Legal Aspects Of Business - Study Mode
[#776] The officer designated by the public authorities in all administrative units or offices under it to provide information to the citizens requesting for information under the act is known as
Correct Answer
(C) Public Information Officer
[#777] If an owner entrusts the possession of his goods to a merchant who deals in goods of that kind, the merchant has the power to transfer all rights (including title) to the goods to a buyer in the ordinary course of business. The real owner cannot reclaim the goods from this buyer. Which type of rule is this?
Correct Answer
(A) Entrustment
[#778] Doctrine of caveat emptor does not apply, when
Correct Answer
(D) in all the above situations
[#779] Can the agreement be avoided when there is an agreement to sell specific goods bur subsequently the goods perish or become so damaged without any fault of the seller or buyer?
Correct Answer
(A) It can be avoided by the parties
[#780] Who can be a partner in a limited liability partnership?
Correct Answer
(D) Both A and B
(H) Both A and B