Legal Aspects Of Business - Practice Test

[#826] To copyright something, which of the following elements are required?

(A) Fixation

(B) Originality

(C) Expression

(D) All of the above

Correct Answer

(D) All of the above

[#827] List A of Companies Act can be adopted for-

(A) Memorandum of Association

(B) Article of Association

(C) Prospectus

(D) None of the above

Correct Answer

(B) Article of Association

[#828] Which of the following statements is/are true about GST council?

(A) GST Council is the key decision-making body that will take all important decisions regarding the GST

(B) GST Council dictates tax rate, tax exemption, the due date of forms, tax laws, and tax deadlines, keeping in mind special rates and provisions for some states

(C) The predominant responsibility of the GST Council is to ensure to have one uniform tax rate for goods and services across the nation

(D) All of the above

Correct Answer

(D) All of the above

[#829] In 'quid-pro-quo', quo stands for:

(A) knowledge disclosed to the public

(B) monopoly granted for the term of the patent

(C) exclusive privilege of making, selling and using the invention

(D) none of the above

Correct Answer

(B) monopoly granted for the term of the patent

[#830] Directors declare dividend in the

(A) Statutory Meeting

(B) Annual General Meeting

(C) Extra-ordinary General Meeting

(D) Board of Directions Meeting

Correct Answer

(B) Annual General Meeting

Legal Aspects Of Business - Study Mode

[#826] To copyright something, which of the following elements are required?

Correct Answer

[#827] List A of Companies Act can be adopted for-

Correct Answer

[#828] Which of the following statements is/are true about GST council?

Correct Answer

[#829] In 'quid-pro-quo', quo stands for:

Correct Answer

[#830] Directors declare dividend in the

Correct Answer