Legal Aspects Of Business - Practice Test

[#606] Which of the following is/are true in the context of quasi-contract? 1. There is no real contract in existence. 2. There is no offer and acceptance. 3. There is no intention to create contract. Select the correct answer

(A) Only 1

(B) Both 1 and 2

(C) Both 1 and 3

(D) All of the above

Correct Answer

(D) All of the above

[#607] Within how much period from the closing of accounting year, bonus must be paid, if there is no dispute about the payment of bonus?

(A) Two months

(B) Six months

(C) Eight months

(D) Ten months

Correct Answer

(C) Eight months

[#608] LLP shall file its LLP agreement with the registrar within of its incorporation.

(A) 15 days

(B) 30 days

(C) 45 days

(D) 90 days

Correct Answer

(B) 30 days

[#609] Sub-section (1) of section 100 empowers the board of directors to call extraordinary general meeting as and when it is deemed necessary. Which of the following is authorized to convene extra-ordinary general meeting?

(A) The Board of Directors

(B) The board on requisition of members

(C) Tribunal

(D) All of the above

Correct Answer

(B) The board on requisition of members

[#610] Which of the following fact/s is/are true about Patent Cooperation Treaty (PCT)?

(A) PCT is an international treaty administered by the WIPO

(B) PCT System makes it possible to seek patent protection for an invention simultaneously in a large number of countries by filing a single 'international' patent application

(C) The granting of patents remains under the 'national phase'

(D) All of the above

Correct Answer

(D) All of the above

Legal Aspects Of Business - Study Mode

[#606] Which of the following is/are true in the context of quasi-contract? 1. There is no real contract in existence. 2. There is no offer and acceptance. 3. There is no intention to create contract. Select the correct answer

Correct Answer

[#607] Within how much period from the closing of accounting year, bonus must be paid, if there is no dispute about the payment of bonus?

Correct Answer

[#608] LLP shall file its LLP agreement with the registrar within of its incorporation.

Correct Answer

[#609] Sub-section (1) of section 100 empowers the board of directors to call extraordinary general meeting as and when it is deemed necessary. Which of the following is authorized to convene extra-ordinary general meeting?

Correct Answer

[#610] Which of the following fact/s is/are true about Patent Cooperation Treaty (PCT)?

Correct Answer