Legal Aspects Of Business - Study Mode
[#756] Which is not the condition fulfilled before a seller is deemed to be an unpaid seller?
Correct Answer
(C) He must have sold goods against cash or in exchange of other things
[#757] The centre has to offer states a GST Compensation package. What is the validity period of Centre compensation package to states when GST was implemented in 2017 that are to be paid on bimonthly basis to states in case required?
Correct Answer
(B) Five years
[#758] Which of the following is not a characteristic of a company?
Correct Answer
(A) Non corporate body
[#759] Which of the following officers can sign on behalf of the company:
Correct Answer
(D) Secretary
[#760] Tax is calculated only on the value-addition at each stage of the transfer of ownership, in case of GST. This helps in reduction of inflation as well. It is basically called reduction of:
Correct Answer
(A) Cascading effect