LAW AND ETHICS MCQ 8

Find below Law and Ethics MCQ

  • A factory employs 250 workers. All the workers including workers above 60 years of age and below 15 years of age went on strike. The employer
    • can deduct fine from all the workers
    • cannot deduct fine from workers who are under the age of 15
    • no fine can be imposed from workers who are 60 years and above
    • cannot deduct any fine from any worker.
  • Permanent disablement benefit is paid at the rate of  of wages.
    • 120%
    • 100%
    • 79%
    • 90%
  • Workers will be entitled to overtime wages if they have worked for more than
    • Forty-eight hours in any four week
    • Forty-eight hours in any three week
    • Forty-eight hours in any two week
    • Forty-eight hours in any week
  • Appropriate Government reviews the rates of minimum wages within:
    • 2 years
    • 4 years
    • 5 years
    • 6 years
  • Anchal purchased a motor car from Kamal who had no title to it. Anchal used the motor car for several months. True owner spotted the motor car and demanded it from Anchal. In such case
    • Anchal is bound to hand-over the motor car to true owner.
    • Anchal is not bound to return the motor car to true owner as she has paid in full settlement to Kamal.
    • Anchal shall advise true owner to approach Kamal.
    • True owner has no right to claim either from Anchal or from Kamal.
  • Which of the following agreement is wagering agreement under the Indian Contract Act, 1872?
    • Crossword competition involving application of skill and knowledge.
    • Contract of Insurance.
    • A promise to pay B 1,000 if it rains on Monday.
    • A agrees to pay B 1,000 if he marries C.
  • Under Sale of Goods Act, which of the delivery of goods is called as delivery by attornment?
    • Actual
    • Symbolic
    • Constructive
    • Physical
  • Where the price of the goods under a contract of sale is to be fixed by the valuation of a third party who fails to fix the valuation, but goods are supplied to the buyer, under section 10 of the Sale of Goods Act, 1930, the buyer is
    • liable to pay the reasonable price of the goods.
    • liable to pay the minimum price of the goods.
    • not liable to pay any price until fixed by the valuer.
    • liable to pay the maximum retail price.
  • Under Factories Act, 1948, where work of the same kind is carried out by two or more sets of workers during different period of the day, each of such period is called a
    • Relay
    • Shift
    • Recess
    • Overtime
  • Under Payment of Wages Act, 1936, deduction on account of payment to cooperative societies shall not be more than
    • 50% of wages
    • 75% of wages
    • 90% of wages
    • 60% of wages
  • Under Employee‘s State Insurance Act, in order to qualify for sickness benefit, the insured worker is required to contribute for
    • 70 days in a contribution period of 6 months.
    • 78 days in a contribution period of 3 months.
    • 91 days in a contribution period of 3 months.
    • 78 days in a contribution period of 6 months.
  • Ankit purchased goods worth ` 20,000 from Anuj. In lieu of cash payment, Ankit accepted a bill of exchange of ` 20,000 to be payable after three months. This is an example of
    • Accommodation Bill
    • Fictitious Bill
    • Genuine Bill
    • Documentary Bill
  • Under the Negotiable Instruments Act, 1881, whether acceptance of a bill of exchange in the following situation shall be treated as qualified acceptance where the acceptor
    • undertakes to pay only `10,000 for a bill drawn for `15,000.
    • declares the payment to be independent of any other event.
    • writes, ‘Accepted, payable at ABC Bank’.
    • writes, ‘Accepted, payable at Delhi’.
  • When a partnership firm is continued even after the expiry of fixed term is called
    • Perpetual partnership
    • Fixed partnership
    • Contract partnership
    • Partnership at will
  • A person who is not a partner of a Partnership Firm, but he may liable for firm’s debt as if he was a Partner. Such a person is called
    • Nominal Partner
    • Sleeping Partner
    • Partner by estoppels
    • Partner for profit only
  • Under Companies (Registration Offices and Fees) Rules, 2014, every foreign company shall file with the Registrar of Companies along with the financial statement in form —————— which belong to the list of all the places of business established by the foreign company in India.
    • FC 4
    • FC 2
    • FC 1
    • FC 3
  • Business ethics are needed to create a faith about the quality, quantity, price etc. of products. The customers have more trust and faith in the businessmen who follow ethical rules. They feel that such businessmen would not cheat them. Which one of the following is appropriate for it?
    • Safeguarding consumers right
    • Improve customers confidence
    • Survival of business
    • Consumer movement
  • Holders of public office should not place themselves under any financial or other obligation to outside individuals or organizations that might influence them in the performance or their official duties. This principle of public life is called
    • Selflessness
    • Honesty
    • Objectivity
    • Integrity
  • There are many types of ethical conflicts in the
    • Business place
    • Office place
    • Work place
    • Public place
  • Which one of the following is said to be ―unethical behavior?
    • Encouraging communication
    • Adulteration
    • Employees awareness
    • Objectivity
  • A contract creates
    • jus in personam.
    • jus in rem.
    • only rights and no obligations.
    • only obligations and no rights.
  • Provisions of EPF &Misc Provisions Act 1952 are applicable to Cinema/Theatre employing
    • 10 or more persons.
    • 20 or more persons.
    • 5 or more persons.
    • 15 or more persons.

For Blogger Post – https://pnautiyal.blogspot.com/2020/04/cma_6.html
For for LAW and Ethics MCQ

Leave a Comment

//zuphaims.com/4/3629851