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. Which of these is an external form of communication? Staff meeting Emails to customers Memos to employees Internal reports None 2. Which of the following is not a component of the communication process? Sender Message Transaction Feedback None 3. In communication, the term "barrier" refers to: Anything that hinders the process of communication A support system for communication The medium used for communication The feedback mechanism None 4. Which of these is a downward communication example? Employee to Manager Manager to Team Team Member to Team Member Customer to Company None 5. The term "non-verbal communication" does not include: Gestures Body language Written memos Facial expressions None 6. Active listening involves: Focusing on the speaker Responding thoughtfully Avoiding interruptions All of the above None 7. Which of the following is a characteristic of formal communication? Casual tone Adherence to organizational structure Spontaneous flow Unstructured interaction None 8. What is the main purpose of horizontal communication? To give instructions To solve problems and coordinate To establish authority To receive feedback None 9. In which type of communication is body language most effective? Written communication Verbal communication Face-to-face communication Telephonic communication None 10. Which of the following is an informal communication channel? Official meeting Organizational emails Grapevine Board meetings None 11. Who is eligible to sue under the Consumer Protection Act? Only a registered consumer Any individual who purchases goods or services A business entity None of the above None 12. What is the meaning of "agency by estoppel"? Agency created through written agreement Agency implied from the conduct of parties Agency created by operation of law Agency formed by stopping an agreement None 13. Which of the following is not a characteristic of a negotiable instrument? Transferability Written form Must be attested by a notary public Unconditional order or promise None 14. An offer is revoked when: The offer is rejected by the offeree The offeree gives a counteroffer The offeror withdraws it before acceptance All of the above None 15. Which one of the following statements is true? A minor cannot be a partner in a partnership firm A minor can be admitted to the benefits of the partnership A minor can sue for losses in a partnership firm A minor can form a partnership firm None 16. Goods that are not in existence at the time of the contract are known as: Specific goods Future goods Contingent goods Unascertained goods None 17. Under the Sale of Goods Act, a condition is: A minor term in a contract A major term essential to the contract A recommendation for sale A penalty clause None 18. Which of the following terminates an agency? Death of the principal Completion of the agency purpose Mutual agreement All of the above None 19. In contract law, consideration must be: Adequate in all cases At the discretion of the court Of some value in the eyes of the law In monetary terms only None 20. What is the primary objective of arbitration? Increase litigation Provide an alternative dispute resolution mechanism Replace courts Reduce the number of contracts None 21. Which of the following is true about a void contract? It is unenforceable by law It is binding on the parties It can be enforced by the court It can be validated by mutual consent None 22. Which of the following is not an essential element of a valid contract? Lawful object Agreement Competent parties The contract must be in writing None 23. Which type of contract is enforceable by law? Void contract Voidable contract Bilateral contract Unilateral contract None 24. Which of the following is a consequence of breach of contract? Performance of the contract Remedy in the form of damages Transfer of ownership of goods Novation of contract None 25. A contract made by fraud is: Voidable at the option of the defrauded party Void from the start Valid Enforceable by the defrauding party None 26. An agreement made under a mistake of fact Void Voidable Valid Enforceable by the party who made the mistake None 27. Which of the following is an example of "impossibility of performance" under contract law? The contract was not written The performance is illegal The performance is too expensive The contract involves a minor None 28. In a sale of goods contract, the term "goods" refers to: Tangible items only Intangible items Both tangible and intangible items Only real property None 29. Which of the following is true about a cheque? It is a type of bill of exchange It is a negotiable instrument It is always payable on demand All of the above None 30. A minor’s agreement is: Valid Voidable Void ab initio Illegal None 31. Which of the following is an example of formal communication? Grapevine Report writing Casual chat Gossip None 32. Which of the following is NOT a disadvantage of oral communication? Lack of record Time-consuming Misunderstanding due to poor clarity Immediate feedback None 33. Which communication medium provides a permanent record of communication? Face-to-face conversation Telephonic conversation Written communication Non-verbal communication None 34. Which of the following best describes "non-verbal communication"? Communication through body language Communication via written text Communication through emails Communication via telephone None 35. The process of encoding in communication means: Sending the message Decoding the message Choosing the communication medium Converting the message into symbols or language None 36. Which of the following is NOT a feature of a good business letter? Clarity Courteous language Informal tone Conciseness None 37. Which of these is an example of upward communication? Subordinate reporting to manager Manager giving instructions to employees Team member reporting to peer Communication with external stakeholders None 38. The primary goal of business communication is to: Sell products Build personal relationships Share information for decision-making Entertain None 39. Which type of communication occurs between people in the same organizational level? Horizontal communication Vertical communication Upward communication Diagonal communication None 40. Which of the following is a key barrier to effective communication? Active listening Cultural differences Using simple language Clear articulation of ideas 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!