Bissoy.com
Doctors Medicines MCQs Q&A

Related Questions

Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Specialty steel and wire ropes maker Usha Martin's decision to sell one of its core businesses - steelmaking - to prune outstanding debt, marks the rare instance of an Indian corporate borrower meeting its loan obligations through divestment. The slump sale is a milestone in the six-decade history of the Kolkata-based company, whose board on Saturday approved the divestment of its one million ton steel business in favor of Tata Steel for Rs 4,600 crore.  Courses of action: I. Proceeds will be used to ‘first repay existing lenders of the company’. Usha Martin will retain a profitable wire ropes unit as residual business, and has plans to scale it up significantly.  II. As part of the transaction, Usha Martin has entered into a five-year deal with The Tatas for sale of steel at market price to the wire-ropes business.  III. Usha Martin is among the top four wire rope players globally. With oil prices going up and strong trend in demand in Europe, the Ebitda in the wire-ropes business has improved. 
There are five person P1, P2, P3, P4 and P5. Each person has a different occupation out of D1, D2, D3, D4 and D5 (not necessarily in the same order). Each person uses a different transport out of T1, T2, T3, T4 and T5 (not necessarily in the same order). The person whose business is D3 does not use T1 or T4. P2's business is D1. P4 uses T2. P3's business is not D4 or D5. P5 does not uses, T3 or T5. Persons having business D4 and D2 use T5 and T3 transport respectively. Which of the following combination of Person - Business - Traffic is definitely correct?
A started a business investing Rs. 3000. After 3 months, B joined the business investing Rs. 2000. After some more time, C joined the business investing Rs. 1500. At the end of the year, profit from the business was Rs. 16000 and share of C was Rs.1600 out of the profit. For how many months C invested in the business?
In a business, B invests half the amount invested by A. After 6 months from the start of the business, C joins the business with an amount equal to twice of B's investment. After 8 months from the start of the business B withdraws completely from the business. If at the end of the year, C's share in the profit was Rs. 2460, what was the total profit received that year ?
Assertion (A): Personal transactions of the business owners are not recorded in the books.
Reason (R): According to the business entity concept, each business enterprise is considered an accounting unit separate from owners.
Assertion (A) Personal transactions of the owners of the business are not recorded in the books.
Reason (R) According to the business entity concept, each business enterprise is considered as an accounting unit separate from owners.
With reference to the 'Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)', consider the following statements: 1. A property transaction is not treated as a Benami transaction if the owner of the property is not aware of the transaction. 2. Properties held Benami are liable for confiscation by the Government. 3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct?
In a database system, unique timestamps are assigned to each transaction using Lamport’s logical clock. Let TS(T1) and TS(T2) be the timestamps of transactions T1 and T2 respectively. Besides, T1 holds a lock on the resource R, and T2 has requested a conflicting lock on the same resource R. The following algorithm is used to prevent deadlocks in the database system assuming that a killed transaction is restarted with the same timestamp. If TS(T2) < TS(T1) then T1 is killed else T2 waits. Assume any transaction that is not killed terminates eventually. Which of the following is TRUE about the database system that uses the above algorithm to prevent deadlocks?
The state of the data accessed by an aborted transaction must be restored to what it was just before the transaction started executing. This restoration is known as ________ of transaction.