Match the List-I with List-II
LIST I LIST II A. Transfer of ownership I. Negotiable Instrument B. Sale of goodwill after dissolution II. Contract of Sale of Goods C. Buy back of shares III. Dissolution of Partnership Firm D. Promissory Note IV. Share Capital of Company
Choose the correct answer from the options given below:
Matching Legal Concepts: List I with List II
The question requires matching specific business and legal concepts from List-I to their corresponding definitions or contexts in List-II.
A. Ownership Transfer: Contract of Sale
The 'Transfer of ownership' is a primary concept dealt with in the Contract of Sale of Goods. This contract defines how property in goods passes from the seller to the buyer.
Therefore, A matches with II.
B. Goodwill Sale: Dissolution of Partnership
The 'Sale of goodwill after dissolution' relates specifically to the process and consequences of winding up a partnership business, which falls under the Dissolution of Partnership Firm.
Therefore, B matches with III.
C. Share Buy-back: Company Share Capital
A 'Buy back of shares' is a transaction where a company repurchases its own shares. This action directly affects the company's Share Capital structure.
Therefore, C matches with IV.
D. Promissory Note: Negotiable Instrument
A 'Promissory Note' is a written promise to pay a specific sum of money. It is a key example of a Negotiable Instrument, which can be transferred from one person to another.
Therefore, D matches with I.
Correct Matching
Based on the analysis, the correct matching is:
- A - II
- B - III
- C - IV
- D - I
This corresponds to Option A.
Important Questions from Business Environment and International Business
G20 Summit (2023) Proposed which Economic corridor including shipping and rail lines?
- According to eclectic theory of foreign direct investment, foreign direct investment will occur under which of the following conditions when they are to be uniquely combined?
A. Ownership
B. Location
C. Market power
D. Internationalization
E. Vertical integration
Choose the most appropriate answer from the options given below : - For Forigen Direct Investment, it is argued that a location in question attracts FDI because it combines the unique advantage of which of the following conditions?
A. Internalisation Advantage
B. First Mover Advantage
C. Knowledge Advantage
D. Ownership Advantage
E. Location Advantage
Choose the correct answer from the options given below: - Which of the following are the reasons for substitution between domestic and MNC goods?
A. Increased knowledge of foreign products due to international information revolution
B. No need to conduct advertising campaigns
C. Transportation costs having fallen to very low levels for most products
D. Restricted international travel
E. Tastes are consistent at the global level
Choose the correct answer from the options given below: - Match List I with List II
List I List II Nature of Business Activity FDI Permitted under Automatic Route A. Trading in Transferable Development Rights (TDR) I. 49% B. Multi-Brand Retail Trading II. Prohibited C. Satellite (Establishment and Operations) III. 51% D. Petroleum Refining (by PSUs) IV. 100%
Chose the correct answer from the option given below:
