Académique Documents
Professionnel Documents
Culture Documents
Business Law
True/False
Question Consideration can not be a past consideration.
Correct False
Answer
Your Answer False
True/False
Question An agreement to sell takes place in the case of existing goods or specific goods.
Correct False
Answer
Your Answer False
True/False
Question Specific goods are those which are identified and agreed upon at the time of a
contract of sale is made.
Correct True
Answer
Your Answer True
True/False
2
Question The membership of the association of company shall cease on the dissolution of
the firm.
Correct True
Answer
Your Answer True
Correct With a benevolent purpose , Where any one of the patterns is entitled to total profit
Answer earned.
Your Answer With a benevolent purpose , Where any one of the patterns is entitled to total profit
earned.
Correct President of the State Commission , Secretary of the Law Dept. of the state
Answer
Your Answer President of the State Commission , Secretary of the Law Dept. of the state
True/False
Question There are two types or kinds of capital of a company, i.e. owned capital and
borrowed capital.
Correct True
Answer
Your Answer True
Correct Company
Answer
Your Answer Company
3
Correct faith
Answer
Your Answer faith
Correct To get the education of the availability of legal remedies , Seek redressal against
Answer unfair trade practices , To be informed about quality, quantity, potency, purity,
standard and price of goods
Your Answer To obtain interim relief without informing opposite party , Seek redressal against
unfair trade practices , To be informed about quality, quantity, potency, purity,
standard and price of goods
Correct minors , insolvents , co-owners without the agreement to carry on the business
Answer
Your Answer minors , insolvents , co-owners without the agreement to carry on the business
Correct with a benevolent purpose , where any one of the partners is entitled to total profit
Answer earned
Your Answer with a benevolent purpose , where any one of the partners is entitled to total profit
earned
Correct wrongful use of the trade mark , wrongful use of the firm name
Answer
Your Answer wrongful use of the trade mark , wrongful use of the firm name
Correct A Burmese Buddhist husband and wife carrying on business , the members of
Answer Hindu Undivided Family carrying on Family business
5
Your Answer A Burmese Buddhist husband and wife carrying on business , the members of
Hindu Undivided Family carrying on Family business
Correct where the principal does not have full knowledge at the fact , where the act to be
Answer ratified is illegal or void , where the ratification is not done within a reasonable time
Your Answer where the principal does not have full knowledge at the fact , where the act to be
ratified is illegal or void , where the ratification is not done within a reasonable time
Correct ownership in the property is passed from the seller to the buyer.
Answer
Your Answer ownership in the property is passed from the seller to the buyer.
True/False
Question A Promissory Note contains conditional undertaking to pay a certain sum of money.
Correct False
Answer
Your Answer False
Minor Partner Admitted for profits only Admitted for profits only
Dissolution of a Partnership Death or Insanity of the partners Death or Insanity of the partners
Correct To investigate the real ownership of shares , To investigate the names and
Answer members of the company , To investigate whether the company is sham
Your Answer To investigate the real ownership of shares , To investigate the names and
members of the company , To investigate whether the company is sham
Correct association
Answer
7
Any person who for the Holder in due course Holder in due course
consideration becomes the
possessor of a promissory note
Negotiating Negotiable A minor A minor
Instruments so as to bind all,
except himself
A partner accepting Negotiable Implied authority Implied authority
Instrument
A person who can't accept or An insolvent An insolvent
indorse a bill
True/False
Question Services rendered by the Post and Telephone Department are covered by the
Consumer Protection Act, 1986
Correct True
Answer
Your Answer True
True/False
Question "I promise to pay Mr.John Rs.500/- seven days after my marriage with Miss Lucy" is
a promissory note.
Correct False
Answer
Your Answer False
Business Law
Question
The Prospectus is
Correct Answer
A document raising share capital , A Prospectus can be, any notice , Issued to invite the subscription to
shares
Your Answer
A document raising share capital , A Prospectus can be, any notice , Issued to invite the subscription to
shares
Question
A person under any legal or natural ________ can not appoint an agent.
Correct Answer
disability
Your Answer
disability
Question
Following are the elements which constitute a partnership
Correct Answer
there must be a contract regarding a partnership , there must be an association of two or more persons
Your Answer
there must be a contract regarding a partnership , the main object of carry on the business must be sharing
of liabilities , there must be an association of two or more persons
Question
Spurious goods means goods which are ________
Correct Answer
fake
Your Answer
fake
Question
The District Protection Council shall consist of the following members
Correct Answer
Members representing such interests as may be prescribed by the State Govt. , The Collector of District
Your Answer
Members representing such interests as may be prescribed by the State Govt. , The Collector of District
True/False
Question
A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in
goods to the buyer for a price
Correct Answer
True
Your Answer
True
10
Question
Correct Answer
Your Answer
Section 68
Supply of necessaries to minor
Supply of necessaries to minor
Section 70
Liability of payment for non-gratuitous acts
Liability of payment for non-gratuitous acts
Section 63
Remission
Remission
Section 71
Responsibility of a finder of goods
Responsibility of a finder of goods
True/False
Question
A sub-agent acts under the direct control of his principal.
Correct Answer
False
Your Answer
False
Question
The unpaid seller has following rights against the buyer personally
11
Correct Answer
suit for interest , repudiation of contract
Your Answer
suit for interest , repudiation of contract
True/False
Question
All contracts are agreements and all agreements are contracts.
Correct Answer
False
Your Answer
False
Question
Unfair trade practice includes a representation made to public in a form that purpots to be a ________ of a
product.
Correct Answer
warranty
Your Answer
warranty
True/False
Question
When a person is entrusted with another's property, he may be appointed as an agent by necessity.
Correct Answer
True
Your Answer
True
Question
12
Correct Answer
A Specific name
Your Answer
A Specific name
True/False
Question
An agreement to sell takes place in the case of existing goods or specific goods.
Correct Answer
False
Your Answer
False
Question
The corporate veil under the Companies Act may be lifted in the following instances
Correct Answer
To investigate the real ownership of shares , To investigate the names and members of the company , To
investigate whether the company is sham
Your Answer
To investigate the real ownership of shares , To investigate the names and members of the company , To
investigate whether the company is sham
Question
For attending the meeting of the Central Council or any Working Group, the outstanding non official
members of the Central Council shall be entitled to daily allowances of
Correct Answer
Rs.100/- per day
Your Answer
Rs.100/- per day
13
Question
The unpaid seller has following rights against the goods
Correct Answer
stoppage in transit , withholding the delivery of goods
Your Answer
stoppage in transit , withholding the delivery of goods
Question
A company which is not a private company is
Correct Answer
Public company
Your Answer
Public company
Question
The principal must give compensation to his agent in respect of injury caused to an agent by the
Correct Answer
Principal's neglect , Principal's want to skill , Principal's want to knowledge
Your Answer
Principal's neglect , Principal's want to skill
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
Your Answer
with a benevolent purpose , where any one of the partners is entitled to total profit earned
14
Question
Following are the agencies of a three tier system of consumer disputes redressal agencies
Correct Answer
State commission , National commission , District Forum
Your Answer
State commission , National commission , District Forum
True/False
Question
A Cheque is a Bill of Exchange.
Correct Answer
True
Your Answer
False
Question
Following persons can not be called partners
Correct Answer
minors , insolvents , co-owners without the agreement to carry on the business
Your Answer
minors , insolvents , co-owners without the agreement to carry on the business
Question
An unregistered firm can institute a suit against
Correct Answer
wrongful use of the trade mark , wrongful use of the firm name
Your Answer
wrongful use of the trade mark , wrongful use of the firm name
15
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 Answer
Acquire movable property on behalf of the firm , transfer movable property belonging to the firm
Your Answer
admit any liability in a suit or proceedings against the firm , enter into partnership on behalf of the firm
Question
If any ________ is present while forming the agency then the relationship of agency becomes contractual.
Correct Answer
consideration
Your Answer
consideration
Question
There was a contract for sale of goods. Delivery was to be given in october. Owing to a strike in the port of
loading, the goods were not shipped until November. The buyers are entitled to
Correct Answer
Repudiate the contract , Recind the contract
Your Answer
Modify the contract , Recind the contract , Rectify the contract
Question
During the war, all the members of a private company were killed while they were in general meeting in a
bomb attack. Whether the company will
Correct Answer
Survive
16
Your Answer
Survive
Question
According to Rule 3 of the Consumer protection rules the Central Council consists of the following members
Correct Answer
Minister in-charge of the dept. of home , Minister in-charge of dept. of Commerce and Industry , Minister
in-charge consumer affairs in states
Your Answer
Minister in-charge of dept. of civil supplies , Minister in-charge consumer affairs in states
Question
Members of a club or a society are the ________ of each other.
Correct Answer
friends
Your Answer
representatives
Question
The salary and other allowances of the members of the National Commission shall be defrayed out of the
Correct Answer
Consolidated fund of India
Your Answer
Consolidated fund of India
Question
In the Conditional endorsement
17
Correct Answer
the liability of the endorser is limited , the liability of the endorser is negative , Endorser's liability can be
made dependent upon contingency
Your Answer
the liability of the endorser is limited , the liability of the endorser is negative
Question
Negotiable Instrument Act deals with
Correct Answer
dishonour of cheques
Your Answer
dishonour of cheques
True/False
Question
An agreement without consideration is void.
Correct Answer
True
Your Answer
True
Question
The modes of termination of agency are
Correct Answer
By completion of the agency business , By death of principal , By expiry of period or time
Your Answer
By completion of the agency business , By death of principal , By expiry of period or time
Question
18
Correct Answer
internal
Your Answer
internal
True/False
Question
Companies can be registered with undesirable names.
Correct Answer
False
Your Answer
False
Question
Section 13 of the Negotiable Instrument Act gives ________ of Negotiable Instrument.
Correct Answer
meaning
Your Answer
meaning
Question
When the notice of stoppage in transit is given by the seller to the ________in possession of goods, the
latter must re-deliver the goods to the seller.
Correct Answer
Carrier
Your Answer
Carrier
Question
Correct Answer
Your Answer
Registration of partnership
Not mandatory
Not mandatory
True/False
Question
Mental acceptance amounts to an acceptance.
Correct Answer
False
Your Answer
False
Question
Following are the characteristics of the partnership at will
Correct Answer
Partners are always free to break their relationship at their whim , It is for indefinite period
20
Your Answer
Partners are always free to break their relationship at their whim , It is for indefinite period
Question
Consent is free when it is not caused by
Correct Answer
Undue influence , Fraud , Mistake
Your Answer
Undue influence , Fraud , Mistake
Question
Following are the conditions needed to prove an act of a partner is an act of a partnership firm
Correct Answer
such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm ,
act must have been done in the name and on behalf of the firm
Your Answer
such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm ,
act must have been done in the name and on behalf of the firm
Question
When an agent is appointed to perform a particular work or transaction only, he is known as
Correct Answer
special agent
Your Answer
special agent
True/False
Question
The statement in lieu of prospectus is prepared only for advertising purpose.
21
Correct Answer
False
Your Answer
False
Question
The goods, which are owned and possessed by the seller at the time of sale, are known as
Correct Answer
Existing goods/Specific goods
Your Answer
Existing goods/Specific goods
Business Law
Question
An agency by necessity may arise in following three circumstances,
Correct Answer
When an agent exceeds his authority in an emergency , When a person is entrusted with another's
property , In case of husband and wife
Your Answer
When an agent exceeds his authority in an emergency , When a person is entrusted with another's
property , In case of husband and wife
True/False
Question
If a bearer cheque is lost or stolen, the owner of such a cheque is put to the loss.
Correct Answer
True
Your Answer
True
22
Question
Section 13 of the Negotiable Instrument Act gives ________ of Negotiable Instrument.
Correct Answer
meaning
Your Answer
definition
True/False
Question
In a contract of sale goods can be exchanged for goods.
Correct Answer
False
Your Answer
False
True/False
Question
Specific goods are those which are identified and agreed upon at the time of a contract of sale is made.
Correct Answer
True
Your Answer
True
Question
In an agreement to sell the seller is responsible for all the risk of loss as he is the
Correct Answer
Owner
Your Answer
Owner
23
Question
The person to whom, Negotiable Instrument is transferred is entitled to
Correct Answer
amount
Your Answer
deposit
Question
Correct Answer
Your Answer
Minor Partner
Admitted for profits only
Admitted for profits only
Dissolution of a Partnership
Death or Insanity of the partners
Death or Insanity of the partners
Firm
Partners
Partners
Partner
Agents of the firm
Agents of the firm
Partnership
Can be formed at Will
Can be formed at Will
24
Question
Any seven persons for forming a public company or any two persons for forming a private company
may come together and apply to the Registrar to form
Correct Answer
A Company
Your Answer
A Company
Question
Following persons can not be called partners
Correct Answer
minors , insolvents , co-owners without the agreement to carry on the business
Your Answer
minors , insolvents
Question
A company which is not a private company is
Correct Answer
Public company
Your Answer
Public company
Question
An offer, to be treated as a valid offer, should be ________.
Correct Answer
communicated
Your Answer
25
communicated
True/False
Question
Consideration can not be a past consideration.
Correct Answer
False
Your Answer
False
Question
Shelf prospectus is a prospectus issued by any ________ institutions for one or more issues of the
securities.
Correct Answer
financial
Your Answer
financial
True/False
Question
The social or the domestic contracts are excluded from the purview of the Indian Contract Act, 1872.
Correct Answer
True
Your Answer
True
Question
The unpaid seller has following rights against the buyer personally
Correct Answer
suit for interest , repudiation of contract
26
Your Answer
suit for interest , repudiation of contract
Question
As per S.2(1) (f) of the Consumer Protection Act, defect means any ________ in the quality of goods
Correct Answer
shortcoming
Your Answer
shortcoming
Question
________ implies committing or threatening to commit any act forbidden by the Indian Penal Code.
Correct Answer
Coercion
Your Answer
Coercion
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
Your Answer
with a benevolent purpose , where any one of the partners is entitled to total profit earned
Question
The salary and other allowances of the members of the National Commission shall be defrayed out of
the
Correct Answer
27
Your Answer
Consolidated fund of India
Question
Merely by reasons of any defect in the constitution of the council, no proceedings of the central council
shall be
Correct Answer
Invalid
Your Answer
Invalid
Question
A Company shall, on being so required by a member, send to him a copy of following documents
Correct Answer
The Memorandum , The articles , Every other agreement
Your Answer
The Memorandum , The articles , Every other agreement
Question
A Company subject to the provisions of section 32 of the companies act as unlimited may register
under this Act as a ________
Correct Answer
Limited company
Your Answer
Limited company
Question
28
Correct Answer
Financial service , Entertainment
Your Answer
Financial service , Entertainment
True/False
Question
Specific goods are those which are identified and agreed upon at the time of a contract of sale is made.
Correct Answer
True
Your Answer
True
Question
An unregistered firm can institute a suit against
Correct Answer
wrongful use of the trade mark , wrongful use of the firm name
Your Answer
wrongful use of the trade mark , wrongful use of the firm name
Question
Following are the elements which constitute a partnership
Correct Answer
there must be a contract regarding a partnership , there must be an association 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
29
Question
Every company by law must have
Correct Answer
Common seal
Your Answer
Common seal
Question
The three ingredients in the performance of a contract of sale by the seller are
Correct Answer
Transfer of property in goods , The passing of the risk , Delivery of goods
Your Answer
Transfer of property in goods , The passing of the risk , Delivery of goods
Question
Following particulars are included in the partnership deed
Correct Answer
Name , Address , Nature of business
Your Answer
Name , Address , Nature of business
Question
If a complaint requires analysis or testing of commodities, the National Commission shall decide the
complaint as far as possible within a period of
Correct Answer
Five months from the date of notice received by the opposite party
Your Answer
Three months from the date of notice received by the opposite party
30
Question
Object of the Central Council is to promote and protect the interest of
Correct Answer
The consumers
Your Answer
The consumers
Question
Following are the conditions needed to prove an act of a partner is an act of a partnership firm
Correct Answer
such a act be done in a ordinary course of a partnership firm , it must be related to the business of the
firm , act must have been done in the name and on behalf of the firm
Your Answer
such a act be done in a ordinary course of a partnership firm , it must be related to the business of the
firm , act must have been done in the name and on behalf of the firm
Question
A Company shall, on being so required by a member, send to him a copy of following documents
Correct Answer
The Memorandum , The articles , Every other agreement
Your Answer
The Memorandum , The articles , Every other agreement
Question
According to Rule 3 of the Consumer protection rules the Central Council consists of the following
members
Correct Answer
Minister in-charge of the dept. of home , Minister in-charge of dept. of Commerce and Industry ,
Minister in-charge consumer affairs in states
31
Your Answer
Minister in-charge of dept. of civil supplies , Minister in-charge consumer affairs in states
Question
A legal representative being holder of Negotiable Instrument can sue
Correct Answer
after the death of the holder
Your Answer
after the death of the holder
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 Answer
Admit any liability in a suit or proceedings against the firm , Transfer movable property belonging to the
firm , Withdraw a suit or proceeding filed on behalf of the firm
Your Answer
Acquire movable property on behalf of the firm , Admit any liability in a suit or proceedings against the
firm , Transfer movable property belonging to the firm , Withdraw a suit or proceeding filed on behalf of
the firm
Question
A cheque can be
Correct Answer
Bearer , Order , Crossed
Your Answer
Bearer , Order , Crossed
Question
Correct Answer
Your Answer
Barter system
Exchange of goods for goods
Exchange of goods for goods
Caveat emptor
Let the buyer beware
Let the buyer beware
Sale
Exchange of goods for price
Exchange of goods for price
Question
When the notice of stoppage in transit is given by the seller to the ________in possession of goods,
the latter must re-deliver the goods to the seller.
Correct Answer
Carrier
Your Answer
Carrier
Question
The directors of a company have to file their consent with the ________ to act as director.
Correct Answer
registrar
33
Your Answer
registrar
True/False
Question
The company cannot exceed the powers conferred on it by its memorandum
Correct Answer
True
Your Answer
True
Question
The registrar issues the letter of approval to approve the
Correct Answer
Name of the company
Your Answer
Declaration of the company
Question
The Exception to the rule of "buyer beware" are
Correct Answer
quality of goods are not merchantable , presence of patent defect in goods
Your Answer
fitness for buyer's purpose , sale of goods by description , quality of goods are not merchantable
True/False
Question
Legal controls, restrictions on public companies are more and strict.
Correct Answer
True
34
Your Answer
True
Question
All illegal agreements are ________ but all void agreements are not illegal.
Correct Answer
void
Your Answer
valid
Question
A company has continuity of life. Its life is not affected by
Correct Answer
Death , Lunacy , Insolvency
Your Answer
Death , Lunacy , Insolvency
The fictional veil keeps the company and its members separate from each other.
True
False
Unenforceable agreements and illegal agreements mean one and the same thing.
True
False
a)
Resale of
goods
b) Lein
Disposal of
c) goods
possession
d) of goods
a)
communication
of the one to
himself
b)
communication
by one to another
c)
to do or to
abstain from doing
something
d)
the object
should be to take
assent of another
a)
by
speed post
b) by
courier
services
c)
by
concerned
police
d) station
36
by
telephonic
call
The Articles
of
Association
are subsidiary
to
a)
Firms Act
Companies
b) Act
Certificate of
c) Registration
Memorandum
d) of Association
True/False
Question
A sale is an executed contract whereas an agreement to sell is an executory
contract.
Correct Answer
True
Your Answer
True
Question
In case of a public limited company, the maximum number is no limit, but the
minimum is fixed at
37
Correct Answer
7
Your Answer
7
Question
Correct Answer
Your Answer
Spurious goods
Goods claimed to be genuine
Doesn't include contract of personal service
Appropriate Laboratory
Recognised by Central Government
Recognised by Central Government
Services
Doesn't include contract of personal service
Stock and share
Question
A partner unknown to the world is a
Correct Answer
Dormant
Your Answer
Dormant
True/False
38
Question
Company is treated as a legal person distinct from its members.
Correct Answer
True
Your Answer
True
True/False
Question
The law relating to sale of immovable goods is contained in the Sale of Goods
Act, 1930.
Correct Answer
False
Your Answer
False
Question
Any person who is of age of majority according to the law to which he is a
subject, may ________ an agent.
Correct Answer
appoint
Your Answer
appoint
Question
Special resolution and confirmation by ________is required for alteration of
Memorandum.
Correct Answer
Company Law Board
Your Answer
Company Law Board
39
True/False
Question
Minor do not have the right of access to and to inspect and copy any of the
books of the firm
Correct Answer
True
Your Answer
False
Question
The following types of companies are required to have their own articles
Correct Answer
Unlimited companies , Companies limited by guarantee , Private companies
limited by shares
Your Answer
Unlimited companies , Companies limited by guarantee , Private companies
limited by shares
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 Answer
acquire movable property on behalf of the firm , transfer movable property
belonging to the firm
Your Answer
acquire movable property on behalf of the firm , transfer movable property
belonging to the firm
Question
A company is
40
Correct Answer
A company is , An artificial legal person , A separate legal entity
Your Answer
A company is , An artificial legal person , A separate legal entity
Question
Unpaid seller's right to stop the goods in transit arises only when the buyer is
________
Correct Answer
Bankrupt
Your Answer
Bankrupt
Question
Competent parties means parties should be
Correct Answer
major in age
Your Answer
major in age
Question
The presumptions laid by Sec.118 & 119 of Negotiable Instrument Act do not
arise where negotiable instrument is obtained by ________
Correct Answer
Fraud/Deceit
Your Answer
Fraud/Deceit
Question
Right to withhold the delivery of goods is similar to and co-extensive with the
right of
Correct Answer
stoppage of goods in transit
Your Answer
stoppage of goods in transit
True/False
Question
Consumer is a person who procures service under a contract of personal
service.
Correct Answer
False
Your Answer
False
Question
Following is an implied warranty
Correct Answer
warranty of freedom from encumbrance
Your Answer
warranty of freedom from encumbrance
Question
Following are the persons who cannot enter into partnership firm
Correct Answer
A Burmese Buddhist husband and wife carrying on business , the members of
Hindu Undivided Family carrying on Family business
Your Answer
A Burmese Buddhist husband and wife carrying on business , the members of
Hindu Undivided Family carrying on Family business
42
True/False
Question
Presumptions do not apply where an instrument is obtained by fraud, offence or
illegal consideration.
Correct Answer
True
Your Answer
True
Question
A proposal comes to an end by its ________.
Correct Answer
rejection
Your Answer
rejection
Question
Correct Answer
Your Answer
Minor's Agreement
Void ab initio
Void ab initio
Threatning to commit
Coercion
Coercion
Consideration
Past, Present and Future
Past, Present and Future
43
Mistake
Fact and Law
Fact and Law
Question
The particular partnership automatically comes to an end
Correct Answer
on the completion of the venture , at the expiry of the fixed term
Your Answer
on the completion of the venture , at the expiry of the fixed term
Question
The types or kinds of mercantile agents are
Correct Answer
Commission Agent , Broker , Auctioners
Your Answer
Broker , Auctioners
Question
Following are the characteristics of partnership at will
Correct Answer
partners are always free to break their relationship at their whim , it is for
indefinite period
Your Answer
partners are always free to break their relationship at their whim , it is for
indefinite period
44
Question
Following are the characteristics of the partnership at will
Correct Answer
Partners are always free to break their relationship at their whim , It is for
indefinite period
Your Answer
Partners are always free to break their relationship at their whim , It is for
indefinite period
True/False
Question
Goods which become ascertained subsequent to the formation of the contract of
sale are Ascertained Goods.
Correct Answer
True
Your Answer
True
Question
Following is an implied condition
Correct Answer
Condition as to title
Your Answer
Condition as to title
Question
Where the property in goods has not been transferred, the unpaid seller has the
Correct Answer
right of stop the goods in transit
Your Answer
45
Question
A ________ partner is like an undisclosed principal.
Correct Answer
sleeping
Your Answer
sleeping
Question
Following are the essentials of valid acceptance
Correct Answer
it may be expressed and implied , it must make clear an intention on the part of
the promisee to fulfill the terms of the promise given
Your Answer
it may be expressed and implied , it must make clear an intention on the part of
the promisee to fulfill the terms of the promise given
Question
Under a contract of sale goods have to be exchanged for
Correct Answer
Money
Your Answer
Money
Question
The Negotiable Instrument Act is latest ammended in the year
Correct Answer
46
2002
Your Answer
2002
Question
A cooler was purchased not for his own use, but it was installed at a bus-stand
for the use of public free of charge. it was held that the purchaser was a
consumer because -
Correct Answer
There was no commercial purpose
Your Answer
There was no commercial purpose
True/False
Question
Even if all the members of a company are citizens of India, the company does
not become a citizen of India.
Correct Answer
True
Your Answer
True
Question
The confirmation of change of registered office of company within a state shall
be communicated to the company within ________ from the date of receipt of
such application.
Correct Answer
Four weeks
Your Answer
Four weeks
47
Question
A company is registered as an artificial person. It has no
Correct Answer
Body , Soul , Conscience
Your Answer
Body , Soul , Conscience
Question
The object of carrying on a business must be
Correct Answer
Sharing of profits
Your Answer
Sharing of profits
Question
An unregistered firm can bring an action in any court of Law against
Correct Answer
a partner who steals the property of the partnership firm , a partner who
purposely damages the property of the partnership firm
Your Answer
a partner who steals the property of the partnership firm , a partner who
purposely damages the property of the partnership firm
Question
Shelf prospectus is a prospectus issued by any ________ institutions for one or
more issues of the securities.
Correct Answer
financial
Your Answer
financial
48
Question
The companies having Articles are
Correct Answer
Unlimited Company , Company limited by guarantee , Company limited by
shares
Your Answer
Unlimited Company , Company limited by guarantee , Company limited by
shares
Question
The person who buys the goods for trading purposes is not a ________ under
the Consumer Protection Act, 1986.
Correct Answer
consumer
Your Answer
consumer
Question
The memorandum of every company shall state
Correct Answer
The name of the company , The registered office , The main objects
Your Answer
The name of the company , The registered office , The main objects
Question
When the certificate of incorporation is obtained, the promoters and directors of a
________ company invite the public to subscribe to its shares.
Correct Answer
49
public
Your Answer
public
Question
Right to withhold the delivery of goods is similar to and co-extensive with the
right of
Correct Answer
Lein
Your Answer
Lein
Question
Notice of dissolution of firm must be ________
Correct Answer
explicit
Your Answer
explicit
Question
Limited companies can be formed for promoting
Correct Answer
Commerce , Art , Religion
Your Answer
Commerce , Art , Religion
a)
High prices
50
b) Low prices
Medium
prices
c)
Competitive
prices
d)
True/False
Question
Memorandum of a company is a primary and supreme document of the
company.
Correct Answer
True
Your Answer
True
51
True/False
Question
An auctioneer has full authority to sell the goods of his principal by private
contracts.
Correct Answer
False
Your Answer
False
Question
Mistake regarding the ________ or the terms and conditions of the contract is a
Mistake of the fact.
Correct Answer
subject matter
Your Answer
subject matter
Question
A valid tender of performance should be ________
Correct Answer
unconditional
Your Answer
conditional
Question
If an agreement is caused by a mistake as to any law in force in India, it is
Correct Answer
not voidable
Your Answer
voidable
52
Question
The memorandum of Association is the most important document, it acts out
Correct Answer
The constitution , The formation , The objectives
Your Answer
The constitution , The formation , The objectives
True/False
Question
Copies of memorandum and articles shall not be given to members.
Correct Answer
False
Your Answer
False
Question
In contract of sale
Correct Answer
ownership in the property is passed from the seller to the buyer.
Your Answer
acquisition in the property is passed from the seller to the buyer.
Question
The capacity to contract with an agent is the part of the law of
Correct Answer
statute
Your Answer
agency
53
Question
"Every agreement and promise enforceable at law is a contract", This statement
was made by -
Correct Answer
Sir Fredrick Pollock
Your Answer
Sir Fredrick Pollock
Question
The registration fo partnership firm is ________.
Correct Answer
not compulsory
Your Answer
compulsary
Question
Correct Answer
Your Answer
Partnership Deed
Domicile of partnership firm
54
Not mandatory
Registration of partnership
Can be sued in its own name
Partnership firm
Can be sued in its own name
Registration of partnership
Question
Mr. Dang and Mr. Thomas work together. Mr. Dang receives all the profits earned
and pays Mr. Thomas certain amount for his work as wages. whether Mr. Dang
and Mr. Thomas are
Correct Answer
Master and Servant
Your Answer
Agents
Question
The contract of agency between the principal and his agent is ________
Correct Answer
enforceable
Your Answer
enforceable
Question
A condition is a type of stipulation and has following characteristics
Correct Answer
55
It is of the subsidiary character , A breach of it gives the suffered party the one &
only one right to repudiate the contract
Your Answer
It is of fundamental in nature , It is of the subsidiary character , It directly goes to
the root of the contract
Question
Following persons cannot become a partners
Correct Answer
Corporation , an alien enemy with an Indian subject , company
Your Answer
Corporation , an alien enemy with an Indian subject , company
Question
Karta of Joint-Hindu family is ________ of his family.
Correct Answer
representative
Your Answer
owner
True/False
Question
Mental acceptance amounts to an acceptance.
Correct Answer
False
Your Answer
True
Question
56
Correct Answer
Rules , Regulations , Bye-laws
Your Answer
Rules , Regulations , Bye-laws
Question
The memorandum of a company shall be
Correct Answer
Printed , Divided into paragraphs numbered consecutively , Signed by each
subscriber
Your Answer
In English language only , Printed , Divided into paragraphs numbered
consecutively
Question
Presumptions do not arise where an instrument is obtained by
Correct Answer
fraud , offence , illegal consideration
Your Answer
fraud , offence , illegal consideration
Question
Memorandum of a public company must be signed by
Correct Answer
Seven persons
Your Answer
Two persons
57
Question
Consumer Dispute Redressal Forum is a District Forum established by
Correct Answer
the State Govt. in each District of the State by Notification
Your Answer
the Central Govt. in each District of the State by Notification
Question
In a ________ contract, the future event is collateral to the contract.
Correct Answer
Contingent
Your Answer
Contingent
Question
The partner who is illegally expelled
Correct Answer
can claim re-instatement , can sue the firm for the refund of his share in the
profits as well as profits
Your Answer
can claim re-instatement , can sue the firm for the refund of his share in the
capital only & not the profits
Question
Public notice is required to be given
Correct Answer
on the dissolution of a firm which is registered , on the retirement of any of the
partner of a registered firm
Your Answer
on the dissolution of a firm which is registered , on the dissolution of a firm which
58
Question
Goods means
Correct Answer
growing crops , stocks & shares
Your Answer
actionable claims , growing crops , stocks & shares
Question
Presumption shall be made
Correct Answer
of consideration , as to time of acceptance , as to order of endorsement
Your Answer
of consideration , as to time of acceptance , as to order of endorsement
Question
The holder in due course gets the instrument free from
Correct Answer
all defects in the title of the instrument
Your Answer
all defects in the title of the instrument
True/False
Question
Subsidiary company can hold shares and can acquire membership of the holding
company.
Correct Answer
False
59
Your Answer
True
Question
In a sale if the seller becomes insolvent after a contract of sale and the buyer has
paid the price, the buyer can claim the goods from the
Correct Answer
Official Assignee , Receiver
Your Answer
Seller's agent , Seller , Official Assignee
Question
Liabilities of partners arises to third party
Correct Answer
for wrongful acts of a partners , for misappropriation by its partners , for acts of
the firm
Your Answer
for wrongful acts of a partners , for acts of the firm
Question
Consent means
Correct Answer
assent of another , assent to support a claim , consent of the offeror to the
contract
Your Answer
assent to support a claim , consent from the elements which vitiates it , consent
of the offeror to the contract
True/False
60
Question
"Law" means a set of rules and regulations in the nature of dictatorship.
Correct Answer
False
Your Answer
True
Question
A firm is a name given to the partners ________
Correct Answer
collectively
Your Answer
collectively
Question
The memorandum of every company shall state
Correct Answer
The name of the company , The registered office , The main objects
Your Answer
The name of the company , The registered office , The main objects
Question
In special agency,
Correct Answer
agency lasts for a specific period , agency lasts for a particular type of job or work
, agents has limited authority
Your Answer
agency lasts for a specific period , agency lasts for a particular type of job or work
, agents has limited authority
61
True/False
Question
In case the object of an agency becomes unlawful, the agency can not be
terminated.
Correct Answer
False
Your Answer
False
Question
The Indian Contract Act, 1872, does not cover all those duties which are not
________ in nature.
Correct Answer
contractual
Your Answer
contractual
Question
Partners by Estoppel or holding out are also called as
Correct Answer
quasi-partner , nominal partner
Your Answer
quasi-partner , nominal partner
True/False
Question
The company law board may, at any time, by order, extend the time for the filing
of documents.
Correct Answer
True
Your Answer
62
True
Question
Correct Answer
Your Answer
Unlawful Business
Dissolution of Partnership
Association of two or more persons
Sub-partner
Sharing of profits by outsiders
Competent
Partnership
Association of two or more persons
Dissolution of Partnership
Partners have to be
Competent
Nominal partner
Question
No company shall be registered by name which has a name which is identical
with
Correct Answer
The name by which a company is in existence , A registered trade mark , A trade
mark which is subject of an application for registration
63
Your Answer
The name by which a company is in existence , A registered trade mark , A
partnership firm
Question
When the person to whom the proposal is made signifies his assent thereto, the
proposal is said to be ________.
Correct Answer
accepted
Your Answer
accepted
Question
A person under any legal or natural ________ can not appoint an agent.
Correct Answer
disability
Your Answer
disability
Question
The seller can file a suit against the buyer for the price of goods only after
Correct Answer
the property in goods is transferred to the buyer
Your Answer
the goods are agreed to sell to buyer
Question
Negotiable Instrument Act deals with
64
Correct Answer
dishonour of cheques
Your Answer
dishonour of cheques
True/False
Question Goods which become ascertained subsequent to the formation of the contract of sale are Ascertained Goods.
Correct Answer True
Your Answer True
True/False
Question Where a cheque is crossed specially, the banker to whom it is crossed may again cross it specially to another banker, his
agent, for collection.
Correct Answer True
Your Answer True
True/False
Question Three parties can not enter into an agreement.
Correct Answer False
Your Answer False
True/False
Question Companies can be registered with undesirable names.
Correct Answer False
Your Answer False
True/False
Question Memorandum is adopted to control internal operations of the company.
Correct Answer False
Your Answer False
True/False
Question Company is treated as a legal person distinct from its members.
Correct Answer True
Your Answer True
True/False
Question Registration of firm is a condition precedent for filing the suit for seeking the remedy which arises out of contractual
obligations.
Correct Answer True
Your Answer True
True/False
Question Subsidiary company can hold shares and can acquire membership of the holding company.
Correct Answer False
Your Answer False
True/False
Question An agreement without consideration is void.
Correct Answer True
Your Answer True
Marks : 2
1. The Prospectus is
a)
A document raising share capital
c)
Invitation made to individual
d)
69
A company may alter the provisions of its memorandum so as to change the place
3.
of registered office from one state to another foreign country.
True
False
True
False
1. Alteration of Memorandum
3. Auditors Report
The Holder in due course has the right to sue on the Negotiable Instrument in his
6.
own name for recovering the amount.
True
False
Marks : 5
7.
2. Agency by statute
3. Promoters of a company becomes its agents when the company is promoted or formed
4. When an agent enters into a contract without any authority or the knowledge of his
principal
4. Agency of marketing
6. Agency by Necessity
a)
must be in writing
b)
may be in writing
c)
must be verbal
Any seven persons for forming a public company or any two persons for forming a
10.
private company may come together and apply to the Registrar to form
a)
A Firm
b)
A Company
c)
An Association
A Social meeting
d)
a)
there must be a contract regarding a partnership
d)
12.
1. Firm
2. Partner
3. Partnership
3. Partners
4. Minor Partner
5. Dissolution of a Partnership
Marks : 2
a)
To get the education of the availability of legal remedies
d)
a)
minors
insolvents
b)
co-onwers with the agreement to carry on the business
c)
co-owners without the agreement to carry on the business
d)
a)
Natural birth
b) Law
Social recognition
c)
judicial order
74
d)
Marks : 2
18. When the notice of stoppage in transit is given by the seller to the
a)
In English language only
Printed
b)
Divided into paragraphs numbered consecutively
c)
Signed by each subscriber
d)
Marks : 2
20.
The Articles of Association controls operations of the company.
a)
Cross-word competitions
Horse-race
b)
Lottery
c)
Match Fixing
75
d)
a)
c)
Not acceptable to courts of law
a)
c)
acceptance can be communicated at any time
a)
by speed post
by courier services
b)
76
d)
a)
c)
it must be related to the business of the firm
act must have been done in the name and on behalf of the firm
d)
True
False
a)
A Juristic person
An artificial person
b)
A business person
c)
A legal person
77
d)
Marks : 2
29. The confirmation of change of registered office of company within a state shall be
Marks : 2
31.
Issued capital can be defined as the of shares which are offered
to the public for subscription.
32.
An agency is based upon the
33.
The company does not possess still it is a person in the
eyes of law.
a)
A Judge
A Registrar
b)
A Clerk
c)
An Advocate
d)
True
78
False
36. Mr. Naik gives authority to Mr. Ravi to sell Mr. Naik's land and to pay himself, out of
the proceeds the debts due to him from Mr. Naik on the death of Mr. Naik, the
authority can be
a)
revoked
terminated
b)
cancelled
c)
continues
d)
37. Subsidiary company can hold shares and can acquire membership of the holding
company.
True
False
True
False
Marks : 2
a)
Outside affairs of the company
79
c)
Conduct of company's business
d)
Marks : 2
a)
By notice of revocation
c)
By promoting the contract
d)
42. Private company can commence its business immediately after receiving the
certificate of
a)
Registration
Formation
b)
Incorporation
c)
Commencement
d)
80
a)
the liability of the endorser is limited
c)
Endorser's liability can be made dependent upon contingency
d)
45.
An agent is simply blank a between his principal and the
third party.
46. Copies of memorandum and articles shall not be given to members.
True
False
47. Which authority of an agent can be inferred from the circumstances of the case ?
a)
ostensible
implied
b)
express
c)
apparent
d)
48. A person who merely gives an advice to another person in matters of business, does not thereby
becomes his agent.
81
True
False
a)
with a benevolent purpose
c)
where any one of the partners is entitled to total profit earned
d)
a)
if the act to be ratified is legal
c)
if communicated to the concerned party
d)
52.
Future consideration is also known as consideration.
1. Sometimes contracts are entered into on behalf of the company before its
incorporation such pre-incorporation contracts are
82
a)
Followed
Binding
b)
Entered
c)
Made
d)
a)
Outside affairs of the company
c)
Conduct of company's business
d)
3.
The person acting as an agent on behalf of the principal should act
4. Partnership created at will of the partners is
a)
Particular partnership
General partnership
b)
partnership at will
c)
partnership for liked term
d)
83
7. The three ingredients in the performance of a contract of sale by the seller are
a)
Transfer of property in goods
c)
Delivery of goods
d)
a)
Void
Illegal
b)
Legal
c)
Voidable
d)
9. If the principal proves that any material fact has been dishonestly concealed from
him, by his agent then he gets following rights -
a)
he can repudiate the contract
c)
may revoke agent's authority
84
d)
Question
Articles of Association contains
Correct Answer
Regulations of the company , Internal affairs of the company , Conduct of company's business
Your Answer
Regulations of the company , Internal affairs of the company , Conduct of company's business
Question
The person acting as an agent on behalf of the principal should act ________.
Correct Answer
honestly
Your Answer
honestly
Question
Partnership created at will of the partners is
Correct Answer
partnership at will
Your Answer
partnership at will
Question
The three ingredients in the performance of a contract of sale by the seller are
85
Correct Answer
Transfer of property in goods , The passing of the risk , Delivery of goods
Your Answer
Transfer of property in goods , The passing of the risk , Delivery of goods
Question
Non-registration of a partnership firm does not make the partnership agreement
Correct Answer
Void
Your Answer
Legal
9.
The company does not possess still it is a person in
the eyes of law.
Following are the types of jurisdiction, which have been conferred on the State
10.
Commission
a)
Appellate
b)
Supervisory
c)
Pecuniary
Revisional
d)
Marks : 2
11. The law relating to sale of immovable goods is contained in the Sale of Goods Act,
1930.
True
86
False
a)
c)
Enjoy its property in its own name
Marks : 2
15. Following are the conditions needed to prove an act of a partner is an act of a
partnership firm
a)
act done in personal capacity
c)
act must have been done in the name and on behalf of the firm
d)
a)
Consideration
Warranty
b)
87
Guarantee
c)
Proposal
d)
at Apply.
Marks : 2
1. In a sale if the seller becomes insolvent after a contract of sale and the buyer has
paid the price, the buyer can claim the goods from the
a)
Seller's agent
Seller
b)
Official Assignee
c)
Receiver
d)
at Apply.
Marks : 2
1. In a sale if the seller becomes insolvent after a contract of sale and the buyer has
paid the price, the buyer can claim the goods from the
88
a)
Seller's agent
Seller
b)
Official Assignee
c)
Receiver
d)
3.
A is an artificial person and has a legal entity.
Marks : 2
4. Partnership is created by
a)
An agreement and not by status
c)
Carrying of business together and also by status
d)
Marks : 2
5.
A valid tender of performance should be
89
a)
c)
Divided into paragraphs numbered consecutively
Marks : 2
9.
implies committing or threatening to commit any act forbidden
by the Indian Penal Code.
10.
A partner is like an undisclosed principal.
11. The liability of companies on the basis of liability are
a)
Unlimited companies
Limited by guarantee
b)
Limited by shares
c)
Statutory company
d)
Marks : 2
90
12.
Issued capital can be defined as the of shares which are offered
to the public for subscription.
True
False
True
False
a)
c)
if done for the whole transaction
Marks : 2
a)
parallel authority
91
appropriate authority
b)
apparent authority
c) indirect authority
d)
a)
Promotion
b)
Registration
c)
Floatation
a)
Unlimited companies
b)
Limited by guarantee
Limited by shares
c)
Statutory company
d)
92
22.
3. Promoters of a company becomes its agents when the company is promoted or formed
4. When an agent enters into a contract without any authority or the knowledge of his principal
4. Agency by Necessity
5. Agency of marketing
6. Agency by statute
a)
minors
b) insolvents
d)
93
a)
Firms Act
b)
Companies Act
c)
Certificate of Registration
Memorandum of Association
d)
26.
1. Firm
1. Partners
2. Partner
3. Partnership
4. Minor Partner
5. Dissolution of a Partnership
27. All illegal agreements are but all void agreements are not illegal.
Marks : 2
28. If no date for dissolution for partnership at will is mentioned in notice, the firm is
dissolve as from the date of the
a)
Communication of notice
Posting of notice
b)
Signing the notice
c)
Intention to send notice
d)
29. A Company, when registered with limited liability under the Companies Act 1956,
shall be deemed to be a company
a)
Limited by members
Limited by stock
b)
Limited by shares
c)
Limited by capital
d)
95
Marks : 2
a)
particular adventure
indefinite adventures
b)
perpetual adventures
c)
different adventures
d)
The Indian Contract Act, 1872 includes the penal provisions in case of breach of
32.
contract.
True
False
a)
Cross-word competitions
b)
Horse-race
Lottery
c)
Match Fixing
d)
96
a)
in writing
b)
definite
c)
unconditional
uncertain
d)
Marks : 2
a)
Commerce
Art
b)
Religion
c)
Associations
d)
Marks : 2
a)
with a benevolent purpose
c)
where any one of the partners is entitled to total profit earned
d)
a)
c)
same sense and same issue agreement
39. Section 10 of the Indian Contract Act, 1872 applies to contract of sale.
True
False
a)
c)
The capital clause
Marks : 2
True
False
Marks : 2
True
False
True
False
99
44. The membership of the association of company shall cease on the dissolution of the firm.
True
False
a)
Its Managers
b)
Its Shareholders
c)
In its corporate name
Marks : 2
46. The law relating to sale of immovable goods is contained in the Sale of Goods Act,
1930.
True
False
a)
wrongful use of the trade mark
c)
100
d)
49. An unregistered firm can bring an action in any court of Law against
a)
c)
a partner who wrongfully deals with the assets of the firm
a partner who uses the firm name for gaining personal profits
d)
a)
c)
there must be an association of two or more persons
a)
object of the offer
101
b)
repercussions which will ensure the offer
d)
53. Documents to be presented for the registration of a company with the registrar are
a)
c)
The agreement, if any
True
False
13.
1. Remission 1. Sector 63
80
a)
the agreement
b the contract subject to a specific conditions
)
the subject matter of the thing
c) the substance of the thing which is subject matter of
the agreement
d
)
a)
Repudiate the contract
b Modify the contract
)
Recind the contract
c)
Rectify the contract
d
)
Company
based on
ownership
is
a)
Unlimited
company
b
) Public
company
c)
Statutory
company
d
) Company
limited by
shares
An agreement to agree in
future is not a contract.
True
103
False
a)
a partner who steals the
property of the partnership firm
b
) a partner who purposely
damages the property of the
c) partnership firm
a partner who wrongfully
d deals with the assets of the firm
)
a partner who uses the firm
name for gaining personal profits
a)
acquire movable property
on behalf of the firm
b
) admit any liability in a suit
or proceedings against the
c) firm
transfer movable property
d belonging to the firm
)
withdraw a suit or
proceeding filed on behalf of
the firm
The company does not possess still it is a person in the eyes of law.
a)
after the death of the holder
b during life time of the holder
)
neither in life time nor after
c) death
a)
compensatory
damages
b
) vindictive damages
c) exemplary
damages
d nominal damages
)
a)
Division of
profits
b
) Bifurcation of
profits
c)
Surety of profits
d Sharing of
) profits
According to Salmond and , a promise without consideration is a gift and one made with
consideration is a bargain.
Which of the following is not a mode of revocation of proposal ?
a)
By
notice of
b revocation
)
By
c) acceptor
going
bankrupt
d
) By
lapse of
time
prescribed
to accept
it
By
promoting
the
contract
The object of the Consumer Protection Act of 1986 is to educate the people so that they can find out
a)
a
partner
b who steals
) the
property of
c) the
partnership
d firm
) a
partner
who
purposely
damages
the
property of
the
partnership
firm
a
partner
who
wrongfully
deals with
the assets
of the firm
a
partner
who uses
the firm
name for
gaining
personal
profits
In the absence of usage or custom of trade to the
contrary, the implied authority of a partner does not
empower him to
a)
acquire movable property on
behalf of the firm
b
) admit any liability in a suit or
proceedings against the firm
c)
transfer movable property
belonging to the firm
d
) withdraw a suit or
proceeding filed on behalf of the
firm
106
True/False
Question Communication is a process of achieving understanding between people
Correct Answer True
True/False
Question The sender of the message decodes the message
Correct Answer False
True/False
Question Horizontal communication is between superiors and subordinates
Correct Answer False
Question Many times good plans don’t see the light of the day due to non-cooperation on the part of
Correct Answer Executive
True/False
Question Vision is the ability to see opportunities
Correct Answer True
True/False
Question Telesales is generating and qualifying new leads for closure by another sales channel
Correct Answer False
The great thing in this world is not so much where we are but in what direction we are going
Do not allow your present position no matter how limited to rob you of your vision
True/False
Question Tele prospecting is calling customers to maintain and nurture key account relationships
Correct Answer False
True/False
Question Getting rid of essential tasks is one of the key to effective time management
Correct Answer False
True/False
Question People who have the ability to build relationships have the ability to listen attentively
Correct Answer True
True/False
Question A manager should think about the present and not aboutthe future
Correct Answer False
In personal contact you have much more command over the receivers attention
In face to face communication once you make contact with the audience
there is no time lag between the transmission of the message and its reaction
True/False
Question All kinds of Stress can be avoided
Correct Answer False
True/False
Question People react similarly to stress
Correct Answer False
True/False
Question To avoid stress stay away from things that are negative
Correct Answer True
True/False
Question In a Negotiation both the parties have pre-determined goals
112
True/False
Question House journals are a type of oral communication.
Correct Answer False
True/False
Question While writing memos the writer needs to be concerned about the sensitivity of the wordings.
Correct Answer False
True/False
Question Major uses of staff reports are the branches of Armed forces.
Correct Answer False
True/False
Question Vision is inborn.
Correct Answer False
Seer Spiritualist
Achievements Accomplishments
Ways to prevent interruption To put someone between you and the people
True/False
Question Thinking and planning ahead wastes time
Correct Answer False
True/False
Question Getting organised is the solution for not wasting time on lost items
Correct Answer True
True/False
Question Planning ahead will eliminate the wastage of time due to unexpected delays
Correct Answer True
Question Due to effective ________ the manager comes to know the hidden ability of his subordinates
Correct Answer Communication
True/False
Question The basic function of any business organisation is planning, organising, staffing, directing and
controlling
Correct Answer True
True/False
Question There are two types of presentation
Correct Answer True
True/False
Question Memorandums cannot be structured in email system.
Correct Answer False
True/False
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True/False
Question The complimentary close of a letter must agree in tone with salutation.
Correct Answer True
True/False
Question Reports play a very important role in business organisation especially for checking
performance.
Correct Answer True
True/False
Question Tele coverage is taking order from catalogue or ads and outbound calling.
Correct Answer False
True/False
Question be adopted
Correct Answer True
True/False
Question Vision should be based on talents,dreams,hopes and passion.
Correct Answer True
True/False
Question Management can function smoothly without Communication
Correct Answer False
Communicator Receiver
True/False
Question Progress reports are formal in nature.
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True/False
Question Beginnings of uninvited proposals should be good as to interest the receiver.
Correct Answer True
True/False
Question Advancing at the expense of others may hurt you in the long run
Correct Answer True
True/False
Question Snap reaction is a type of physical barrier
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True/False
Question Letter's close lacks the outgoing friendliness.
Correct Answer False
True/False
Question Delegation is the special ability to recognise your own special abilities and limitations
Correct Answer False
True/False
Question Without defined goals success is attainable
Correct Answer False
True/False
Question The potential for good relationship increase when we begin to focus on ourselves.
Correct Answer False
Agreement Commitment
Interaction Interface
True/False
Question Report plays an important role as a vehicle of communication.
Correct Answer True
True/False
Question Vision is an idea about how your present should be
Correct Answer True
True/False
Question One year of our life is lost searching things
Correct Answer True
True/False
Question Communication is not a continuous process
Correct Answer False
True/False
Question Policies and directives are more formal than other internal communication.
Correct Answer True
True/False
Question The inside address of the letter and the address on the envelope are different.
Correct Answer False
Credibility Consistence
Correct Answer Trust/distrust between the parties , Each part to be communicated clearly between parties ,
Goals and interest of the parties
True/False
Question Advertising materials like leaflets,giveaways,labels are included in house journals.
Correct Answer False
True/False
Question In face to face settings people are simultaneously senders and receivers of information
Correct Answer True
True/False
Question A goal which is not measurable increases motivation
Correct Answer False
True/False
Question Relationships have to be mutually beneficial and healthy to both the parties.
Correct Answer True
True/False
Question It is not necessary to admit error when we are wrong
Correct Answer False
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True/False
Question Written communication is a two way process.
Correct Answer False
True/False
Question All kinds of stress are negative
Correct Answer False
True/False
Question All companies use printed memorandum stationary for processing memorandum.
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True/False
Question Printing house journals maintain public relations within the organisation.
Correct Answer True
True/False
Question The shortcomings of oral communication has paved the way for use of written communication.
Correct Answer True
True/False
Question House journals are used by organisations for public circulation.
Correct Answer False
Question The best way in a positive relationship is to admit when you are ________.
Correct Answer Wrong
True/False
Question Inside address consists of the name and address of the sender.
Correct Answer False
Memorandum Memo
Proposals Invited
Salutation greeting
True/False
Question Goals force us to plan ahead
Correct Answer True
True/False
Question Written communication is two-way process
Correct Answer False
True/False
Question House journals are types of oral communication
Correct Answer False
True/False
Question One way communication informs the receiver whereas two way communication is an exchange of
information
Correct Answer True
True/False
Question By trying to identify potential problems at the onset, it becomes possible to prevent many more in
near future
Correct Answer True
True/False
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Question Poor working condition of microphone, telephone etc are types of psychological barriers
Correct Answer False
True/False
Question you have risen in management structure
Correct Answer True
True/False
Question A report is made after thorough enquiry.
Correct Answer True
True/False
Question Successful people employ a strategy of priorities to manage their time
Correct Answer True
True/False
Question Fat , round and soft body type would be endomorph
Correct Answer True
True/False
Question WWW is an electronic brochure for an organisation.
Correct Answer True
True/False
Question Charts,Film slides,transparencies are types of audio aids
Correct Answer True
True/False
Question When you become a manger you can change things anddo things differently
Correct Answer True
True/False
Question Post Scripts should be used very frequently in letters
Correct Answer False
True/False
Question Face-to-face communication is the richest type of communication channel
Correct Answer True
True/False
Question Goal setting is a one time activity
Correct Answer False
True/False
Question In the resistance stage your body prepares for the stressor and prepares to fight or flight
Correct Answer False
True/False
Question Human body reacts to stress in 3 stages
Correct Answer True
True/False
Question Upward communication is communication from superior to subordinates
Correct Answer False
True/False
Question The formality requirement of proposals are always the same.
Correct Answer False
True/False
Question Memorandums do not require preliminary explanation , justification and persuasive strategy.
Correct Answer True
True/False
Question The whole concept of achieving success begins with how you think
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Feedback message the core part of business communication which is an action oriented affair
True/False
Question Success is achieved by men and women of caution.
Correct Answer False
People The average executive spends 3/4 day dealing with them
True/False
Question If a person tries to keep all his options open while pursuing his vision he will not make
progress.
Correct Answer True
True/False
Question The simplest proposal resembles memorandum.
Correct Answer True
True/False
Question Manager communicates the vision of the company to his team mates
Correct Answer True
True/False
Question Goals promote enthusiasm in an organisation
Correct Answer True
True/False
Question There will be confusion and discomfort if speech and gestures are properly coordinated
Correct Answer False
True/False
Question In business organizations barriers arise because of setup.
Correct Answer True
True/False
Question Mission must be tough but achievable and must be possible to tell when it has been achieved.
Correct Answer True
True/False
Question Feedback is immediate in business organization.
Correct Answer True
True/False
Question No visual aid should be kept on for too long.
Correct Answer True
True/False
Question Vision has nothing to do with prediction but everything to do with hope.
Correct Answer True
True/False
Question Technical language should not be used while writing the minutes of the meeting.
Correct Answer True
True/False
Question Delegation is the special ability to recognize your own special abilities and limitations.
Correct Answer True
True/False
Question One party is more than enough to have negotiation.
Correct Answer False
TO BE ANSWERED
Visual aids are used to emphasize the most vital points of the presentation
True / False
The largest single cost in most businesses is Premises / Assets / Infrastructure / People
Tension / Stress / Strain / Distress can prompt people to find a better way of doing things
c) Study Geography
d) Study other cultures
prevent stress one should develop a proper Way Perspective Perception Vision
Many speakers write and learn entire speeches in Writing Extempore Reading Memorize type of
presentation
Indirect
Linear memo
Projective listener is :-
He gives time and patience to listen to speaker
He tries to probe the feelings and emotions of the speaker
He tries to positively understand the views of speaker
The listener does not show interest in the subject with a preconceived notion that it is difficult to understand
What is projection?
It is the way in which we individually interpret messages from other people or resources
It is a process in which a general impression which is favourable or unfavourable is used by judges to evaluate
specific traits
It is tending to attribute one's own undesirable personal traits to another.
It is generalising about a class or people or events that is widely held by a given culture.
The official record of the proceedings and decision of the meeting is called Agenda/ Review/ Minutes/
Summary.
1. Minutes are written soon after the meeting so that 1. Clarify and not to puzzle the reader
2. Minutes of a meeting are a proof that it took place 2. Strives for agreement, controls men and time
3. Minutes of a meeting should be 3. It helps to hold participants to their promises
4. The aim of minutes of a meeting is to 4. Uphold correct procedure, strive for agreement and
minimize conflict between group members
5. Events are fresh in the mind and acts as a future reference
6. Clear and objective
Prescience means :-
Knowledge of the past
Knowledge about the future
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