Answer sheet for - "New_Assignment_LBE-2" Scored: 0 / 30 Time taken: 6 Sec

1. As per Sale of Goods Act 1930 ?fault? means

As per Sale of Goods Act 1930 ?fault? means

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Wrongful act

Default

Breach of contract

Both a. and b.

comments

2. Which of the following Acts defined the word ?consumer? for the first time?
Which of the following Acts defined the word ?consumer? for the first time?

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The Consumer Protection Act 1986

The Indian Contract Act 1872

The Code of Civil Procedure 1908

The Indian Penal Code 1860

3. In a ?hire purchase? there

In a ?hire purchase? there

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 is a complete transfer of ownership

is no transfer of ownership

may be or may not be transfer of ownership

None of these

4. A company is
A company is

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an artificial person

an invisible person

a legal person

All of these

5. As per Sale of Goods Act 1930 future goods mean

As per Sale of Goods Act 1930 future goods mean

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Goods to be manufactured by the seller after the making of contract.

Goods to be manufactured by the seller before the making of contract.

Goods to be manufactured by the seller in future.

None of the above

6. On the basis of incorporation which of the following are the types of a company?
(i) Chartered company
(ii) Statutory company
(iii) Registered company
Choose the correct answer:
On the basis of incorporation which of the following are the types of a company?
(i) Chartered company
(ii) Statutory company
(iii) Registered company
Choose the correct answer:

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Only (i) and (ii)

Only (ii) and (iii)

Only (i) and (iii)

(i) (ii) and (iii)

7. As per the Indian Partnership Act 1932 the relation of partnership arises from
As per the Indian Partnership Act 1932 the relation of partnership arises from

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An offer

A promise

A contract

A will
8. An employer is liable to pay compensation to a worker in case
An employer is liable to pay compensation to a worker in case

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the worker was employed for more than six months

of occupational disease

Both a. and b.

None of these

9. The Consumer Protection Act 1986 extends to the whole India except
The Consumer Protection Act 1986 extends to the whole India except

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Mizoram

Arunachal Pradesh

Jammu and Kashmir

Nagaland

10. In which year does Information and Technology Act came into force?
In which year does Information and Technology Act came into force?

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2001

2005

1990
11. Which of the following criteria is satisfied for the selection of District Consumer
Forum?
Which of the following criteria is satisfied for the selection of District Consumer Forum?

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A person who is qualified to be a District Judge shall be its President.

One of the members of the forum must be a woman.

A member should not be less than 35 years old.

All of the above

12. The main objective of the Gratuity Act 1972 is to reward the employee?s
The main objective of the Gratuity Act 1972 is to reward the employee?s

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past services

present services

future services

both present and future services

13. Section?2(1)(r) of the Consumer Protection Act 1986 states about

Section?2(1)(r) of the Consumer Protection Act 1986 states about

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Unfair trade practices

14. If the seller is not the real owner of goods then as per the general rule he
If the seller is not the real owner of goods then as per the general rule he

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cannot sell the desired goods to the buyer

can sell the desired goods to the buyer

can only promise to sell the desired goods to the buyer

can only do intermediation to sell the desired goods to the buyer

15. An agreement in which the possession of an asset is transferred from one person
to another but ownership of the asset is not transferred is known as
An agreement in which the possession of an asset is transferred from one person to
another but ownership of the asset is not transferred is known as

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agreement for sale

contract for work

hire purchase

transfer of title