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 in restraint of trade is: Valid Void Voidable Enforceable None 2. Under the Indian Contract Act, a wagering agreement is: Valid Voidable Void Enforceable with conditions None 3. A promise to pay time-barred debt must be: Oral Written and signed Implied None of the above None 4. The consideration must be: Real and lawful Adequate Future-based only Irrelevant in contracts None 5. Quasi-contracts are based on: Offer and acceptance Legal obligations Agreement between parties None of the above None 6. n a contract of sale, the seller transfers: Only possession Ownership and possession Rights without delivery Goods without warranty None 7. The term "warranty" in the Sale of Goods Act refers to: A major condition A stipulation collateral to the contract Ownership transfer None of the above None 8. If goods are stolen from the seller and sold to a buyer: The sale is valid The true owner can recover the goods The buyer gets good title None of the above None 9. In case of unpaid seller's lien, the seller can: Retain possession of the goods Resell the goods Both (A) and (B) None of the above None 10. A sale under the Sale of Goods Act must include: Delivery only Price only Transfer of ownership for a price Possession only None 11. A negotiable instrument payable to "order" means: Payable to a specific person Payable to any bearer Payable only to the drawee None of the above None 12. The act of crossing a cheque ensures: It is non-transferable It can be encashed by the payee only through a bank It is invalid None of the above None 13. A post-dated cheque is: Valid after the mentioned date Invalid immediately Payable on demand Illegal None 14. The maturity date of a bill is determined: By adding 3 days of grace Excluding public holidays Including weekends None of the above None 15. When a negotiable instrument is dishonored, the holder can: Issue a notice of dishonor Sue the drawer for damages Both (A) and (B) None of the above None 16. The right to consumer education ensures: Knowledge about goods and services Awareness of consumer rights Understanding of grievance mechanisms All of the above None 17. The Consumer Protection Act allows filing complaints for: Defective goods Deficient services Unfair trade practices All of the above None 18. Which of the following is not a consumer right? Right to safety Right to consume unhealthy goods Right to choose Right to be informed None 19. A complaint can be filed under the Consumer Protection Act within: 30 days 1 year 2 years from the date of the cause of action 5 years None 20. The National Consumer Disputes Redressal Commission hears complaints involving: Amounts exceeding ₹10 crore All complaints Complaints rejected by the District Forum None of the above None 21. Which is the most common form of business communication? Oral o Written Visual Non-verbal None 22. Communication is said to be effective when: The sender feels confident The receiver understands the message as intended It is delivered quickly It is lengthy None 23. A business report should: Be lengthy and detailed Be clear and concise Contain ambiguous terms Be informal None 24. A formal meeting agenda includes: Purpose of the meeting Topics to be discussed Time and location All of the above None 25. Feedback is important in communication because: It ensures mutual understanding It completes the communication cycle It helps clarify doubts All of the above None 26. Grapevine communication is often: Informal Accurate Restricted to written messages Formal None 27. An upward communication flow example is: Subordinates reporting to managers Instructions from top management Grapevine communication Horizontal communication None 28. Active listening requires: Avoiding distractions Giving full attention Providing feedback All of the above None 29. Written communication is preferred for: Legal documents Business proposalsAll of the above Financial reports All of the above None 30. Visual communication includes: Charts and diagrams Graphs and videos Both (A) and (B) None of the above None 31. Horizontal communication happens between: Employees at the same level Manager and subordinates Subordinates and clients None of the above None 32. Non-verbal communication includes: Gestures Facial expressions Posture and eye contact All of the above None 33. A good presentation involves: Use of visuals Audience engagement Clear delivery of message All of the above None 34. A memorandum is used for: External communication Advertising Internal communication None of the above None 35. Communication barriers include: Language differences Cultural barriers Physical noise All of the above None 36. The term "encoding" refers to: Sending a message Deciphering a message Converting thoughts into a message None of the above None 37. Business communication should be: Clear and concise Purposeful and polite Accurate and complete All of the above None 38. Feedback in communication helps: Confirm understanding Complete the process Resolve misunderstandings All of the above None 39. An informal communication method is: Grapevine communication A business memo A legal notice An office circular None 40. Minutes of a meeting should include: Key discussions Decisions taken Action items All 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!
