Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Fundamentals of Business Laws and Business CommunicationsTotal Number of Question: 40Time: 41 MinutesPlease check your email after completion of test for result.All the best... Name Phone No Email State 1. An agreement to do an impossible act is: Void Valid Voidable Illegal None 2. When a person makes a false statement with an intent to deceive, it is called: Undue influence Coercion Misrepresentation Fraud None 3. A valid contract must have: Legal purpose Free consent Competent parties All of the above None 4. Which of the following agreements is not enforceable by law? A wagering agreement A contract of sale A contract with lawful consideration A partnership agreement None 5. Consideration must move at the desire of: The promisor The promisee Both parties None of the above None 6. In a contract of sale, if the goods are destroyed without the fault of either party, the contract is: Void Valid Voidable Illegal None 7. Delivery of goods means: Transfer of ownership Transfer of possession Payment of price All of the above None 8. The sale of perishable goods is an example of: Implied condition Implied warranty Specific condition None of the above None 9. In an auction sale, the property in goods is transferred to the buyer: When the auction begins When the hammer is struck When payment is made On delivery of goods None 10. The unpaid seller has the right of: Lien Stoppage in transit Resale All of the above None 11. The payee of a negotiable instrument is: The maker The person to whom the payment is made The person issuing the instrument None of the above None 12. Which of the following is not a negotiable instrument? Promissory note Cheque Fixed deposit receipt Bill of exchange None 13. A cheque that is crossed means: It cannot be encashed over the counter It is invalid It must be endorsed It must be paid only to the payee None 14. A post-dated cheque is: Valid after the mentioned date Invalid immediately Payable on demand Illegal None 15. The negotiable instrument that can be transferred without endorsement is: Order cheque Bearer cheque Promissory note Bill of exchange None 16. A deficiency in service refers to: Fault in goods Failure in providing promised services Hazardous goods None of the above None 17. The District Consumer Forum entertains claims up to: ₹50 lakh ₹1 crore ₹2 crore ₹5 crore None 18. Which of the following remedies is available under the Consumer Protection Act? Refund of price Replacement of goods Compensation for damages All of the above None 19. The right to be informed under the Consumer Protection Act refers to: Knowing the price Knowing the quality and quantity of goods Knowing the safety of goods All of the above None 20. A complaint under the Consumer Protection Act can be filed: At the place of residence of the complainant Any of the above At the place where the cause of action arises At the place of business of the opposite party None 21. Effective business communication is achieved when: It is formal It is understood by the receiver It is lengthy It is one-way None 22. Business communication can be: Formal Informal Both (A) and (B) None of the above None 23. The downward flow of communication is From manager to employees From employees to manager Among peers Outside the organization None 24. An effective business report should be: Concise and clear Attractive but lengthy Detailed but vague None of the above None 25. Noise in communication refers to: Background music Any barrier to effective communication A sound in the environment None of the above None 26. Written communication is effective when: It uses complex words It is clear and organized It is lengthy It is one-sided None 27. A good email must include: A clear subject line Proper salutation and closing Relevant attachments (if required) All of the above None 28. Grapevine communication is often: Informal Accurate Restricted to written messages Formal None 29. Which of the following is an oral communication method? Meetings Emails Memos Circulars None 30. Feedback in communication ensures: Completion of the communication process Clarity in communication Understanding between sender and receiver All of the above None 31. Active listening includes: Interrupting frequently Giving undivided attention Ignoring body language Writing notes only None 32. The 7 Cs of communication include: Clarity, Correctness, and Completeness Conciseness and Consideratio Courtesy and Concreteness All of the above None 33. Informal communication can: Create misunderstandings Boost morale Spread rumors All of the above None 34. A good presentation involves: Use of visuals Proper time management Audience engagement All of the above None 35. Which of the following is an example of formal communication? Memo Circular Notice All of the above None 36. Reducing communication barriers involves: Avoiding assumptions Active listening Providing feedback All of the above None 37. A business letter should avoid: Jargon Politeness Conciseness Clarity None 38. Formal communication is usually: Documented Oral Casual Rumor-based None 39. Communication across departments is: Horizontal communication Downward communication Upward communication Informal communication None 40. A summary of discussions in a meeting is called: Agenda Minutes Circular Report None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test.Look out for results and future opportunities.Stay Connected !! Your quiz time is about to finish. Few seconds left. 1 2 3 4 Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
