Legal Aspects Of Business - Practice Test

[#91] Which of the following as per the Competition Act, 2002, refers to any agreement to limit, restrict or withhold the output or supply of any goods or allocate any area or market for the disposal or sale of the goods?

(A) Tie-in-arrangement

(B) Exclusive supply agreement

(C) Exclusive distribution agreement

(D) Refusal to deal

Correct Answer

(C) Exclusive distribution agreement

[#92] Time gap between two AGM should not exceed . . . . . . . . months.

(A) 12

(B) 15

(C) 18

(D) 21

Correct Answer

(B) 15

[#93] Maximum number of members in case of private company.

(A) 10

(B) 50

(C) 70

(D) 200

Correct Answer

(D) 200

[#94] Incorporation documents shall be filed by LLP with:

(A) Tribunal

(B) SEBI

(C) Registrar

(D) Central Government

Correct Answer

(C) Registrar

[#95] Which of the following should can be identified with the trademark law?

(A) A trademark shall protect a sign which may be represented graphically and which is capable of distinguishing the goods or services of one undertaking from those of other undertakings

(B) Trademarks may protect signs such as words, letters, numerals, abbreviations, graphical representations, etc., provided that they are distinctive, including combinations of all the above indicated signs

(C) A seal, a stamp and a hallmark/official marks identifying precious metals, measures, etc. are not considered to be trademarks

(D) All of the above

Correct Answer

(D) All of the above

Legal Aspects Of Business - Study Mode

[#91] Which of the following as per the Competition Act, 2002, refers to any agreement to limit, restrict or withhold the output or supply of any goods or allocate any area or market for the disposal or sale of the goods?

Correct Answer

[#92] Time gap between two AGM should not exceed . . . . . . . . months.

Correct Answer

[#93] Maximum number of members in case of private company.

Correct Answer

[#94] Incorporation documents shall be filed by LLP with:

Correct Answer

[#95] Which of the following should can be identified with the trademark law?

Correct Answer