the drawee of it

does not give qualified acceptance

Correct Answer The drawee is not competent to enter into contract , Drawee is a fictitious person and even after reasonable search, could not be found , There are several drawees, who are not partners and all of them refuses to accept

Your Answer only (a) & (c) of the above

True/False Question Three parties can not enter into an agreement.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer Question An agency by necessity may arise in following three circumstances :-

Correct Answer When an agent exceeds his authority in an emergency , When a person is entrusted with another's property , In case of husband and wife

Your Answer When an agent exceeds his authority in an emergency , When a person is entrusted with another's property , When a person wants to earn secret profits.

Multiple Choice Multiple Answer Question The liability of companies on the basis of liability are :-

Correct Answer Unlimited companies , Limited by guarantee , Limited by shares

Your Answer Limited by guarantee

True/False Question Subsidiary company can hold shares and can acquire membership of the holding

company.


Your Answer False

Multiple Choice Single Answer Question An agreement denotes a promise :-

Correct Answer Forming considerations for each other

Your Answer With reciprocal consideration

Multiple Choice Multiple Answer Question Partners by Estoppel or holding out are also called as

Correct Answer quasi-partner , nominal partner

Your Answer quasi-partner , sub-partner , nominal partner

Multiple Choice Single Answer Question People purchasing the commodities for the purpose of trading is :-

Correct Answer Trader

Your Answer Trader

Multiple Choice Multiple Answer Question The three ingredients in the performance of a contract of sale by the seller are :-

Correct Answer Transfer of property in goods , The passing of the risk , Delivery of goods

Your Answer Transfer of property in goods , Holding of the goods , Delivery of goods

Multiple Choice Multiple Answer Question In Conditional endorsement

Correct Answer The liability of the endorser is limited , The liability of the endorser is negative , Endorser’s liability can be made dependent upon contingency.

Your Answer The liability of the endorser is limited , It is not different from a restrictive instrument , Endorser’s liability can be made dependent upon contingency.

Select The Blank Question An offer, to be treated as a valid offer, should be ________.

Correct Answer Communicated

Your Answer Complied

Multiple Choice Multiple Answer Question A holder of Negotiable Instrument is

Correct Answer entitled to receive the amount , must be entitled to possess it in his own name , Can sue upon an instrument for recovery of amount

Your Answer entitled to receive the amount , must be entitled to possess it in his own name , Can sue upon an instrument for recovery of amount

Multiple Choice Single Answer Question A partnership at will can be dissolved by filing a suit for :-

Correct Answer Dissolution

Your Answer Dissolution

Multiple Choice Multiple Answer Question Following persons can perform the contracts :-

Correct Answer Promissor , Agent , Legal representative

Your Answer Agent , Legal representative , Promissor

True/False Question Ratification can be only for a part of the act of the agent.


Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

District consumer protection council

Chairman - The collector of the district

Consumer Protection Board

Consumer Protection Councils Established at the centre, and at state level


Central Council Meeting At least once in a year The minister in charge of consumer affairs in the state Govt.

Members of the State Consumer Protection council

The minister in charge of consumer affairs in the state Govt.

Established at the centre, and at state level

Multiple Choice Single Answer Question Partnership created at will of the partners is:-

Correct Answer Partnership at will

Your Answer Particular partnership

Multiple Choice Multiple Answer Question Following are the essentials of valid acceptance :-

Correct Answer Acceptance must be qualified , Acceptance must be communicated to the offeror

Your Answer Acceptance can precede an offer , Acceptance must be qualified , Acceptance can be communicated at any time

Multiple Choice Multiple Answer Question Following are the agencies of a three tier system of consumer disputes redressal

agencies :-

Correct Answer State commission , National commission , District Forum

Your Answer State commission , National commission , District Forum

Select The Blank Question An agency is based upon the ________.

Correct Answer Consent

Your Answer Consent

Multiple Choice Multiple Answer Question The particular partnership automatically comes to an end

Correct Answer on the completion of the venture , at the expiry of the fixed term

Your Answer on the completion of the venture , by giving express notice. , at the expiry of the fixed term


An agent occupying the position of a guarantor as well as that of an agent

Del Credere Agents Indenting Agents

An agent facilitating the distribution of goods are international level

Indenting Agents Del Credere Agents

An agent helping the importers of goods

Clearing goods Clearing goods

An agent helping the exporters of goods

Forwarding Agents Forwarding Agents

True/False Question The Act is passed merely to settle the disputes of commercial transactions.


Your Answer True

Select The Blank Question Holding out means ________ leading another person to believe in something.

Correct Answer Falsely

Your Answer Accidentally

Select The Blank Question The property in the Negotiable Instrument passes from one person to another person

by ________ delivery.

Correct Answer Mere/ Simple

Your Answer Undue

Multiple Choice Multiple Answer Question Certain effects of the insolvency of a partner are as follows :-

Correct Answer An insolvent partner ceases to be a partner , The partnership firm dissolve on the insolvency of any partner

Your Answer An insolvent partner ceases to be a partner , The partnership firm dissolve on the insolvency of any partner , Firm is held liable for any acts of insolvent after the adjudication

Multiple Choice Single Answer Question The parties of the contract should be major in age according to :-

Correct Answer The law to which they are subject

Your Answer The law to which they are subject

True/False Question An auctioneer has full authority to sell the goods of his principal by private contracts.


Your Answer True

True/False Question A company may alter the provisions of its memorandum so as to change the place of

registered office from one state to another foreign country.


Your Answer True

True/False Question Under ratification, principal need not exist at the time of ratifying the act of the agent.


Your Answer False

True/False Question The legal heir or representative of a dead consumer is given the right to become the

complainant.

Correct Answer True

Your Answer True

Select The Blank Question Whenever the term illegal contract is used, it involves ________.

Correct Answer Inconsistency

Your Answer Inconsistency

Multiple Choice Single Answer Question Presumption of Negotiable Instrument are enumerated in :-

Correct Answer Section 118 and 119

Your Answer Section 117 and 118

Multiple Choice Multiple Answer Question A declaration given for the registration of company is given by :-

Correct Answer An advocate of Supreme Court , An attorney entitled to appear before a High Court , A Pleader entitled to appear before a High Court

Your Answer An advocate of Supreme Court , An attorney entitled to appear before a High Court , A Pleader entitled to appear before a High Court

Multiple Choice Single Answer Question Where the liability of the shareholders of a company is limited to the extent of the

unpaid amount on the shares held by them, the company is known as a company :-

Correct Answer Limited by shares

Your Answer Limited by shares

Multiple Choice Single Answer Question Two or more persons said to consent when :-

Correct Answer Forming a natural judgment as to its effect upon his interest

Your Answer They agree on same topic

Multiple Choice Single Answer Question Company based on ownership is :-

Correct Answer Public company

Your Answer Company limited by shares

True/False Question An agent does not have the right to stop goods in transit.


Your Answer False

Multiple Choice Single Answer Question A company which has a control over a subsidiary company is a :-

Correct Answer Holding company

Your Answer Holding company

Multiple Choice Multiple Answer Question According to the Consumer Protection Act, 1986, a person includes :-

Correct Answer Hindu undivided family , Co-operative society , Individual as well as juristic person

Your Answer Registered firm only , Co-operative society , Individual as well as juristic person

Select The Blank Question The Indian Contract Act, 1872, does not cover all those duties which are not ________

in nature.

Correct Answer Contractual

Your Answer Obligatory

Select The Blank Question A partner may make an agreement with his partners, not to carry ________ business

to that of the firm.

Correct Answer Similar

Your Answer Irrelevant

Select The Blank Question A proposal comes to an end by its ________.

Correct Answer Rejection

Your Answer Acceptance

Select The Blank Question There are certain relations, which are not created by contracts but are upheld by law,

which are known as ________ contracts.

Correct Answer Quasi

Your Answer Quasi

True/False Question An agreement to agree in future is not a contract.

Correct Answer True

Your Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank Question The essential point about an agent's position is his ________ of

making his principal answerable to third parties. Correct Answer

Authority

Your Answer Authority

Multiple Choice Single Answer Question Partnership at will is a partnership :-

Correct Answer

For an indefinite period

Your Answer For an indefinite period

Select The Blank Question An agent is simply a blank ________ between his principal and

the third party. Correct Answer

Connecting link

Your Answer Connecting link

Multiple Choice Multiple Answer Question A sale can be in case of

Correct Answer

specific goods , existing goods

Your Answer specific goods , existing goods , contingent goods

Multiple Choice Multiple Answer Question Coercion means and includes :-

Correct Answer

Any act forbidden by the Indian Penal Code , Any threatening to commit illegal act

Your Answer Any act forbidden by the Indian Contract Act , Any act forbidden by the Indian Penal Code , Act forbidden by any law


Cannot enter into partnership

Two partnership firms Two partnership firms

Giving due notice Dissolves partnership at will

Dissolves partnership at will

Partnership Deed Domicile of partnership firm

Domicile of partnership firm

Not mandatory Registration of partnership Can be sued in its own name

Partnership firm Can be sued in its own name

Registration of partnership

Multiple Choice Multiple Answer Question An unregistered firm can institute a criminal proceeding for :-

Correct Answer

The wrongful use of the trade mark , The wrongful use of the firm name

Your Answer The wrongful use of the trade mark , The wrongful use of the firm name , The partner for settlement of firm's account


Partner by holding-out Partner by estoppel Partner by estoppel

Dissolution of partnership Completion of ventures Loss caused by fraud

Right of a partner To retire To retire

Partner is liable Loss caused by fraud Loss caused by fraud

Sleeping Partner Dormant Partner Dormant Partner

Multiple Choice Multiple Answer Question The order of the Commission can be set aside by :-

Correct Answer

The Supreme Court , The National Commission

Your Answer The National Commission

Multiple Choice Multiple Answer Question A company is :-

Correct Answer

An artificial legal person , A separate legal entity , Voluntary Association of persons

Your Answer An artificial legal person , A separate legal entity , Created by local body

Multiple Choice Multiple Answer Question Negotiable instrument recognised by law are :-

Correct Answer

Bill of exchange , Cheque , Promissory Note

Your Answer Bill of exchange , Cheque , Promissory Note

Select The Blank Question All illegal agreements are ________ but all Void agreements are

not illegal. Correct Answer

Void

Your Answer Void

Multiple Choice Single Answer Question In case of private limited company, minimum number of

members is two while the maximum is :- Correct Answer

50

Your Answer 50

Multiple Choice Single Answer Question The person to whom, Negotiable Instrument is transferred is

entitled to :- Correct Answer

Amount

Your Answer Deposit

True/False Question There are two types or kinds of capital of a company, i.e. owned

capital and borrowed capital. Correct Answer

True

Your Answer True

Multiple Choice Multiple Answer Question As per the Consumer Protection Act, 1986, a consumer is a :-

Correct Answer

A person buying goods for a consideration , A person who is a beneficiary of services

Your Answer A person buying goods for a consideration , A person obtaining service under the contract of personal service , A person who is a beneficiary of services

Multiple Choice Multiple Answer Question The Negotiable Instruments recognized by statue are

Correct Answer

Bill of Exchange , Promissory Notes , Cheque

Your Answer Bill of Exchange , Promissory Notes , Cheque

Multiple Choice Multiple Answer

Question Advantage of crossing the Cheque

Correct Answer

To reduce the risk of unauthorized person to get the payment of such Cheque. , To safeguard the interest of bonafide holder of the cheque

Your Answer To reduce the risk of unauthorized person to get the payment of such Cheque. , Withholding the payment of cheque to unauthorized person , To safeguard the interest of bonafide holder of the cheque

Multiple Choice Multiple Answer Question Goods includes

Correct Answer

trade marks , good will

Your Answer actionable claims , trade marks

Multiple Choice Single Answer Question The National Commission has the jurisdiction to entertain

complaints where the value of the goods or services and compensations, if any, claimed exceeds :-

Correct Answer

Rs.One crore

Your Answer Rs.Ten lacs

Multiple Choice Multiple Answer Question In a sale if the seller becomes insolvent after a contract of sale

and the buyer has paid the price, the buyer can claim the goods from the

Correct Answer

Official Assignee , Receiver

Your Answer seller's agent , seller , Official Assignee

Multiple Choice Multiple Answer Question The State Council consists of the following members :-

Correct Answer

Minister in-charge of consumer affairs in the State Govt. , Members representing such interests as may be prescribed by the State Govt.

Your Answer Minister in-charge of consumer affairs in the State Govt. , Members representing such interests as may be prescribed by the State Govt. , Members representing such interests as may be prescribed by the Central Council

True/False Question Partners can decide their rights and liabilities in the partnership

deed. Correct Answer

True

Your Answer False


Question In the Conditional endorsement :-

Correct Answer

The liability of the endorser is limited , The liability of the endorser is negative , Endorser's liability can be made dependent upon contingency

Your Answer The liability of the endorser is limited , It is not different from a restrictive instrument , Endorser's liability can be made dependent upon contingency

Select The Blank Question When the certificate of incorporation is obtained, the promoters

and directors of a ________ company invite the Public to subscribe to its shares.

Correct Answer

Public

Your Answer Public

True/False Question Money order, Postal order, Share Certificates, Deposit receipts

and such other documents are Negotiable Instruments. Correct Answer

False

Your Answer False

Multiple Choice Single Answer Question A partnership firm does not enjoy the status of a :-

Correct Answer

Legal person

Your Answer Legal person

Multiple Choice Multiple Answer Question There was a contract for sale of goods. Delivery was to be given

in October. Owing to a strike in the port of loading, the goods were not shipped until November. The buyers are entitled to :-

Correct Answer

Repudiate the contract , Rescind the contract

Your Answer Repudiate the contract , Rescind the contract

Select The Blank Question Section 13 of the Negotiable Instrument Act gives ________ of

Negotiable Instrument. Correct Answer

Meaning

Your Answer Examples

Select The Blank Question Karta of Joint-Hindu family is ________ of his family.

Correct Answer

Representative

Your Answer Owner

Select The Blank Question A partner may make an agreement with his partners, not to

carry ________ business to that of the firm. Correct Answer

Similar


Multiple Choice Single Answer Question A condition may be reduced to warranty where goods are :-

Correct Answer

Accepted by the buyer

Your Answer Lost by the buyer

Multiple Choice Single Answer Question Consumer Dispute Redressal Forum is a District Forum

established by :- Correct Answer

The State Govt. in each District of the State by Notification

Your Answer The State Govt. in each District of the State by Notification

Select The Blank Question According to Salmond and ________, a promise without

consideration is a gift and one made with consideration is a bargain.

Correct Answer

Winfield

Your Answer Winfield

Select The Blank Question The Indian Contract Act, 1872, does not cover all those duties

which are not ________ in nature. Correct Answer

Contractual

Your Answer Void

True/False Question Persons who have entered into partnership with one another are

called individually partners and they are collectively "a firm". Correct Answer

True

Your Answer True

Multiple Choice Multiple Answer Question Following are the elements which constitute a partnership firm :-

Correct There must be a contract regarding a partnership , There must

Answer be an association of two or more persons Your Answer There must be a contract regarding a partnership , The main

object of carrying on the business must be the sharing of liabilities for individual profits , There must be an association of two or more persons

True/False Question In formal contracts, consideration is not required.

Correct Answer

True

Your Answer False

Multiple Choice Multiple Answer Question Public notice of a dissolution of firm is required to be given by

Correct Answer

publishing the same in the official gazette , publishing the same in the local news paper

Your Answer publishing the same in the official gazette , publishing the same in the local news paper

True/False Question The change of name shall affect all the rights and obligations of

the company. Correct Answer

False

Your Answer False

Select The Blank Question A ________ is an artificial person and has a legal entity.

Correct Answer

Company

Your Answer Company

True/False Question Even if all the members of a company are citizens of India, the

company does not become a citizen of India. Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question A mistake as to a law not in force in India is :-

Correct Answer

Void

Your Answer Voidable

Multiple Choice Single Answer Question When the partners select to adopt certain firm name which is

identical with the firm name already in existence, then such name is :-

Correct Answer

Legal

Your Answer Illegal

True/False Question General agents are the persons who enjoy a general authority to

do everything in the course of their agency. Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question In the Bill of Exchange, the person who is ordered to pay is

called as :- Correct Answer

Drawee

Your Answer Drawer

True/False Question Registration of firm is a condition precedent for filing the suit for

seeking the remedy which arises out of contractual obligations. Correct Answer

True

Your Answer True


Select The Blank Question The confirmation of change of registered office of company

within a state shall be communicated to the company within ________ from the date of receipt of such application.

Correct Answer

Four weeks

Your Answer Three months

Multiple Choice Single Answer Question When an offer is made to world-at-large, the contract is :-

Correct Answer

Made with the person who signs or performs the terms and conditions of the offer

Your Answer Made with the person who signs or performs the terms and conditions of the offer

Multiple Choice Multiple Answer Question A Bill of Exchange stands dishonoured by non-acceptance

where the drawee of it does not give qualified acceptance Correct Answer

The drawee is not competent to enter into contract , Drawee is a fictitious person and even after reasonable search, could not be found , There are several drawees, who are not partners and all of them refuses to accept

Your Answer only (a) & (c) of the above

True/False Question Three parties can not enter into an agreement.

Correct Answer

False

Your Answer True

Multiple Choice Multiple Answer Question An agency by necessity may arise in following three

circumstances :- Correct Answer

When an agent exceeds his authority in an emergency , When a person is entrusted with another's property , In case of husband and wife

Your Answer When an agent exceeds his authority in an emergency , When a person is entrusted with another's property , When a person wants to earn secret profits.

Multiple Choice Multiple Answer Question The liability of companies on the basis of liability are :-

Correct Answer

Unlimited companies , Limited by guarantee , Limited by shares

Your Answer Limited by guarantee

True/False Question Subsidiary company can hold shares and can acquire

membership of the holding company. Correct Answer

False

Your Answer False

Multiple Choice Single Answer Question An agreement denotes a promise :-

Correct Answer

Forming considerations for each other

Your Answer With reciprocal consideration

Multiple Choice Multiple Answer Question Partners by Estoppel or holding out are also called as

Correct Answer

quasi-partner , nominal partner

Your Answer quasi-partner , sub-partner , nominal partner

Multiple Choice Single Answer Question People purchasing the commodities for the purpose of trading is

:- Correct Answer

Trader

Your Answer Trader

Multiple Choice Multiple Answer Question The three ingredients in the performance of a contract of sale by

the seller are :- Correct Answer

Transfer of property in goods , The passing of the risk , Delivery of goods

Your Answer Transfer of property in goods , Holding of the goods , Delivery of goods

Multiple Choice Multiple Answer Question In Conditional endorsement

Correct Answer

The liability of the endorser is limited , The liability of the endorser is negative , Endorser’s liability can be made dependent upon contingency.

Your Answer The liability of the endorser is limited , It is not different from a restrictive instrument , Endorser’s liability can be made dependent upon contingency.

Select The Blank Question An offer, to be treated as a valid offer, should be ________.

Correct Answer

Communicated

Your Answer Complied

Multiple Choice Multiple Answer Question A holder of Negotiable Instrument is

Correct Answer

entitled to receive the amount , must be entitled to possess it in his own name , Can sue upon an instrument for recovery of amount

Your Answer entitled to receive the amount , must be entitled to possess it in his own name , Can sue upon an instrument for recovery of amount

Multiple Choice Single Answer Question A partnership at will can be dissolved by filing a suit for :-

Correct Answer

Dissolution

Your Answer Dissolution


Question Following persons can perform the contracts :-

Correct Answer

Promissor , Agent , Legal representative

Your Answer Agent , Legal representative , Promissor

True/False Question Ratification can be only for a part of the act of the agent.

Correct Answer

False

Your Answer True


District consumer protection council


Consumer Protection Board

Consumer Protection Councils



Central Council Meeting At least once in a year The minister in charge of consumer affairs in the state Govt.

Members of the State Consumer Protection council

The minister in charge of consumer affairs in the state Govt.


Multiple Choice Single Answer Question Partnership created at will of the partners is:-

Correct Answer

Partnership at will

Your Answer Particular partnership

Multiple Choice Multiple Answer Question Following are the essentials of valid acceptance :-

Correct Answer

Acceptance must be qualified , Acceptance must be communicated to the offeror

Your Answer Acceptance can precede an offer , Acceptance must be qualified , Acceptance can be communicated at any time

Multiple Choice Multiple Answer Question Following are the agencies of a three tier system of consumer

disputes redressal agencies :- Correct Answer

State commission , National commission , District Forum

Your Answer State commission , National commission , District Forum

Select The Blank Question An agency is based upon the ________.

Correct Consent

Answer Your Answer Consent

Multiple Choice Multiple Answer Question The particular partnership automatically comes to an end

Correct Answer

on the completion of the venture , at the expiry of the fixed term

Your Answer on the completion of the venture , by giving express notice. , at the expiry of the fixed term


An agent occupying the position of a guarantor as well as that of an agent

Del Credere Agents Indenting Agents

An agent facilitating the distribution of goods are international level

Indenting Agents Del Credere Agents

An agent helping the importers of goods

Clearing goods Clearing goods

An agent helping the exporters of goods

Forwarding Agents Forwarding Agents

True/False Question The Act is passed merely to settle the disputes of commercial

transactions. Correct Answer

False

Your Answer True

Select The Blank Question Holding out means ________ leading another person to believe

in something. Correct Answer

Falsely

Your Answer Accidentally

Select The Blank Question The property in the Negotiable Instrument passes from one

person to another person by ________ delivery. Correct Answer

Mere/ Simple

Your Answer Undue

Multiple Choice Multiple Answer Question Certain effects of the insolvency of a partner are as follows :-

Correct Answer

An insolvent partner ceases to be a partner , The partnership firm dissolve on the insolvency of any partner

Your Answer An insolvent partner ceases to be a partner , The partnership

firm dissolve on the insolvency of any partner , Firm is held liable for any acts of insolvent after the adjudication

Multiple Choice Single Answer Question The parties of the contract should be major in age according

to :- Correct Answer

The law to which they are subject

Your Answer The law to which they are subject

True/False Question An auctioneer has full authority to sell the goods of his principal

by private contracts. Correct Answer

False

Your Answer True

True/False Question A company may alter the provisions of its memorandum so as to

change the place of registered office from one state to another foreign country.

Correct Answer

False

Your Answer True

True/False Question Under ratification, principal need not exist at the time of ratifying

the act of the agent. Correct Answer

False

Your Answer False

True/False Question The legal heir or representative of a dead consumer is given the

right to become the complainant. Correct Answer

True

Your Answer True

Select The Blank Question Whenever the term illegal contract is used, it involves

________. Correct Answer

Inconsistency

Your Answer Inconsistency

Multiple Choice Single Answer Question Presumption of Negotiable Instrument are enumerated in :-

Correct Section 118 and 119

Answer Your Answer Section 117 and 118

Multiple Choice Multiple Answer Question A declaration given for the registration of company is given by :-

Correct Answer

An advocate of Supreme Court , An attorney entitled to appear before a High Court , A Pleader entitled to appear before a High Court

Your Answer An advocate of Supreme Court , An attorney entitled to appear before a High Court , A Pleader entitled to appear before a High Court

Multiple Choice Single Answer Question Where the liability of the shareholders of a company is limited to

the extent of the unpaid amount on the shares held by them, the company is known as a company :-

Correct Answer

Limited by shares

Your Answer Limited by shares

Multiple Choice Single Answer Question Two or more persons said to consent when :-

Correct Answer

Forming a natural judgment as to its effect upon his interest

Your Answer They agree on same topic

Multiple Choice Single Answer Question Company based on ownership is :-

Correct Answer

Public company

Your Answer Company limited by shares

True/False Question An agent does not have the right to stop goods in transit.

Correct Answer

False

Your Answer False

Multiple Choice Single Answer Question A company which has a control over a subsidiary company is

a :- Correct Answer

Holding company

Your Answer Holding company


Question According to the Consumer Protection Act, 1986, a person includes :-

Correct Answer

Hindu undivided family , Co-operative society , Individual as well as juristic person

Your Answer Registered firm only , Co-operative society , Individual as well as juristic person



Contractual

Your Answer Obligatory



Similar


Select The Blank Question A proposal comes to an end by its ________.

Correct Answer

Rejection

Your Answer Acceptance

Select The Blank Question There are certain relations, which are not created by contracts

but are upheld by law, which are known as ________ contracts. Correct Answer

Quasi

Your Answer Quasi

True/False Question An agreement to agree in future is not a contract.

Correct Answer

True

Your Answer True




Authority



Correct Answer





Connecting link



Correct Answer




Correct Answer














Correct Answer










Correct Answer




Correct Answer



Multiple Choice Multiple Answer Question Negotiable instrument recognised by law are :-

Correct Answer





Void

Your Answer Void



50

Your Answer 50



Amount

Your Answer Deposit



True

Your Answer True


Correct Answer




Correct Answer



Multiple Choice Multiple Answer Question Advantage of crossing the Cheque

Correct Answer




Correct trade marks , good will

Answer Your Answer actionable claims , trade marks



Correct Answer

Rs.One crore




Correct Answer




Correct Answer





True

Your Answer False

Multiple Choice Multiple Answer Question In the Conditional endorsement :-

Correct Answer





Correct Public

Answer Your Answer Public



False

Your Answer False


Correct Answer

Legal person




Correct Answer





Meaning



Correct Answer

Representative

Your Answer Owner



Similar



Correct Answer









Correct Answer

Winfield




Contractual

Your Answer Void



True

Your Answer True


Correct Answer

There must be a contract regarding a partnership , There must be an association of two or more persons

Your Answer There must be a contract regarding a partnership , The main object of carrying on the business must be the sharing of liabilities for individual profits , There must be an association of two or more persons


Correct Answer

True

Your Answer False


Correct Answer





False

Your Answer False


Correct Answer

Company

Your Answer Company



True

Your Answer True


Correct Answer

Void


Multiple Choice Single Answer Question When the partners select to adopt certain firm name which is

identical with the firm name already in existence, then such name is :-

Correct Answer

Legal

Your Answer Illegal



True

Your Answer True



Drawee

Your Answer Drawer



True

Your Answer True




Authority



Correct Answer





Connecting link



Correct Answer




Correct Answer














Correct Answer










Correct Answer




Correct Answer




Question Negotiable instrument recognised by law are :-

Correct Answer





Void

Your Answer Void



50

Your Answer 50



Amount

Your Answer Deposit



True

Your Answer True


Correct Answer




Correct Answer



Multiple Choice Multiple Answer Question Advantage of crossing the Cheque

Correct Answer




Correct Answer

trade marks , good will

Your Answer actionable claims , trade marks



Correct Answer

Rs.One crore




Correct Answer




Correct Answer





True

Your Answer False

Multiple Choice Multiple Answer Question In the Conditional endorsement :-

Correct Answer





Correct Answer

Public

Your Answer Public



False

Your Answer False


Correct Answer

Legal person




Correct Answer





Meaning



Correct Representative

Answer Your Answer Owner



Similar



Correct Answer









Correct Answer

Winfield




Contractual

Your Answer Void



True

Your Answer True


Correct Answer

There must be a contract regarding a partnership , There must be an association of two or more persons

Your Answer There must be a contract regarding a partnership , The main object of carrying on the business must be the sharing of liabilities for individual profits , There must be an association of two or more persons


Correct Answer

True

Your Answer False


Correct Answer





False

Your Answer False


Correct Answer

Company

Your Answer Company



True

Your Answer True


Correct Answer

Void


Multiple Choice Single Answer

Question When the partners select to adopt certain firm name which is identical with the firm name already in existence, then such name is :-

Correct Answer

Legal

Your Answer Illegal



True

Your Answer True



Drawee

Your Answer Drawer



True

Your Answer True

Date post:	18-Nov-2014
Category:	Documents
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Business Law Assignments - SCDL

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