Legal Aspects Of Business - Study Mode

[#846] When buyer pays some part of the price of goods to the seller, the seller is called
Correct Answer

(A) unpaid seller

[#847] What is the duration of a trademark registration as defined by Trademarks Act, 1999?
Correct Answer

(C) 10 years

[#848] Which combination of the following represents the assumptions of the Walter's dividend model? I. The company has a very long or perpetual life. II. All earnings are either reinvested internally or distributed as dividend. III. There is no floatation cost for the company. IV. Cost of capital of the company is constant.
Correct Answer

(C) I, II, IV

[#849] Where in a contract of sale the seller purports to effect the present sale of the future goods, the contract operates as:
Correct Answer

(B) an agreement to sell the goods

[#850] After introduction of GST, supplies to SEZ are:
Correct Answer

(C) Zero rated