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. A contract with a minor is: Void Voidable Valid Illegal None 2. When the consent of a party is obtained by coercion, the contract is: Void Voidable Valid Illegal None 3. In a contingent contract, performance depends upon: The will of the promisor The occurrence or non-occurrence of a future event Mutual understanding None of the above None 4. A contract is said to be frustrated when: Both parties are dissatisfied It becomes impossible to perform The promisor refuses to perform There is a breach of contract None 5. A valid tender must be: Conditional Unconditional Made at any time None of the above None 6. Goods identified and agreed upon at the time of making the contract are called: Future goods Specific goods General goods None of the above None 7. The risk in goods is transferred to the buyer: When the contract is made On payment of price On delivery of goods When the ownership is transferred None 8. In case of a breach of condition, the buyer can: Repudiate the contract Claim damages Both (A) and (B) None of the above None 9. Unpaid seller’s lien is lost: When goods are delivered to the carrier When the buyer takes possession When the seller waives the lien All of the above None 10. Future goods are: Goods in existence at the time of contract Goods not yet manufactured or acquired Goods identified and agreed upon None of the above None 11. A negotiable instrument can be transferred by: Sale Assignment Delivery or endorsement Mortgage None 12. A bill of exchange is drawn by: Payee Drawee Drawer None of the above None 13. The drawee in case of a cheque is: Drawer Payee Bank Endorsee None 14. A dishonored bill can be: Protested Accepted Endorsed again None of the above None 15. A cheque is dishonored when: Insufficient funds in the account Account is closed Signature mismatch All of the above None 16. The right to consumer education means: Knowing your duties as a consumer Understanding the rights of consumers Knowing remedies available All of the above None 17. A consumer who buys goods for personal use is: A consumer under the Act Not a consumer under the Act A reseller None of the above None 18. The time frame for filing an appeal in the State Consumer Forum is: 30 days 45 days 60 days 90 days None 19. A hazardous good is: Defective but non-dangerous Dangerous to life or property Faulty but repairable None of the above None 20. The Consumer Protection Act, 2019 replaced: Consumer Protection Act, 1986 Competition Act, 2002 Sales of Goods Act, 1930 None of the above None 21. In communication, the term "encoding" refers to: Interpretation of the message Conversion of thoughts into a message Providing feedback Disturbance in communication None 22. The 7 Cs of communication include: Clarity, Conciseness, Courtesy Completeness, Consideration, Concreteness Correctness All of the above None 23. A business report is a type of: Informal communication Written communication Oral communication Verbal communication None 24. The body of a business letter should: Be detailed and clear Contain irrelevant information Be confusing Use excessive jargon None 25. Communication barriers include: Language differences Cultural barriers Physical noise All of the above None 26. An agenda of a meeting includes: List of topics to be discussed List of participants Meeting minutes Both (A) and (B) None 27. Which of the following is an example of horizontal communication? Manager instructing employees Feedback from employees to management Communication between employees at the same level Circular to all employees None 28. Active listening means: Hearing attentively Responding appropriately Avoiding interruptions All of the above None 29. Which of the following is a formal communication method? Office memo Circular Email All of the above None 30. A good presentation should: Be audience-centered Be well-prepared Use visual aids effectively All of the above None 31. Non-verbal communication includes: Gestures Facial expressions Posture and eye contact All of the above None 32. A downward communication example is: Office circular Manager’s instructions to employees Training session conducted by the HR department All of the above None 33. Grapevine communication is a: Formal method Informal method Written method None of the above None 34. Feedback in communication ensures: Completion of communication loop Reduction in misunderstandings Effective communication All of the above None 35. The salutation "Dear Sir/Madam" is an example of: Complimentary close Opening line Salutation in a business letter None of the above None 36. A report’s conclusion should: Summarize findings Provide recommendations Be logical and concise All of the above None 37. Noise in communication is: Any disturbance that interferes with message transmission Feedback from the receiver Encoding of the message None of the above None 38. An internal memo is used for: Internal communication External communication Formal announcements to customers All of the above None 39. Listening with empathy involves: Understanding the speaker’s feelings Giving undivided attention Being patient All of the above None 40. The sender in the communication process is responsible for: Encoding the message Decoding the message Providing feedback None of the above 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!
