Legal Aspects of Business MCQs

Commerce Objective Questions

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820. Appointment Committee of Central Chief Information Commissioner (CIC) includes

A. Prime Minister

B. leader of the opposition in the Lok Sabha

C. one Union Cabinet Minister to be nominated by the Prime Minister

D. All of the above

821. What does 'I' in IGST stands stand for?

822. Which of the following is an essential of contract of sale?

B. Sale of goods only

C. Transfer of ownership

D. All of these

823. When is the promise said to be an express promise?

A. When the proposal or acceptance of any promise is made through visual representation

B. When the proposal or acceptance of any promise is made in any way other than words

C. When the proposal or acceptance of any promise is made in words

D. When the proposal or acceptance is made by either in words or in any way other than words

824. Who is the Vice Chairperson of GST Council?

A. Union Minister of State in charge of Revenue of Finance

B. Any State Finance Minister

C. Nominated by Govt

D. Selected by the Council from Members

825. When liability of a party under an instrument comes to an end, he is said to be

D. None of these

826. Doctrine of Indoor Management is referred to as:

A. Golden legacy

B. Turquand rule

C. Ejusdem generis rule

D. None of these

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