This solved paper has been contributed by Raul Castro
THANKS TO : Raul Castro
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LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question The floating policy is not a time policy but the aggregation of voyage policies Correct Answer True Your Answer True Select The Blank Question In some cases, the transaction may not involve a sale. The product may have been ________ or loaned by the owner Correct Answer Leased Your Answer Leased Select The Blank Question In legal phraseology there is no privity of ________ between customer and manufacturer Correct Answer Contract Your Answer Contract Select The Blank Question The unpaid seller has also a ________ interest in them untill the buyer is deemed to have accepted the goods Correct Answer Defensible Your Answer Contingent True/False Question Words which do not describe the character or quality of goods are registerable. Correct Answer True Your Answer False True/False Question The seller pays all the charges upto the loading of goods at the address of buyer Correct Answer False Your Answer True Multiple Choice Multiple Answer Question Arbitration tribunals have been consituted in Correct Answer Poland , Czekoslovakia , Hungary Your Answer Poland , Czekoslovakia , Hungary True/False Question Under through Bills of Lading Covering on Carriage by air, the air consignment is a document of title but bill of lading is not. Correct Answer False Your Answer False Select The Blank Question Copyright protects the ________ of an idea rather than the idea itself. Correct Answer expression Your Answer expression Multiple Choice Single Answer Question In a contrat between A, B Of Bombay and Banglore respectively it may be provided that all dispute between them should be decided by a court in Bombay . Therefore in case B files a suit in Banglore, A may Sucessfully objected to the Correct Answer Juridication of courts in Banglore Your Answer Juridication of courts in Banglore Multiple Choice Single Answer Question The customer and manufacture has no Correct Answer Privity of Contract Your Answer Privity of Contract Multiple Choice Single Answer Question GATT is a multilateral treaty that lays down general rules for the cnduct of Correct Answer International trade relation Your Answer International trade relation Multiple Choice Multiple Answer Question The Institute Cargo clauses B covers the loss of or damage to the subject - matter insured reasonably attributed to Correct Answer Fire or explosion , Discharge of cargo at a port of distress , Earthquake, volcanic eruption or lightening Your Answer Fire or explosion , Discharge of cargo at a port of distress , Earthquake, volcanic eruption or lightening Select The Blank Question The burden of proof for recovery under the insurance is that of the ________ Correct Answer Assured Your Answer Assured True/False Question Term of Registration and renewal increased from 7 to 10 years. Correct Answer True Your Answer True True/False Question Ii is in the public interest to encourage the marketing of the products having defects that can be sold in lower price to the public. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question NewZealan prohibits and restricts certain types of paking like Correct Answer The use of hay , The use of chaff , The use of rice husk Your Answer The use of hay , The use of chaff , The use of rice husk Multiple Choice Single Answer Question The trading Invoice should state the Correct Answer Name and addresses of seller and buyer Your Answer Name and addresses of seller and buyer Multiple Choice Single Answer Question Industrial design is design elements in Correct Answer Industrial produced articles Your Answer Industrial produced articles Match The Following Question Correct Answer Your Answer Legalprotection of computer software Trade secreat system Trade secreat system Expressionof thought Original work Original work Not entitled for copyright protection A mere idea Computer work Novels, drama, poetry Literary work A mere idea Match The Following Question Correct Answer Your Answer The manufacturing process Quality control Quality control Important issue of vertical privity is Who can be sued Who can be sued Sales talk Opinion maticulous precautions An automobile or high speed machinery maticulous precautions The marketing process Multiple Choice Single Answer Question If the seller requires payment before the deferred payment credit matures, he can obtain it by Correct Answer Negotiating the Letter of Credit Your Answer Negotiating the Bill of Lading Multiple Choice Multiple Answer Question The critical point is in the port of shipmentin the traditional forms of export contracts such as Correct Answer f.o.b , c.i.f , f.a.s Your Answer f.o.b , c.i.f , f.a.s True/False Question Scenic effects and costumes are not the subjects of copyright even if they are artistic Correct Answer False Your Answer False Multiple Choice Single Answer Question The work under the copyright Act should be Correct Answer originated from the author Your Answer originated from the author Multiple Choice Single Answer Question The words copyright derives from the expression Correct Answer Copy or words Your Answer Copy or words Multiple Choice Single Answer Question Unregistered trade mark can be protected by the action of Correct Answer Passing off Your Answer Passing off Multiple Choice Single Answer Question Apolicy which specifies the agreed value of the subject mateer insured Correct Answer A valued policy Your Answer A valued policy Select The Blank Question The invoice ________is to be stated as the terms of the contract Correct Answer Price Your Answer Price Select The Blank Question The clause Arrival means that the seller has to cause delivery to be madeto the buyer from the ________ Correct Answer Ship Your Answer Ship True/False Question Time policies may cover a fixed priod of twelve months on the continuation clause Correct Answer False Your Answer False Multiple Choice Single Answer Question Inventions are protected by Correct Answer Patent Your Answer Patent True/False Question The computer programmes have been included in the ambit of patentability Correct Answer False Your Answer False Select The Blank Question The shipper is entitled to demand that the bill of lading should be________ correctly Correct Answer dated Your Answer dated Multiple Choice Single Answer Question A contract in which the parties agree that a false invoice be isued is Correct Answer Unenforceable by Law Your Answer Unenforceable by Law Select The Blank Question Under f.o.b contract the cost of loading is usually included in the ________charges which are to paid by the buyer Correct Answer Freight Your Answer Freight Select The Blank Question When the consumer deals with the retailer rather than directly with the manufacture he establishes a ________ relationship Correct Answer Contractual Your Answer Contractual Select The Blank Question ________ has no eastablished status in Law but are admissible in evidence against the seller if litigation ensues between him and buyer Correct Answer Letters of Insurance Your Answer Letters of credit Multiple Choice Multiple Answer Question The exclusion clauses covers Correct Answer War exclusion clause , Strike exclusion , Loss or damage caused by any terrorist Your Answer War exclusion clause , Strike exclusion , Loss or damage caused by any terrorist Select The Blank Question The rights of the copyright ________ may be roughly classified into reproduction rights and performing rights. Correct Answer owner Your Answer owner Multiple Choice Multiple Answer Question The theories of liability may be divided into three groups Correct Answer Negligence , Misrepresentation, both tortions and by breach of warranty , Strict liabilty in tort for defective products Your Answer Negligence , Misrepresentation, both tortions and by breach of warranty , Strict liabilty in tort for defective products True/False Question The buyer is entitled to refuse the acceptance of the goods if they are packed in accordance of his instructions Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Paries convention lay down the basic principle governing protection of Correct Answer Patents , Trademarks , Industrial design Your Answer Patents , Trademarks True/False Question An electrical terminal for washing meachine was held registrable because a potential customer may decide to buy it solely for its utility Correct Answer False Your Answer False Multiple Choice Single Answer Question The broker wright the essentials of the proposed insurance in cuetomery abbreviationson a document called Correct Answer The Slip Your Answer The Slip Multiple Choice Multiple Answer Question Classification of contracts by it's validity are Correct Answer Voidable contract , Illegal contract , Unenforceable contract Your Answer Voidable contract , Illegal contract , Unenforceable contract Multiple Choice Multiple Answer Question The Lioyd's marine policy form is schedule into which the following information is to be inserted Correct Answer The policy number , The subject- matter insured , The amount insured Your Answer The policy number , The subject- matter insured , The amount insured
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Rozim
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