Business and Finance MCQs Test 04 Preparation Online

1. Crossing a cheque 'Not Negotiable' affords security against:

A. Payment to wrong banker or account

B. None of the above

C. The ft of cheque

D. Negotiation of cheque

2. What is the maximum number of partners necessary in a partnership firm carrying on banking business ?

A. 20

B. 5

C. 10

D. 15

3. Which one of the following is a void agreement ?

A. Agreement whose object is illegal

B. Agreement in restraint of trade

C. Agreement in respect of sale of goodwill

D. Service agreements containing negative stipulations during the tenure of service

4. Organisation Theory is concerned with the:

A. Rules governing an organisation

B. Development of an organisation as an economic unit

C. Human behavior at work

D. Study to explain the nature and composition of organisations as a social or human group

5. Non-registration of a partnership does not affect the:

A. Suit by a partner against the firm or other co-partners

B. Claim of set-off or other proceedings on a contract by the firm

C. Suit by third parties against the firm

D. Suit by the firm against third parties

6. An organisation structure refers to the:

A. Flow of authority and responsibility

B. Nature of superior-subordinate relationship

C. Relationships and dependencies within an organisation

D. Extent of delegation of authority in the organisation

7. The liability of partners in a partnership firm is:

A. Joint

B. Alternative

C. Joint and alternative

D. Joint and several

8. Job-enrichment means:

A. Change or variation of job after a time period

B. None of the above

C. More tasks of the same general nature

D. More tasks providing greater challenge

9. The suit for specific performance in case of breach of contract may be filed only where the subject matter relates to:

A. Perishable goods

B. Movable goods

C. Immovable property

D. Personal skill and qualifications

10. With which of following is Behavioral Science in management related ?

A. Organizational response to its environment

B. Superior-subordinate behavior within an organisation

C. None of the above

D. Scientific study of human behavior

Business and Finance MCQs Test 04 Preparation Online

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