Symbiosis International Education Centre 2007 Post Graduate Diploma Business Law-(Attempt-2)-2006 - Question Paper

Your ans a partner who steals the property of the partnership firm , a partner who purposely damages the property of the partnership firm


Multiple option Single ans
ques. Where future Negotiability of Negotiable Instrument is restricted such endorsement is called
accurate ans restrictive endorsement
Your ans restrictive endorsement


Multiple option Multiple ans
ques. Jurisdictions of the National Commission are
accurate ans Monetary , Appellate , Supervisory and Revisional
Your ans Monetary , Appellate , Supervisory and Revisional


Multiple option Multiple ans
ques. An unregistered firm can institute a suit against
accurate ans wrongful use of the trade mark , wrongful use of the firm name
Your ans wrongful use of the trade mark , wrongful use of the firm name


Multiple option Multiple ans
ques. In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to
accurate ans acquire movable property on behalf of the firm , transfer movable property belonging to the firm
Your ans acquire movable property on behalf of the firm , transfer movable property belonging to the firm


Multiple option Multiple ans
ques. In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to
accurate ans Acquire movable property on behalf of the firm , transfer movable property belonging to the firm
Your ans Acquire movable property on behalf of the firm , transfer movable property belonging to the firm


Match The subsequent
Question Correct Answer Your ans

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



Multiple option Multiple ans
ques. A company is a legal personality and as such it can
accurate ans Own its property in its own name , Enjoy its property in its own name , Dispose of its property in its own name
Your ans Own its property in its own name , Enjoy its property in its own name , Dispose of its property in its own name


Multiple option Multiple ans
ques. Following are the persons who cannot enter into partnership firm
accurate ans A Burmese Buddhist husband and spouse carrying on business , the members of Hindu Undivided Family carrying on Family business

Earning:   Approval pending.