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Doctors Medicines MCQs Q&A

Choose the correct answer
(1) Simple licence is always revocable at the will of the licensor and it is also not assignable.
(2) Simple licence is not revocable at the will of the licensor and it is assignable.
(3) In licence coupled with a grant of interest the licensor cannot in general revoke it so as to defeat the grant to which it is incident.
(4) In licence coupled with a grant of interest the licensor can in general revoke it.

Choose the correct answer
(1) Simple licence is always revocable at the will of the licensor and it is also not assignable.
(2) Simple licence is not revocable at the will of the licensor and it is assignable.
(3) In licence coupled with a grant of interest the licensor cannot in general revoke it so as to defeat the grant to which it is incident.
(4) In licence coupled with a grant of interest the licensor can in general revoke it. Correct Answer (1), (3)

Related Questions

Which one of the following four addresses is NOT EXACTLY the same as the one given below? Robert S Ingram 1998 Revocable 8 Shaftsbury Ln Hilton Head Island, SC 29926 (843) 342­7094 (i) Robert S Ingram 1998 Revocable 8 Shaftsbury Ln Hilton Head Island, SC 29926 (843) 342­7094 (ii) Robert S Ingram 1998 Revocable 8 Shaftsbury Ln Hilton Head Island, SC 29926 (843) 342­7094 (iii) Robert S Ingram 1998 Revocable 8 Shaftsbary Ln Hilton Head Island, SC 29926 (843) 342­7094 (iv) Robert S Ingram 1998 Revocable 8 Shaftsbury Ln Hilton Head Island, SC 29926 (843) 342­7094
Consider the following statements regarding the distinction between lease and licence:
(1) A lease is a transfer of an interest in land, whereas the licence does not create any interest in land
(2) Both lessee and licence-holders can sue a trespasser in his own name
(3) A lease can be assigned but a licence cannot be assigned
(4) A lease cannot be revoked until the end of the term, but a licence, subject to certain exceptions, can be revoked
Which one of the above statements is/are correct?
Priya and khushi invested Rs.3000 together. Priya invested her amount at compound interest for ‘x/10’ years at x% rate interest and khushi invested half of her amount at compound interest and remaining half at simple interest at the same rate of interest for the same time period. [It is given that ‘x/10’ is a natural number] What is the value of ‘x’? Statement I: Ratio of investment of priya and khushi is 1 : 2 respectively and total sum received by them together after a particular time at x% rate of interest is Rs. 4280. Statement II: Simple interest received by khushi is Rs. 40 less than compound interest received by her. Statement III: Sum of simple interest and compound interest received by khushi after a certain time at x% rate of interest is Rs. 2500 Which of the above statement is redundant to find the answer of the given question?
The question below is followed by statements I, II, and III. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The difference between the compound interest and simple interest on a certain sum at a certain rate of interest per annum for two years is 204.20. What is the amount received on the sum of compound interest at the same rate of interest at the end of three years. I. The difference between the compound interest and the simple interest on the sum for three years is 804.258. II. The sum becomes Rs. 14528 at the end of one year. III. The compound interest on the sum for two years is 7% more than the simple interest on the sum for two years.
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relationship between the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. Quantity 1: An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes. Quantity 2: A sum of Rs. 725 is lent at the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest? Quantity 3: The difference between the compound interest and the simple interest on an amount of 15000 for 2 years is Rs. 96. What is the rate of interest per annum?
Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. What is the rate of interest? I. Sum A becomes double in 4 years when invested at a certain rate interest per annum. (Consider simple interest) II. Mamta invests Rs. 5000 for t years and sajan invests Rs 3000 for T years at same rate of interest. Ratio of interest earned is 4 : 7. (Consider simple interest) III. Sum S becomes quadruple when invested in compound interest for 2 years at a certain rate of interest per annum.
Choose correct option from the following Quantity I: On a certain sum of money difference between compound interest compounded every 6 month at 20% p.a. and simple interest at same rate of interest for one year is Rs 150 then calculate sum of money Quantity II: Calculate sum of money on which difference between compound interest and simple interest for period of three years at 20% p.a. rate of interest is Rs 1280 
A takes Rs. 8000 at the rate of 7.5% for 2 years on simple interest, B takes Rs. 10000 at the rate of 5% for 2 years on simple interest, C takes Rs. 12000 at the rate of 8.75% for 1.5 years on simple interest and D takes Rs. 15000 at the rate of 2.5% for 2 years on simple interest from a bank. Which one will pay the highest interest to the bank? 
The question below is followed by three statements I, II and III. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. What is the rate of interest per annum? I. An amount doubles itself at simple interest in 8 years. II. The difference between the compound interest and the simple interest on an amount of Rs. 20,000 in two years is Rs. 200. III. The Simple interest accrued in 10 years is more than the amount (principal).
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relation among the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. The options represent the relations among three quantities. A. < B. > C. ≤ D. ≥ E. = Quantity 1: Sumit invested Rs. X for 2 years at the rate of R% per annum simple interest. The interest obtained is Rs. 450 less than the interest obtained when the same sum is invested for 2 years at the rate of (R + 9)% per annum simple interest. Find the value of X. Quantity 2: Ankit invested Rs. Y for 2 years at the rate of 10% per annum compounded annually. The interest obtained is 795 less than the compound interest received by him when he invested a sum of Rs. 3000 for 2 years at the rate of 20% per annum compounded annually. Find the value of Y. Quantity 3: Difference of CI and SI obtained on a sum of Rs. Z when invested for 2 years at 10% per annum is Rs. 20. Find the value of Z.