SCDL Business Law Paper - 2

Scdlsolvedpapers.wordpress.
com Business Law Code -106

SCDL- PGDBA- I Semester _____________________________________________________________________
Brow ser Name: M
Question Correct Answer
The Articles of Association controls ________ operations of the company. Internal
Multiple Choice Multiple Answer Question The memorandum of every company shall state :Correct Answer The name of the company , The registered office , The main objects
Multiple Choice Single Answer Question Constructive delivery is also called as Delivery by :Correct Answer Attornment
Multiple Choice Single Answer Question The essence of contract of sale is :Correct Answer Sale of goods
Select The Blank Question Dissolution of partnership involves a change in ________ of partners. Correct Answer Relationship
Multiple Choice Multiple Answer Question Instruments payable on demand are Correct Answer Cheque , Promissory Note , Bill of Exchange
Multiple Choice Multiple Answer Question The Articles of Association contains the :Correct Answer True/False Question Correct Answer Rules , Regulations , Bye-laws
A minor can be admitted as a partner with the consent of all other partners. True
Select The Blank
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Scdlsolvedpapers.wordpress.com Business Law Code -106

Question Correct Answer True/False Question Correct Answer True/False Question Correct Answer True/False Question An agreement of agency must make clear the ________ of a person to act on behalf of another person. Intention
Apparent authority and ostensible authority have different meanings. False
Section 10 of the Indian Contract Act, 1872 applies to contract of sale. True
Correct Answer Multiple Choice Multiple Answer Question Following are the elements which constitute a partnership
Goods which become ascertained subsequent to the formation of the contract of sale are Ascertained Goods. True
Correct there must be a contract regarding a partnership , there must be an association Answer of two or more persons Your Answer there must be a contract regarding a partnership , there must be an association of two or more persons True/False Question Correct Answer True/False Question Correct Answer
Consideration can not be a past consideration. False
Sections 1 to 75 of the Indian Contract Act, 1872 provides for the special contracts. False
Multiple Choice Multiple Answer Question Misrepresentation contains following ingredients :Correct Answer Causing another party to make a mistake as to the substance of the thing , Positive assertion , Breach of duty without intention to deceive
Multiple Choice Multiple Answer Question The very important stages in the connection of formation of a company are :-
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Correct Answer Promotion , Registration , Floatation
Multiple Choice Multiple Answer Question Following persons can not be called partners Correct Answer minors , insolvents , co-owners without the agreement to carry on the business
Multiple Choice Single Answer Question For obtaining recognition as an 'Appropriate Laboratory", the applicant shall send an application in the proforma prescribed by the :Correct Bureau of Indian Standard Answer True/False Question Correct Answer
District Forum enjoys Revisional jurisdiction. False
Multiple Choice Multiple Answer Question There can not be any partnership where a business is carried on Correct Answer with a benevolent purpose , where any one of the partners is entitled to total profit earned
Select The Blank Question There should be a ________ and real necessity for creating an agency. Correct Answer Definite
Multiple Choice Multiple Answer Question An unregistered firm can institute a suit against Correct Answer wrongful use of the trade mark , wrongful use of the firm name
Multiple Choice Single Answer Question A hire -purchase agreement is :Correct Answer True/False Question Correct Answer Contract
Companies can be registered with undesirable names. False
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Select The Blank Question ________ contracts are the result of the implied promises. Correct Answer True/False Question Correct Answer Implied
General agents are the persons who enjoy a general authority to do everything in the course of their agency. True
Multiple Choice Multiple Answer Question Agent has duties towards principal in addition to :Correct Answer Conducting principal's business , Rendering accounts to principal , Communicating with the principal
Select The Blank Question Partnership business carried on continuous losses, the court may order to ________ the firm. Correct Dissolve Answer Match The Following Question
Correct Answer
Your Answer Turnover Change of the registered office from one state to another Conclusive evidence Relevant period
The aggregate value of the Turnover realization made from the sale Confirmation by the company Change of the registered law board office from one state to another A certificate of incorporation given by the registrar The period of three consecutive financial years Conclusive evidence Relevant period
Multiple Choice Single Answer Question The legal existence of the company commences from the date written on the certificate of incorporation and such date is conclusive even if :Correct Wrong Answer Select The Blank Question According to Prof. Hanney, "Partnership is the relation existing between persons competent to make contracts who agree to carry on a ________" Correct Lawful business is common with a view to private gain Answer
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Multiple Choice Multiple Answer Question A company is :Correct Voluntary Association of persons , An artificial legal person , A separate legal Answer entity Your Answer An artificial legal person , A separate legal entity
Match The Following Question Essentials of valid ratification
Correct Answer Existence of principal
Your Answer Existence of principal Special Agent Implied Agency Express authority
Agent appointed for a special Special Agent task Agency created by conduct of Implied Agency the parties Agency created by words, spoken, or written Express authority
Select The Blank Question There are certain relations, which are not created by contracts but are upheld by law, which are known as ________ contracts. Correct Quasi Answer Multiple Choice Single Answer Question The term of Central Protection Council is :Correct Answer Three years
Multiple Choice Single Answer Question A spiritual adviser (Guru) induced his people to gift their property to him to secure benefits to them in the next world. The contract is:Correct Void on the ground of undue influence as no reasonable man will do it Answer Your Answer Not void on the ground of undue influence as no real or apparent authority is held by Guru Multiple Choice Single Answer Question In a contract of sale a condition may be reduced to warranty where :Correct Answer There is a voluntary waiver of condition
Multiple Choice Multiple Answer Question A Consumer has the following rights :-
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Correct Answer To get the education of the availability of legal remedies , Seek redressal against unfair trade practices , To be informed about quality, quantity, potency, purity, standard and price of goods
Multiple Choice Multiple Answer Question Classification of companies based on the jurisdiction of functioning is :Correct Answer Question Correct Answer A National Company , Multinational Company , Foreign Company
A Company subject to the provisions of section 32 of the companies act as unlimited may register under this Act as a ________. Limited company
Select The Blank Question A valid tender of performance should be ________. Correct Answer Question Correct Answer Unconditional
The membership of the association of company shall cease on the dissolution of the firm. True
Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to :Correct Admit any liability in a suit or proceedings against the firm , Withdraw a suit or Answer proceeding filed on behalf of the firm Question Correct Answer Shelf prospectus is a prospectus issued by any ________ institutions for one or more issues of the securities. Financial
Multiple Choice Multiple Answer Question Certain effects of the insolvency of a partner are as follows :Correct Answer An insolvent partner ceases to be a partner , The partnership firm dissolve on the insolvency of any partner
Multiple Choice Multiple Answer Question Following are the conditions needed to prove an act of a partner is an act of a partnership firm Correct such a act be done in a ordinary course of a partnership firm , it must be related Answer to the business of the firm , act must have been done in the name and on behalf of the firm
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SCDL Business Law Paper - 2

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Scdlsolvedpapers.wordpress.

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Question Correct Answer

The Articles of Association controls ________ operations of the company. Internal

Select The Blank

Scdlsolvedpapers.wordpress.com Business Law Code -106

Apparent authority and ostensible authority have different meanings. False

Consideration can not be a past consideration. False

Scdlsolvedpapers.wordpress.com Business Law Code -106

District Forum enjoys Revisional jurisdiction. False

Companies can be registered with undesirable names. False

Scdlsolvedpapers.wordpress.com Business Law Code -106

Scdlsolvedpapers.wordpress.com Business Law Code -106

Match The Following Question Essentials of valid ratification

Correct Answer Existence of principal

Scdlsolvedpapers.wordpress.com Business Law Code -106

Scdlsolvedpapers.wordpress.com Business Law Code -106

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