Legal Aspects Of Business - Study Mode

[#596] In case of a Limited Liability Partnership, partners are agents of:
Correct Answer

(A) Limited Liability Partnership

[#597] Under GST, 'value addition' refers to:
Correct Answer

(A) Expenses 'plus' profit

[#598] Invention means
Correct Answer

(C) new product or process having inventive step and capable industrial application

[#599] According to Section 80 of Companies Act 1956, a company can not redeem its Preference Shares out of:
Correct Answer

(D) Out of sale proceeds of fixed assets

[#600] The documents which describes the rules and regulations for internal management of a company is known as
Correct Answer

(C) Article of Association