Legal Aspects Of Business - Study Mode

[#466] EDI system got legal recognition under which one of the following Acts?
Correct Answer

(D) Information Technology Act, 2000

[#467] Which of the following statement is not correct about GST?
Correct Answer

(B) GST will abolish all the direct tax levied in India

[#468] The first auditor in a company limited by shares may be appointed by the directors:
Correct Answer

(B) Before the statutory meeting

[#469] Performance of the conditions of a proposal, or the acceptance of any consideration for a reciprocal promise which may be offered with a proposal, is an . . . . . . . . of the proposal.
Correct Answer

(A) Acceptance

[#470] What is the maximum duration allowed under right to priority for patent filing?
Correct Answer

(A) One year