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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SARFAESI ACT, 2002

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO SARFAESI ACT, 2002 1. What is the primary objective of the SARFAESI Act, 2002? A. To regulate foreign investments B. To facilitate securitization and reconstruction of financial assets C. To promote agricultural development D. To regulate stock market transactions Answer: B. To facilitate securitization and reconstruction of financial assets […]

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO GENERAL BUILDING RULES AND REGULATIONS

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO GENERAL BUILDING RULES AND REGULATIONS Which of the following documents outlines the minimum requirements for safe building design and construction? A) Building Bylaws B) Construction Guidelines C) Building Codes D) Architectural Standards Answer: C) Building Codes What do setback regulations determine in construction? A) The distance a building can

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION AND RATE OF CAPITALIZATION IN REAL ESTATE

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITALIZATION AND RATE OF CAPITALIZATION IN REAL ESTATE What does the capitalization rate in real estate refer to? A) The rate at which a property appreciates over time B) The rate of return on an investment property based on its income C) The rate at which a property’s market

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO EASEMENT ACT, 1882

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO EASEMENT ACT, 1882 What does the Easement Act, 1882 primarily deal with? a) Property disputes b) Rights over properties c) Contractual obligations d) Business agreements Answer: b) Rights over properties Who can acquire an easement according to the Easement Act, 1882? a) Only individuals b) Only companies c) Both

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO THE COMPANIES ACT, 2013

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO THE COMPANIES ACT, 2013 Which body regulates the provisions of The Companies Act, 2013? A) Ministry of Corporate Affairs B) Securities and Exchange Board of India (SEBI) C) Reserve Bank of India (RBI) D) Institute of Chartered Accountants of India (ICAI) Answer: A) Ministry of Corporate Affairs What is

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDEMNITY AND GUARANTEE

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDEMNITY AND GUARANTEE 1. What is the primary difference between indemnity and guarantee? A) Indemnity is a promise to compensate for loss while guarantee is a promise to perform if someone else fails. B) Indemnity involves a promise to perform while guarantee involves compensation for loss. C) Both terms

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO BURDEN OF PROOF

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO BURDEN OF PROOF In a legal context, the burden of proof refers to: A) The responsibility to provide evidence and prove one’s case B) The obligation to listen to witness testimonies C) The duty of the judge to make a decision D) The requirement to file a lawsuit within

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW OF AGENCY

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW OF AGENCY Which of the following best defines the ‘Law of Agency’? a. The relationship between two parties where one party acts on behalf of the other. b. A legal contract between a landlord and a tenant. c. The rules governing corporate mergers. d. None of the above.

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MIS-DESCRIPTION AND MISREPRESENTATION

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO MIS-DESCRIPTION AND MISREPRESENTATION Question 1: Which of the following statements best defines mis-description? A) It involves unintentionally providing incorrect information about a product or service. B) It refers to deliberately altering the description of a product or service to deceive consumers. C) It involves using misleading language that doesn’t

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDEMNITY AND GUARANTEE

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDEMNITY AND GUARANTEE What is the primary difference between indemnity and guarantee? A. Indemnity involves a promise to perform the duty, while guarantee involves compensation in case of loss. B. Indemnity involves compensation for loss, while guarantee involves a promise to perform the duty. C. Both terms are interchangeable

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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO VOID: VOIDABLE AND UNENFORCEABLE CONTRACT

IMPORTANT QUESTIONS /

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO VOID: VOIDABLE AND UNENFORCEABLE CONTRACT Which of the following best describes a void contract? a) A contract that is valid and enforceable b) A contract that is illegal and unenforceable c) A contract that is voidable at the option of one party d) A contract that lacks consideration Answer:

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