Legal Aspects Of Business - Study Mode
[#601] Zero rated supply includes supplies made:
Correct Answer
(B) To SEZ unit in India
[#602] If a company develops a new technology that improves its main product, what type of intellectual property can they use to stop others from copying their invention?
Correct Answer
(C) Patents
[#603] Consider the following statements: Assertion (A): The number of members in a company is 20 and hence the company is a private company. Reason (R): According to the Companies Act, 1956 a private company is one, the number of members of which does not exceed 50.
Correct Answer
(C) Both A and R do not present the whole truth
[#604] Tribunal may appoint the official liquidator to be the liquidator provisionally at any time:
Correct Answer
(A) after the presentation of petition for winding up
[#605] A offers to sell B his car for Rs. 2,00,000. C standing nearby says, "I will take it if B does not take it." B is not interested in the car. What will be the position if C says to A, "here is the money, I take the car."
Correct Answer
(D) Both B and C