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Question Correct Answer Agreement with minor Voidable agreement Consideration Cash or kind Contract Legal obligation Proposal accepted Promise Multiple Choice Multiple Answer Question The London court of International Arbitration includes any question regarding its Correct Answer Existance , Validity , Termination 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 Select The Blank Question An implied contract is one which is inferred from the ________ of the parties. Correct Answer Conduct Multiple Choice Single Answer Question If there is a possibility possibility of rising market price during the transit of the goods, the assured has who has covered the goods under an ordinery policy can obtain a so - called

International Commercial Law

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Question Correct AnswerAgreement with minor Voidable agreementConsideration Cash or kindContract Legal obligationProposal accepted PromiseMultiple Choice Multiple AnswerQuestionThe London court of International Arbitration includes any uestion regarding itsCorrect Answer!"istance # Validity # TerminationMultiple Choice Multiple AnswerQuestionThe Institute Cargo clauses $ co%ers the loss of or damage to the sub&ect ' matter insured reasonably attributed toCorrect Answer(ire or e"plosion # )ischarge of cargo at a port of distress # !arthuake# %olcanic eruptionor lightening*elect The $lankQuestionAn implied contract is one which is inferred from the ++++++++ of the parties,Correct AnswerConductMultiple Choice *ingle AnswerQuestionIf there is a possibility possibility of rising market price during the transit of the goods# the assured has who has co%ered the goods under an ordinery policy can obtain a so ' calledCorrect AnswerIncreased %alue policyMultiple Choice *ingle AnswerQuestion-here the sub&ect ' matter is insured from one point to another isaCorrect AnswerVoyage policyMultiple Choice *ingle AnswerQuestionIf the carriage of goods by sea are carried in bulk# e,g, coal# oil# grain# the shipper may hise a whole %essel i,e,Correct Answercharter partyMultiple Choice *ingle AnswerQuestionThe trading In%oice should state theCorrect Answer.ame and addresses of seller and buyer*elect The $lankQuestionIn legal phraseology there is no pri%ity of ++++++++ between customer and manufacturerCorrect AnswerContract*elect The $lankQuestionThe++++++++ e"poter has no locas standi under /ATTCorrect AnswerIndi%idualMatch The (ollowingQuestion Correct AnswerThe most important institution for the0000 The ICC courtarbitral settlement of International trade disputesThe administrati%e and financial regulations 000 IC*I)!uropean Arbitration0000 *ponsored by the 1. economic commissionThe London court of International arbitration00*ponsored by Chartered Insitute of ArbitrationMultiple Choice Multiple AnswerQuestionIn%entions that are not patentable areCorrect AnswerIn%ention which is fri%olous # Any plan or scheme # The mere disco%ery of a new propertyMultiple Choice Multiple AnswerQuestion-hen a general a%erage act occures the three interest are at riskCorrect AnswerThe ship # The cargo # The frieght*elect The $lankQuestionThe assured can insure a consignment of goods from Pune to $irmingham pro%ided theseplace are++++++++in the marine policy as the commencement and destination of the transitCorrect Answer.amedMultiple Choice *ingle AnswerQuestionThe marine insurance policy or the marine insurance certificate forms a part of theCorrect Answer*hipping )ocument*elect The $lankQuestionContracts created by law are called ________.Correct AnswerQuasi contract*elect The $lankQuestionIndia is a signatory and indeed a ++++++++ member of /ATTCorrect Answer(ounderMultiple Choice *ingle AnswerQuestionThe copy right isCorrect AnswerIncorporal property*elect The $lankQuestionThe e"pression stale bill of lading is used in ++++++++ practiceCorrect AnswerbankingTrue2(alseQuestionIn%ented words# coined words# fancy words are all synonymous terms,Correct AnswerTrueMultiple Choice *ingle AnswerQuestionThe legal principle that the $ank is entitled ro re&ect documents which do not strictly confirm with the terms of the credit is theCorrect Answer)octrine of strict compliance*elect The $lankQuestionThe burden of proof for reco%ery under the insurance is that of the ++++++++Correct AnswerAssured*elect The $lankQuestionThe marine insurance co%ers all riskof loss or damage to the sub&ect ' matter insured e"cept ++++++++clausesCorrect Answer!"clusion clausesMultiple Choice *ingle AnswerQuestionThe international carriage of goods is to a large e"tent# still conducted on the basis of paper work by usingCorrect Answertransport documentsTrue2(alseQuestionA patentee or his licensee is not granted e"clusi%e right to e"ploit the in%entionCorrect Answer(alseTrue2(alseQuestionThe arbitrator # like a &udge# has power to order the inspection of the ob&ect in dispute,Correct AnswerTrueMultiple Choice *ingle AnswerQuestionThe single most important document in International Trade and forms the %ery basis of a large %olume in international trade isCorrect AnswerL2CTrue2(alseQuestionIi is in the public interest to encourage the marketing of the products ha%ing defects that can be sold in lower price to the public,Correct Answer(alse*elect The $lankQuestionIt would be infringed by making a ++++++++ copy of the topographical arrengement,Correct AnswerfacsimileMultiple Choice Multiple AnswerQuestionParies con%ention lay down the basic principle go%erning protection ofCorrect AnswerPatents # Trademarks # Industrial designMultiple Choice Multiple AnswerQuestionA general a%erage act has to satify the followling reuirements, It must beCorrect AnswerIn time of peril # An e"traordinary sacrifice or e"penditure # Purposely resorted toMultiple Choice Multiple AnswerQuestionParis con%ention is applicable to industrial propertyCorrect AnswerIn%entions # Trade marks # *er%ice marksMultiple Choice *ingle AnswerQuestionThe insured %alue specified in the policy is theCorrect AnswerAgreed ValueTrue2(alseQuestionTime policies may co%er a fi"ed priod of twel%e months on the continuation clauseCorrect Answer(alseMultiple Choice Multiple AnswerQuestionThe letter of cradit should state which of the methods ha%e been chosen by the parties namely#Correct AnswerPayment at sight # )eferred payment # Acceptance or negotianceMultiple Choice Multiple AnswerQuestionThere ia absence of free consent if the agreement is induced byCorrect AnswerCoercion # 1ndue influence # MisrepresentationTrue2(alseQuestionIn the 1nited *tates# most commercial arbitration are go%erned by the 1nited *tates Arbitration ActCorrect AnswerTrueTrue2(alseQuestionArbitration has a contract and non &udicial element,Correct Answer(alseMultiple Choice *ingle AnswerQuestionThe goodwill between a trader and his customer# which the marks helps to sustain is protected by theCorrect AnswerCommon LawMultiple Choice Multiple AnswerQuestionThe contractual nature of arbituration determines questions , which are not free from controversy . The question areCorrect AnswerWhether arbitration himself can decide conclusively , whether it the arbitration clause is contained in the original contract , whether the arbitation clause itself is under cloudMultiple Choice *ingle AnswerQuestionA reputed automobile manufacturer ad%ertised that their cars ha%e a shatter proof glass windowshields, These windowshields were supposed to eliminate the dangers of flying glass, A customer of such car while dri%ing car was hit by a pebble which shattered the windowshield in&uring his eyes, The court awarded the decision in the fa%our ofCorrect AnswerCustomerMultiple Choice Multiple AnswerQuestionProducts liability law is full of mi"tures , It is mi"ture ofCorrect AnswerTort law # Contract law # Consumer protection lawTrue2(alseQuestionThe law of products liability go%erns the public litigation of product accidentsCorrect Answer(alseTrue2(alseQuestionPurchasers cannot try out drugs to determine whether they kill or cureCorrect AnswerTrueTrue2(alseQuestionThe principles relating to the ordinary letters of credit dosen3t apply to standby creditsCorrect Answer(alseMultiple Choice Multiple AnswerQuestionIn a few e"ceptional cases the assured is barred from reco%ering the o%erpaid portions of the premiumCorrect AnswerIf the double insurance was effected by the aassured knowingly # If a claim has been paid for the full sum insured # if the policies were effected at different times*elect The $lankQuestionIf the carrier or his agent negligently misdates the bill# the carrier as principal is liable in++++++++Correct AnswerdamagesMultiple Choice *ingle AnswerQuestionThe copy right isCorrect AnswerIncorporal property*elect The $lankQuestionAn implied contract is one which is inferred from the ++++++++ of the parties,Correct AnswerConduct*elect The $lankQuestionThe clause Arrival means that the seller has to cause deli%ery to be madeto the buyer from the ++++++++Correct Answer*hipMultiple Choice Multiple AnswerQuestionThe correct dating of the bill of lading is a important matter, It is material in three legal relationshipsCorrect AnswerIn the content of carriage # In the contract of sale # In relation to the banks under a letter of credit*elect The $lankQuestionIndia is a signatory and indeed a ++++++++ member of /ATTCorrect Answer(ounderMultiple Choice Multiple AnswerQuestionParis con%ention is applicable to industrial propertyCorrect AnswerIn%entions # Trade marks # *er%ice marks*elect The $lankQuestionThe burden of proof for reco%ery under the insurance is that of the ++++++++Correct AnswerAssuredMultiple Choice Multiple AnswerQuestionA contract may be frustrated because subseuent to the conclusion the go%t, has prohibited its performance areCorrect Answer$y place an embargo on the e"portation of the goods sold # $y place an embargo on the Importation of the goods sold # $y the imposition of restructi%e regulation regardng Licenses and uota*elect The $lankQuestionThe in%oice ++++++++is to be stated as the terms of the contractCorrect AnswerPrice*elect The $lankQuestionCopyright protects the ++++++++ of an idea rather than the idea itself,Correct Answere"pressionMultiple Choice *ingle AnswerQuestionThe *lip is lodged atCorrect AnswerInsurance companyTrue2(alseQuestionThe open co%er may be limited in time while the floating policy is normally limited to twel%e monthsCorrect AnswerTrueMultiple Choice *ingle AnswerQuestionLegal status of rotection of trade mar! can be acquired either byCorrect AnswerProlonged use of trade mark by registrationTrue2(alseQuestionIn%ented words# coined words# fancy words are all synonymous terms,Correct AnswerTrueMultiple Choice *ingle AnswerQuestionIf there is a possibility possibility of rising market price during the transit of the goods# the assured has who has co%ered the goods under an ordinery policy can obtain a so ' calledCorrect AnswerIncreased %alue policy*elect The $lankQuestionIn legal phraseology there is no pri%ity of ++++++++ between customer and manufacturerCorrect AnswerContractTrue2(alseQuestionThe defination of patent includes mere disco%ery of a scientific principleCorrect Answer(alseTrue2(alseQuestionThe buyer is entitled to refuse the accetance of the goods if they are ac!ed in accordance of his instructionsCorrect Answer(alseMultiple Choice *ingle AnswerQuestionThe single most important document in International Trade and forms the %ery basis of a large %olume in international trade isCorrect AnswerL2C*elect The $lankQuestionThe container leasing contract pro%idees that the lessee has to pay ++++++++if he retains the container beyond stipulated timeCorrect AnswerLiuidated damagesTrue2(alseQuestionThe law of products liability go%erns the public litigation of product accidentsCorrect Answer(alseMultiple Choice *ingle AnswerQuestionThe trading In%oice should state theCorrect Answer.ame and addresses of seller and buyerMultiple Choice Multiple AnswerQuestion(ollowing are not registerable under the !mblems and .ames 4Pre%ention of improper use 5 Act# 6789,Correct AnswerMahatma /andhi # Pandit .ehru # *hi%a&i Mahara&Multiple Choice *ingle AnswerQuestionThe most freuent method of payment for goods is the e"port trade isCorrect AnswerLetter of creditMultiple Choice Multiple AnswerQuestionThe contractual nature of arbituration determines uestions # which are not free from contro%ersy , The uestion areCorrect Answer-hether arbitration himself can decide conclusi%ely # whether it the arbitration clause is contained in the original contract # whether the arbitation clause itself is under cloudMultiple Choice Multiple AnswerQuestionA general a%erage act has to satify the followling reuirements, It must beCorrect AnswerIn time of peril # An e"traordinary sacrifice or e"penditure # Purposely resorted toMultiple Choice Multiple AnswerQuestion-here payment under a letter of credit is arranged# the stages can normally be distinguishedCorrect AnswerThe e"porter and the o%erseas buyer agree in the contract of sale that payment shall be made under a letter of credit # The o%erseas buyer instructs a bank at his place of businessto open a letter of credit # The ad%ising bank informs the e"porter that it will negotiate# his draft upon deli%ery of the transport documentMultiple Choice *ingle AnswerQuestionThe "ague # $isby %uleshold the carrier liable if he actsCorrect Answer&egligentlyMatch The (ollowingQuestion Correct Answer*tating that the credit is di%isible or that it is unrestricted for negotiation 0 Transferable creditLetter of credit Paper transaction1ndertaking by a bank to make payment to a third party A stand by letter of creditCon%enient method of finance for the small e"porter Packing creditMultiple Choice *ingle AnswerQuestionA contract in which the parties agree that a false in%oice be isued isCorrect Answer1nenforceable by LawMultiple Choice Multiple AnswerQuestionActual total loss occuresCorrect Answer-here the sub&ect matter is destroyed # -here the assured has been irretrie%ably depri%edthereof # -here the sub&ectmatter has been so damaged that is has loss is commercial identityTrue2(alseQuestionThe e"pression literary work co%ers work which is e"pressed in print or writing irrespecti%e of whether the uality or styal is highCorrect AnswerTrueTrue2(alseQuestionIn the case of a confirmed credit# the engagement of the ad%ising bank to the beneficiary is not stated in the letter of ad%ise,Correct Answer(alseMultiple Choice *ingle AnswerQuestionIndustrial design is design elements inCorrect AnswerIndustrial produced articlesTrue2(alseQuestionIn the socialist countries arbitration tribunals are constituted for dealing with commercial disputesCorrect AnswerTrue*elect The $lankQuestionThe marine insurance co%ers all riskof loss or damage to the sub&ect ' matter insured e"cept ++++++++clausesCorrect Answer!"clusion clauses*elect The $lankQuestion1nder f,o,b contract the cost of loading is usually included in the ++++++++charges whichare to paid by the buyerCorrect Answer(reightTrue2(alseQuestionArbitration is the most con%enient machinery to settle the dispute,Correct AnswerTrue*elect The $lankQuestionThe shipper is entitled to demand that the bill of lading should be++++++++ correctlyCorrect AnswerdatedMultiple Choice *ingle AnswerQuestionThe consumer3s main concern is in theCorrect AnswerQuality of what they are buyingTrue2(alseQuestionThe floating policy is not a time policy but the aggregation of %oyage policiesCorrect AnswerTrueMultiple Choice Multiple AnswerQuestion.ew:ealan prohibits and restricts certain types of paking likeCorrect AnswerThe use of hay # The use of chaff # The use of rice huskMultiple Choice Multiple AnswerQuestion;ther documents inluded in the shipping documents areCorrect AnswerCertificate of origin # Certificate of uality # Certificate of inspectionTrue2(alseQuestionThe principles relating to the ordinary letters of credit dosen3t apply to standby creditsCorrect Answer(alseMultiple Choice Multiple AnswerQuestionIn a few e"ceptional cases the assured is barred from reco%ering the o%erpaid portions of the premiumCorrect AnswerIf the double insurance was effected by the aassured knowingly # If a claim has been paid for the full sum insured # if the policies were effected at different timesMatch The (ollowingQuestion Correct AnswerIndia is a signatory and indeed a founder member /ATT-orld Trade ;rganisation Member IndiaIntellectual Property ague ' Visby oad8# the international con%ention is Correct Answer the CM> True3(alse Question In the case of a con1rmed credit# the engagement of the ad%ising bank to the bene1ciary is not stated in the letter of ad%ise, Correct Answer (alse Multiple Choice *ingle Answer Question If the seller reuires payment before the deferred payment credit matures# he can obtain it by Correct Answer .egotiating the Letter of Credit True3(alse Question Infringement of patent takes place# normally during Industrial or Commercial acti%ities Correct Answer True *elect The $lank Question The in%oice ++++++++is to be stated as the terms of the contract Correct Answer Price True3(alse Question In practice re%ocable credits are not widely used and irre%ocable credits are in freuent use, Correct Answer True Multiple Choice *ingle Answer Question A contract in which the parties agree that a false in%oice be isued is Correct Answer 2nenforceable by Law Multiple Choice *ingle Answer Question The plainti6 must ha%e some badge of recognition upon which to found his Correct Answer >eputation Multiple Choice *ingle Answer Question The words copyright deri%es from the e"pression Correct Answer Copy or words M"tch The Followin Question Correct Answer -orld Trade @rganisation Member India Intellectual Property >ights Agreement 7T>IP*8+ India# a party )uration of A< years for patents T>IP* agreemnt India is a signatory and indeed a founder member /ATT True3(alse Question The two types of contract of carriage by sea is contracts e%ident by bill of lading and contracts containing perils Correct Answer (alse Multiple Choice Multiple Answer Question )ramatic work includes Correct Answer work of dance and mine # the scenario for a 1lm # the script for a 1lm True3(alse Question The computer programmes ha%e been included in the ambit of patentabilityCorrect Answer (alse *elect The $lank Question A 5 would be patentee may endanger his own chances by any sort of publicity ++++++++ registration of a patent Correct Answer $efore True3(alse Question The open co%er may be limited in time while the 4oating policy is normally limited to twel%e months Correct Answer True Multiple Choice Multiple Answer Question .ew?ealan prohibits and restricts certain types of paking like Correct Answer The use of hay # The use of cha6 # The use of rice husk Multiple Choice Multiple Answer Question Dinds of bills of lading are Correct Answer *hipped and recei%ed bills # (eright prepaid and freight collect bill # clean and claused bill Multiple Choice Multiple Answer Question The ma&or alterations proposed by the =amburg >ules are Correct Answer Increased ma"imum limits of liability of the carrier # !"clusion of the carrier5s liability in case of error in ne%igation# abolished # Application of the rules to transport documents Multiple Choice Multiple Answer Question (ollowing are not registerable under the !mblems and .ames 7Pre%ention ofimproper use 8 Act# 9:;egistration ofTrademarksoHce of Trademark>egistryProcedure forregistration of trademarkPurpose of mark )istinguish the goodsof one trader fromthose of another)istinguish the goodsof one trader fromthose of anotherApplication forregistration underthe Trademark Act#9:::Trademark *ingle application>egistration ofTrademarks*ingle application oHce of Trademark>egistryMultiple Choice Multiple AnswerQuestion In stand by letters of credit# the bank may also beinstructed to authorise another bank against thestipulated documents toCorrect Answer Pay bills of e"change # Accept bills of e"change #.egotiate bills of e"changeCour Answer Pay bills of e"change # Accept bills of e"change #.egotiate bills of e"changeMultiple Choice *ingle AnswerQuestion The law relating to letters of credit is founded onthe principle ofCorrect Answer The doctrine of strict performanceCour Answer The doctrine of strict compliance*elect The $lankQuestion A 5 would be patentee may endanger his ownchances by any sort of publicity ++++++++registration of a patentCorrect Answer $eforeCour Answer $eforeMultiple Choice Multiple AnswerQuestion The shipping document consist of mainlyCorrect Answer A clean bill of lading # Amarine insurance policy #The in%oiceCour Answer A clean bill of lading # Amarine insurance policy #The in%oice*elect The $lankQuestion The++++++++ e"poter has no locas standi under/ATTCorrect Answer Indi%idualCour Answer Indi%idualMultiple Choice Multiple AnswerQuestion (ollowing word marks other than surnames areregisterable, They areCorrect Answer Personal names # /eographical names # .ames ofsectCour Answer Personal names # /eographical names # .ames ofsectMultiple Choice *ingle AnswerQuestion The law of product safety isCorrect Answer >egulatory lawCour Answer >egulatory law*elect The $lankQuestion The marine insurance co%ers all riskof loss ordamage to the sub&ect ' matter insured e"cept++++++++clausesCorrect Answer !"clusion clausesCour Answer !"clusion clauses*elect The $lankQuestion The rights of the copyright ++++++++ may beroughly classi1ed into reproduction rights andperforming rights,Correct Answer ownerCour Answer ownerMultiple Choice Multiple AnswerQuestion The following attracts copyright once the choiceand arrangement of source material is more thanmimimal#I,e a piece ofCorrect Answer =istorical writing # A new report # A selection ofpoetryCour Answer =istorical writing # A new report # A selection ofpoetryMultiple Choice *ingle AnswerQuestion Arbitration under the >ules of ICC is open toCorrect Answer Members and non membersCour Answer Members and non members*elect The $lankQuestion The impact of appeal to the consumers has beenthe++++++++of the salesCorrect Answer $lack boneCour Answer $lack boneTrue3(alseQuestion The open co%er may be limited in time while the4oating policy is normally limited to twel%emonthsCorrect Answer TrueCour Answer True*elect The $lankQuestion The unpaid seller has also a ++++++++ interest inthem untill the buyer is deemed to ha%e acceptedthe goodsCorrect Answer )efensibleCour Answer CompoundMultiple Choice Multiple AnswerQuestion )ramatic work includesCorrect Answer work of dance and mine # the scenario for a 1lm #the script for a 1lmCour Answer work of dance and mine # the scenario for a 1lm #the script for a 1lm*elect The $lankQuestion The ICC Court of arbitration its seat at theheaduarters of the ICC in++++++++Correct Answer ParisCour Answer Paris*elect The $lankQuestion An issue of bill of lading who deliberatelybackdates it in order to bring it within theshipment time in the credit# acts ++++++++Correct Answer frandulentlyCour Answer frandulently*elect The $lankQuestion The ++++++++ of the product concept is the 1rstand in many ways most important safetyfunctions of manufacturers,Correct Answer (ormulationCour Answer (ormulationMultiple Choice *ingle AnswerQuestion The marine insurance policy or the marineinsurance certi1cate forms a part of theCorrect Answer *hipping )ocumentCour Answer *hipping )ocumentMultiple Choice *ingle AnswerQuestion The rights which enable the proprietory of thetrade mark to the e"clusi%e use of that trade markin relation to the goods for which it is registeredisCorrect Answer *tatutory rightsCour Answer *tatutory rightsMultiple Choice *ingle AnswerQuestion The trading In%oice should state theCorrect Answer .ame and addresses of seller and buyerCour Answer .ame and addresses of seller and buyerTrue3(alseQuestion Product liability and product safety are thephrases used to describe the law concerningproduct'related accidents and illnessCorrect Answer TrueCour Answer TrueTrue3(alseQuestion In the case of &oint authorship# the term ofcopyright is in relation to the author who dies 1rstCorrect Answer (alseCour Answer (alse*C)L+P/)I$+*!MA+ICL+I+/>@2P*C)L+A*Multiple Choice *ingle AnswerQuestion If the carriage of goods by sea are carried in bulk# e,g, coal# oil#grain# the shipper may hise a whole %essel i,e,Correct Answer charter partyCour Answer charter partyMultiple Choice Multiple AnswerQuestion A retardation is the machinary to settle the dispute in mostCorrect Answer Con%ient manner # *peedist manner # cheaper mannerCour Answer cheaper manner # Valued manner # Con%ient manner*elect The $lankQuestion The e"pression stale bill of lading is used in ++++++++ practiceCorrect Answer bankingCour Answer legalTrue3(alseQuestion In the case of a con1rmed credit# the engagement of the ad%isingbank to the bene1ciary is not stated in the letter of ad%ise,Correct Answer (alseCour Answer TrueTrue3(alseQuestion In practice re%ocable credits are not widely used and irre%ocablecredits are in freuent use,Correct Answer TrueCour Answer True*elect The $lankQuestion $roadcasting is considered to be ++++++++ by wireless telegraphycapable of being lawfully recei%ed by members of pubilc,Correct Answer transmissionCour Answer transmissionMatch The (ollowingQuestion Correct Answer Cour AnswerLegalprotection ofcomputer softwareTrade secreat system Computer work!"pressionof thought @riginal work @riginal work.ot entitled for copyrightprotectionA mere idea A mere idea.o%els# drama# poetry Literary work Literary work*elect The $lankQuestion An implied contract is one which is inferred from the ++++++++ ofthe parties,Correct Answer ConductCour Answer /estureTrue3(alseQuestion A patentee or his licensee is not granted e"clusi%e right to e"ploitthe in%entionCorrect Answer (alseCour Answer TrueMultiple Choice *ingle AnswerQuestion The cost of marine insurance shall be borne by the seller or by thebuyer normally pro%ided by theCorrect Answer Terms of the contract of saleCour Answer Terms of the contract of sale*elect The $lankQuestion The assured can insure a consignment of goods from Pune to$irmingham pro%ided these place are++++++++in the marine policyas the commencement and destination of the transitCorrect Answer .amedCour Answer /i%enTrue3(alseQuestion Arbitration has a contract and non &udicial element,Correct Answer (alseCour Answer True*elect The $lankQuestion The shipper is entitled to demand that the bill of lading shouldbe++++++++ correctlyCorrect Answer datedCour Answer datedTrue3(alseQuestion The e"pression literary work co%ers work which is e"pressed inprint or writing irrespecti%e of whether the uality or styal is highCorrect Answer TrueCour Answer TrueMultiple Choice *ingle AnswerQuestion The *lip is lodged atCorrect Answer Insurance companyCour Answer Insurance companyTrue3(alseQuestion The arbitrator as a pri%ate &udge may not be absolutely impartial,Correct Answer (alseCour Answer TrueMultiple Choice *ingle AnswerQuestion @ne of the parties to the marine insurance is Dnown asCorrect Answer AssuredCour Answer AssuredTrue3(alseQuestion In the case o 4iterary work like encyclopedia dictionaries# yearbooks etc,# i,e, where there is collecti%e work and output# there is a&oint authorship,Correct Answer (alseCour Answer TrueMultiple Choice *ingle AnswerQuestion The *ociety Lloyd5s has members likeCorrect Answer 2nderwritingCour Answer @%erwritingMultiple Choice *ingle AnswerQuestion The work under the copyright Act should beCorrect Answer originated from the authorCour Answer originated from the author*elect The $lankQuestion Contracts created by law are called ++++++++,Correct Answer Quasi contractCour Answer Valid contractMultiple Choice Multiple AnswerQuestion The root reuirement in creating the work isCorrect Answer suHcient skill# fudgement and labour # selection indgement ande"perience # selection labour# skill and capitalCour Answer suHcient skill# fudgement and labour # selection indgement ande"perience # selection labour# skill and capitalMultiple Choice Multiple AnswerQuestion The letter of cradit should state which of the methods ha%e beenchosen by the parties namely#Correct Answer Acceptance or negotiance # Payment at sight # )eferred paymentCour Answer Payment at sight # )eferred payment # Acceptance or negotianceMultiple Choice *ingle AnswerQuestion If the goods are sold on the c,i,f,terms# the duty to take out thepolicy and pay the cost of insurance is ofCorrect Answer *ellerCour Answer *ellerMultiple Choice Multiple AnswerQuestion The e"clusion clauses co%ersCorrect Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused byany terroristCour Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused byany terroristTrue3(alseQuestion The principles relating to the ordinary letters of credit dosen5t applyto standby creditsCorrect Answer (alseCour Answer (alseMultiple Choice *ingle AnswerQuestion If the parties ha%e arranged a payment at sight credit# the ad%isingbank is instructed to arrange for the paymentCorrect Answer to the seller# due on presentation of their documentsCour Answer to the seller# due on presentation of their documentsMultiple Choice *ingle AnswerQuestion Patent once granted for an in%ention is an intellectual propertywhich remains in force for aCorrect Answer *peci1c period of timeCour Answer *peci1c period of timeMultiple Choice Multiple AnswerQuestion (ollowing con%entions establish international 1ling systemCorrect Answer !uropean Patent Con%ention # Patet Cooperation Treaty # MadridAgreement for Trade MarkCour Answer !uropean Patent Con%ention # Patet Cooperation Treaty # Patentright 6or tradeTrue3(alseQuestion 2nder through $ills of Lading Co%ering on Carriage by air# the airconsignment is a document of title but bill of lading is not,Correct Answer (alseCour Answer (alse*elect The $lankQuestion 2nder f,o,b contract the cost of loading is usually included in the++++++++charges which are to paid by the buyerCorrect Answer (reightCour Answer (reight*elect The $lankQuestion Copyright protects the ++++++++ of an idea rather than the ideaitself,Correct Answer e"pressionCour Answer e"pressionTrue3(alseQuestion If the document is merely a receipt# the =ague'Vishy >ules apply,Correct Answer (alseCour Answer True*elect The $lankQuestion The commercial aims of the parties to the copntract are defeatednot by their fault but by force of ++++++++circumstrancesCorrect Answer *uper%eningCour Answer *uper1cialMultiple Choice *ingle AnswerQuestion If the seller reuires payment before the deferred payment creditmatures# he can obtain it byCorrect Answer .egotiating the Letter of CreditCour Answer .egotiating the Letter of Credit*elect The $lankQuestion The clause Arri%al means that the seller has to cause deli%ery to bemadeto the buyer from the ++++++++Correct Answer *hipCour Answer *hipTrue3(alseQuestion Arbitration in the socialist countries are similar in some respectsfrom that in the countries of free economyCorrect Answer (alseCour Answer (alseMultiple Choice *ingle AnswerQuestion Paries to an agreement may restrict the the right of either party toissuingCorrect Answer Particular courtCour Answer Particular courtMultiple Choice Multiple AnswerQuestion -here payment under a letter of credit is arranged# the stages cannormally be distinguishedCorrect Answer The e"porter and the o%erseas buyer agree in the contract of salethat payment shall be made under a letter of credit # The o%erseasbuyer instructs a bank at his place of business to open a letter ofcredit # The ad%ising bank informs the e"porter that it willnegotiate# his draft upon deli%ery of the transport documentCour Answer The e"porter and the o%erseas buyer agree in the contract of salethat payment shall be made under a letter of credit # The o%erseasbuyer instructs a bank at his place of business to open a letter ofcredit # The ad%ising bank informs the e"porter that it willnegotiate# his draft upon deli%ery of the transport documentMultiple Choice *ingle AnswerQuestion To a%oid anything in the nature of set o6 or counter claim# a letterof credit is gi%en by aCorrect Answer $ank to the sellerCour Answer $ank to the seller*elect The $lankQuestion If the carrier or his agent negligently misdates the bill# the carrieras principal is liable in++++++++Correct Answer damagesCour Answer lossMultiple Choice *ingle AnswerQuestion The 2.CIT>AL Conciliation >ules# like the Arbitration >ules# applyonly of the parties ha%eCorrect Answer Adopted themCour Answer Adopted themMatch The (ollowingQuestion Correct Answer Cour AnswerIndia is a signatory andindeed a founder member/ATT /ATT-orld Trade @rganisation Member India -T@Intellectual Property >ightsAgreement 7T>IP*8+India# a party T>IP* agreemnt)uration of A< years forpatentsT>IP* agreemnt Paris Con%entionMultiple Choice *ingle AnswerQuestion Industrial design is design elements inCorrect Answer Industrial produced articlesCour Answer Industrial produced articlesMultiple Choice *ingle AnswerQuestion If no reuest for conciliation is made or the conciliation fails# thedispute proceeds toCorrect Answer ArbitrationCour Answer ArbitrationMultiple Choice Multiple AnswerQuestion Literary work also co%ers secondary work on e"isting sourcespro%ided that it in turn in%ol%es literaryCorrect Answer *kill # Labour # EudgementCour Answer *kill # Labour # EudgementMultiple Choice *ingle AnswerQuestion If the carriage of goods by sea are carried in bulk# e,g,coal# oil# grain# the shipper may hise a whole %essel i,e,CorrectAnswercharter partyCourAnswercharter partyMultiple Choice Multiple AnswerQuestion A retardation is the machinary to settle the dispute inmostCorrectAnswerCon%ient manner # *peedist manner # cheaper mannerCourAnswerCon%ient manner # cheaper manner # Valued manner*elect The $lankQuestion The e"pression stale bill of lading is used in ++++++++practiceCorrectAnswerbankingCourAnswerlegalTrue3(alseQuestion In the case of a con1rmed credit# the engagement of thead%ising bank to the bene1ciary is not stated in the letterof ad%ise,CorrectAnswer(alseCourAnswerTrueTrue3(alseQuestion In practice re%ocable credits are not widely used andirre%ocable credits are in freuent use,CorrectAnswerTrueCourAnswerTrue*elect The $lankQuestion $roadcasting is considered to be ++++++++ by wirelesstelegraphy capable of being lawfully recei%ed by membersof pubilc,CorrectAnswertransmissionCourAnswertransmissionMatch The (ollowingQuestion Correct Answer Cour AnswerLegalprotection ofcomputer softwareTrade secreat system Computer work!"pressionof thought @riginal work @riginal work.ot entitled forcopyright protectionA mere idea A mere idea.o%els# drama# poetry Literary work Literary work*elect The $lankQuestion An implied contract is one which is inferred from the++++++++ of the parties,CorrectAnswerConductCourAnswer/estureTrue3(alseQuestion A patentee or his licensee is not granted e"clusi%e right toe"ploit the in%entionCorrectAnswer(alseCourAnswerTrueMultiple Choice *ingle AnswerQuestion The cost of marine insurance shall be borne by the selleror by the buyer normally pro%ided by theCorrectAnswerTerms of the contract of saleCourAnswerTerms of the contract of sale*elect The $lankQuestion The assured can insure a consignment of goods from Puneto $irmingham pro%ided these place are++++++++in themarine policy as the commencement and destination ofthe transitCorrectAnswer.amedCourAnswer/i%enTrue3(alseQuestion Arbitration has a contract and non &udicial element,CorrectAnswer(alseCourAnswerTrue*elect The $lankQuestion The shipper is entitled to demand that the bill of ladingshould be++++++++ correctlyCorrectAnswerdatedCourAnswerdatedTrue3(alseQuestion The e"pression literary work co%ers work which ise"pressed in print or writing irrespecti%e of whether theuality or styal is highCorrectAnswerTrueCourAnswerTrueMultiple Choice *ingle AnswerQuestion The *lip is lodged atCorrectAnswerInsurance companyCourAnswerInsurance companyTrue3(alseQuestion The arbitrator as a pri%ate &udge may not be absolutelyimpartial,CorrectAnswer(alseCourAnswerTrueMultiple Choice *ingle AnswerQuestion @ne of the parties to the marine insurance is Dnown asCorrectAnswerAssuredCourAnswerAssuredTrue3(alseQuestion In the case of literary work like encyclopedia dictionaries#year books etc,# i,e, where there is collecti%e work andoutput# there is a &oint authorship,CorrectAnswer(alseCourAnswerTrueMultiple Choice *ingle AnswerQuestion The *ociety Lloyd5s has members likeCorrectAnswer2nderwritingCourAnswer@%erwritingMultiple Choice *ingle AnswerQuestion The work under the copyright Act should beCorrectAnsweroriginated from the authorCourAnsweroriginated from the author*elect The $lankQuestion Contracts created by law are called ++++++++,CorrectAnswerQuasi contractCourAnswerValid contractMultiple Choice Multiple AnswerQuestion The root reuirement in creating the work isCorrectAnswersuHcient skill# fudgement and labour # selectionindgement and e"perience # selection labour# skill andcapitalCourAnswersuHcient skill# fudgement and labour # selectionindgement and e"perience # selection labour# skill andcapitalMultiple Choice Multiple AnswerQuestion The letter of cradit should state which of the methodsha%e been chosen by the parties namely#CorrectAnswerPayment at sight # )eferred payment # Acceptance ornegotianceCourAnswerPayment at sight # )eferred payment # Acceptance ornegotianceMultiple Choice *ingle AnswerQuestion If the goods are sold on the c,i,f,terms# the duty to takeout the policy and pay the cost of insurance is ofCorrectAnswer*ellerCourAnswer*ellerMultiple Choice Multiple AnswerQuestion The e"clusion clauses co%ersCorrectAnswer-ar e"clusion clause # *trike e"clusion # Loss or damagecaused by any terroristCourAnswer-ar e"clusion clause # *trike e"clusion # Loss or damagecaused by any terroristTrue3(alseQuestion The principles relating to the ordinary letters of creditdosen5t apply to standby creditsCorrectAnswer(alseCourAnswer(alseMultiple Choice Multiple AnswerQuestion The correct dating of the bill of lading is a importantmatter, It is material in three legal relationshipsCorrectAnswerIn the content of carriage # In the contract of sale # Inrelation to the banks under a letter of creditCourAnswerIn the content of carriage # In the contract of sale # Inrelation to the banks under a letter of creditMultiple Choice *ingle AnswerQuestion If the parties ha%e arranged a payment at sight credit# thead%ising bank is instructed to arrange for the paymentCorrectAnswerto the seller# due on presentation of their documentsCourAnswerto the seller# due on presentation of their documentsMultiple Choice *ingle AnswerQuestion Patent once granted for an in%ention is an intellectualproperty which remains in force for aCorrectAnswer*peci1c period of timeCourAnswer*peci1c period of timeMultiple Choice Multiple AnswerQuestion (ollowing con%entions establish international 1lingsystemCorrectAnswer!uropean Patent Con%ention # Patent Cooperation Treaty #Madrid Agreement for Trade MarkCourAnswer!uropean Patent Con%ention # Patent Cooperation Treaty #Patent right for tradeTrue3(alseQuestion 2nder through $ills of Lading Co%ering on Carriage by air#the air consignment is a document of title but bill oflading is not,CorrectAnswer(alseCourAnswer(alse*elect The $lankQuestion 2nder f,o,b contract the cost of loading is usually includedin the ++++++++charges which are to paid by the buyerCorrectAnswer(reightCourAnswer(reight*elect The $lankQuestion Copyright protects the ++++++++ of an idea rather thanthe idea itself,CorrectAnswere"pressionCourAnswere"pressionTrue3(alseQuestion If the document is merely a receipt# the =ague'Vishy>ules apply,CorrectAnswer(alseCourAnswerTrue*elect The $lankQuestion The commercial aims of the parties to the contract aredefeated not by their fault but by force of++++++++circumstancesCorrectAnswer*uper%eningCourAnswer*uper1cialMultiple Choice *ingle AnswerQuestion If the seller reuires payment before the deferredpayment credit matures# he can obtain it byCorrectAnswer.egotiating the Letter of CreditCourAnswer.egotiating the Letter of Credit*elect The $lankQuestion The clause Arri%al means that the seller has to causedeli%ery to be made to the buyer from the ++++++++CorrectAnswer*hipCourAnswer*hipTrue3(alseQuestion Arbitration in the socialist countries are similar in somerespects from that in the countries of free economyCorrectAnswer(alseCourAnswer(alseMultiple Choice *ingle AnswerQuestion Paries to an agreement may restrict the the right of eitherparty to issuingCorrectAnswerParticular courtCourAnswerParticular courtMultiple Choice Multiple AnswerQuestion -here payment under a letter of credit is arranged# thestages can normally be distinguishedCorrectAnswerThe e"porter and the o%erseas buyer agree in the contractof sale that payment shall be made under a letter ofcredit # The o%erseas buyer instructs a bank at his place ofbusiness to open a letter of credit # The ad%ising bankinforms the e"porter that it will negotiate# his draft upondeli%ery of the transport documentCourAnswerThe e"porter and the o%erseas buyer agree in the contractof sale that payment shall be made under a letter ofcredit # The o%erseas buyer instructs a bank at his place ofbusiness to open a letter of credit # The ad%ising bankinforms the e"porter that it will negotiate# his draft upondeli%ery of the transport documentMultiple Choice *ingle AnswerQuestion To a%oid anything in the nature of set o6 or counter claim#a letter of credit is gi%en by aCorrectAnswer$ank to the sellerCourAnswer$ank to the seller*elect The $lankQuestion If the carrier or his agent negligently misdates the bill#the carrier as principal is liable in++++++++CorrectAnswerdamagesCourAnswerlossMultiple Choice *ingle AnswerQuestion The 2.CIT>AL Conciliation >ules# like the Arbitration>ules# apply only of the parties ha%eCorrectAnswerAdopted themCourAnswerAdopted themMatch The (ollowingQuestion Correct Answer Cour AnswerIndia is a signatoryand indeed a foundermember/ATT /ATT-orld Trade@rganiBationMember India -T@Intellectual Property>ights Agreement7T>IP*8+India# a party T>IP* agreemnt)uration of A< yearsfor patentsT>IP* agreemnt Paris Con%entionMultiple Choice *ingle AnswerQuestion Industrial design is design elements inCorrectAnswerIndustrial produced articlesCourAnswerIndustrial produced articlesMultiple Choice *ingle AnswerQuestion If no reuest for conciliation is made or the conciliationfails# the dispute proceeds toCorrectAnswerArbitrationCourAnswerArbitrationMultiple Choice Multiple AnswerQuestion Literary work also co%ers secondary work on e"istingsources pro%ided that it in turn in%ol%es literaryCorrectAnswer*kill # Labor # EudgmentCourAnswer*kill # Labor # Eudgment*C)L+P/)I$+*!MA+ICL+J+/>@2P*C)L+A*True3(alseQuestion The 4oating policy is not a time policy but the aggregation of %oyage policiesCorrect Answer TrueCour Answer True*elect The $lankQuestion In some cases# the transaction may not in%ol%e a sale, The product may ha%ebeen ++++++++ or loaned by the ownerCorrect Answer LeasedCour Answer Leased*elect The $lankQuestion In legal phraseology there is no pri%ity of ++++++++ between customer andmanufacturerCorrect Answer ContractCour Answer Contract*elect The $lankQuestion The unpaid seller has also a ++++++++ interest in them untill the buyer isdeemed to ha%e accepted the goodsCorrect Answer )efensibleCour Answer ContingentTrue3(alseQuestion -ords which do not describe the character or uality of goods areregisterable,Correct Answer TrueCour Answer (alseTrue3(alseQuestion The seller pays all the charges upto the loading of goods at the address ofbuyerCorrect Answer (alseCour Answer TrueMultiple Choice Multiple AnswerQuestion Arbitration tribunals ha%e been consituted inCorrect Answer Poland # CBekoslo%akia # =ungaryCour Answer Poland # CBekoslo%akia # =ungaryTrue3(alseQuestion 2nder through $ills of Lading Co%ering on Carriage by air# the airconsignment is a document of title but bill of lading is not,Correct Answer (alseCour Answer (alse*elect The $lankQuestion Copyright protects the ++++++++ of an idea rather than the idea itself,Correct Answer e"pressionCour Answer e"pressionMultiple Choice *ingle AnswerQuestion In a contrat between A# $ @f $ombay and $anglore respecti%ely it may bepro%ided that all dispute between them should be decided by a court in $ombay,Therefore in case $ 1les a suit in $anglore# A may *ucessfully ob&ected to theCorrect Answer Euridication of courts in $angloreCour Answer Euridication of courts in $angloreMultiple Choice *ingle AnswerQuestion The customer and manufacture has noCorrect Answer Pri%ity of ContractCour Answer Pri%ity of ContractMultiple Choice *ingle AnswerQuestion /ATT is a multilateral treaty that lays down general rules for the cnduct ofCorrect Answer International trade relationCour Answer International trade relationMultiple Choice Multiple AnswerQuestion The Institute Cargo clauses $ co%ers the loss of or damage to the sub&ect 'matter insured reasonably attributed toCorrect Answer (ire or e"plosion # )ischarge of cargo at a port of distress #!arthuake# %olcanic eruption or lighteningCour Answer (ire or e"plosion # )ischarge of cargo at a port of distress # !arthuake#%olcanic eruption or lightening*elect The $lankQuestion The burden of proof for reco%ery under the insurance is that of the++++++++Correct Answer AssuredCour Answer AssuredTrue3(alseQuestion Term of >egistration and renewal increased from K to 9< years,Correct Answer TrueCour Answer TrueTrue3(alseQuestion Ii is in the public interest to encourage the marketing of the products ha%ingdefects that can be sold in lower price to the public,Correct Answer (alseCour Answer (alseMultiple Choice Multiple AnswerQuestion .ew?ealan prohibits and restricts certain types of paking likeCorrect Answer The use of hay # The use of cha6 # The use of rice huskCour Answer The use of hay # The use of cha6 # The use of rice huskMultiple Choice *ingle AnswerQuestion The trading In%oice should state theCorrect Answer .ame and addresses of seller and buyerCour Answer .ame and addresses of seller and buyerMultiple Choice *ingle AnswerQuestion Industrial design is design elements inCorrect Answer Industrial produced articlesCour Answer Industrial produced articlesMatch The (ollowingQuestion Correct Answer Cour AnswerLegal protection of computer software Trade secreat system Trade secreat system!"pression of thought @riginal work @riginal work.ot entitled for copyright protection A mere idea Computer work.o%els# drama# poetry Literary work A mere ideaMatch The (ollowingQuestion LL LLCorrect Answer LL LLCour AnswerLLThe manufacturing process LL Quality control LL LL QualitycontrolImportant issue of %ertical pri%ity is LL-ho can be sued LL -ho can besued*ales talk LL LL@pinion LLmaticulousprecautionsAn automobile or high speed machinery LL maticulous precautions LL Themarketing processMultiple Choice *ingle AnswerQuestion If the seller reuires payment before the deferred payment credit matures#he can obtain it byCorrect Answer .egotiating the Letter of CreditCour Answer .egotiating the $ill of LadingMultiple Choice Multiple AnswerQuestion The critical point is in the port of shipmentin the traditional forms of e"portcontracts such asCorrect Answer f,o,b # c,i,f # f,a,sCour Answer f,o,b # c,i,f # f,a,sTrue3(alseQuestion *cenic e6ects and costumes are not the sub&ects of copyright e%en if theyare artisticCorrect Answer (alseCour Answer (alseMultiple Choice *ingle AnswerQuestion The work under the copyright Act should beCorrect Answer originated from the authorCour Answer originated from the authorMultiple Choice *ingle AnswerQuestion The words copyright deri%es from the e"pressionCorrect Answer Copy or wordsCour Answer Copy or wordsMultiple Choice *ingle AnswerQuestion 2nregistered trade mark can be protected by the action ofCorrect Answer Passing o6Cour Answer Passing o6Multiple Choice *ingle AnswerQuestion Apolicy which speci1es the agreed %alue of the sub&ect mateer insuredCorrect Answer A %alued policyCour Answer A %alued policy*elect The $lankQuestion The in%oice ++++++++is to be stated as the terms of the contractCorrect Answer PriceCour Answer Price*elect The $lankQuestion The clause Arri%al means that the seller has to cause deli%ery to be madetothe buyer from the ++++++++Correct Answer *hipCour Answer *hipTrue3(alseQuestion Time policies may co%er a 1"ed priod of twel%e months on the continuationclauseCorrect Answer (alseCour Answer (alseMultiple Choice *ingle AnswerQuestion In%entions are protected byCorrect Answer PatentCour Answer PatentTrue3(alseQuestion The computer programmes ha%e been included in the ambit of patentabilityCorrect Answer (alseCour Answer (alse*elect The $lankQuestion The shipper is entitled to demand that the bill of lading should be++++++++correctlyCorrect Answer datedCour Answer datedMultiple Choice *ingle AnswerQuestion A contract in which the parties agree that a false in%oice be isued isCorrect Answer 2nenforceable by LawCour Answer 2nenforceable by Law*elect The $lankQuestion 2nder f,o,b contract the cost of loading is usually included in the++++++++charges which are to paid by the buyerCorrect Answer (reightCour Answer (reight*elect The $lankQuestion -hen the consumer deals with the retailer rather than directly with themanufacture he establishes a ++++++++ relationshipCorrect Answer ContractualCour Answer Contractual*elect The $lankQuestion ++++++++ has no eastablished status in Law but are admissible in e%idenceagainst the seller if litigation ensues between him and buyerCorrect Answer Letters of InsuranceCour Answer Letters of creditMultiple Choice Multiple AnswerQuestion The e"clusion clauses co%ersCorrect Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused byany terroristCour Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused by anyterrorist*elect The $lankQuestion The rights of the copyright ++++++++ may be roughly classi1ed intoreproduction rights and performing rights,Correct Answer ownerCour Answer ownerMultiple Choice Multiple AnswerQuestion The theories of liability may be di%ided into three groupsCorrect Answer .egligence # Misrepresentation# both tortions and by breach ofwarranty # *trict liabilty in tort for defecti%e productsCour Answer .egligence # Misrepresentation# both tortions and by breach of warranty# *trict liabilty in tort for defecti%e productsTrue3(alseQuestion The buyer is entitled to refuse the acceptance of the goods if they arepacked in accordance of his instructionsCorrect Answer (alseCour Answer (alseMultiple Choice Multiple AnswerQuestion Paries con%ention lay down the basic principle go%erning protection ofCorrect Answer Patents # Trademarks # Industrial designCour Answer Patents # TrademarksTrue3(alseQuestion An electrical terminal for washing meachine was held registrable because apotential customer may decide to buy it solely for its utilityCorrect Answer (alseCour Answer (alseMultiple Choice *ingle AnswerQuestion The broker wright the essentials of the proposed insurance in cuetomeryabbre%iationson a document calledCorrect Answer The *lipCour Answer The *lipMultiple Choice Multiple AnswerQuestion Classi1cation of contracts by it5s %alidity areCorrect Answer Voidable contract # Illegal contract # 2nenforceable contractCour Answer Voidable contract # Illegal contract # 2nenforceable contractMultiple Choice Multiple AnswerQuestion The Lioyd5s marine policy form is schedule into which the followinginformation is to be insertedCorrect Answer The policy number # The sub&ect' matter insured # The amount insuredCour Answer The policy number # The sub&ect' matter insured # The amount insured SCDL&P%DI!&SEM&'&*CL&SUMEET+UMAR,AIN Multiple Choice Multiple Answer Question The Indian Court ha%e summed up the following ingredients or elements to settle the uestions of similarity of two marks, Correct Answer @%erall construction # Phonetic *imilarity # The o%erall similarity Multiple Choice *ingle Answer Question Legal status of protection of trade mark can be acuired either by Correct Answer Prolonged use of trade mark by registration Multiple Choice Multiple Answer Question Classi1cation of contracts by it5s %alidity are Correct Answer Voidable contract # Illegal contract # 2nenforceable contract Multiple Choice *ingle Answer Question The %ery purpose of a mark is to Correct Answer )istinguish the goods of ser%ice from another True3(alse Question @nce registered with -IP@# a Trade Mark is protected in each member country Correct Answer True Multiple Choice *ingle Answer Question A contract in which the parties agree that a false in%oice be isued is Correct Answer 2nenforceable by Law *elect The $lank Question In legal phraseology there is no pri%ity of ++++++++ between customer and manufacturer Correct Answer Contract True3(alse Question The frustration occures whene%er the Law recogniBes that with default of either party a contractual obligation has become incapable of being performed Correct Answer True True3(alse Question If certain occures which are beyond their control such clauses are known as force Ma&eure Clauss Correct Answer True True3(alse Question @nce there is non disclouser# be it fraudulent negligient or innocent# the aggrie%ed paryt is entitled to elect whether he would a%oid or aHrm the contract Correct Answer True Multiple Choice *ingle Answer Question The legal principle that the $ank is entitled ro re&ect documents which do not strictly con1rm with the terms of the credit is the Correct Answer )octrine of strict compliance True3(alse Question In%ented words# coined words# fancy words are all synonymous terms, Correct Answer True Multiple Choice *ingle Answer Question The most freuent method of payment for goods is the e"port trade is Correct Answer Letter of credit Multiple Choice *ingle Answer Question The customer and manufacture has no Correct Answer Pri%ity of Contract Multiple Choice Multiple Answer Question .ew?ealan prohibits and restricts certain types of paking like Correct Answer The use of hay # The use of cha6 # The use of rice husk Multiple Choice *ingle Answer Question In a contrat between A# $ @f $ombay and $anglore respecti%ely it may be pro%ided that all dispute between them should be decided by a court in $ombay, Therefore in case $ 1les a suit in $anglore# A may *ucessfully ob&ected to the Correct Answer Euridication of courts in $anglore *elect The $lank Question The in%oice ++++++++is to be stated as the terms of the contract Correct Answer Price True3(alse Question The buyer is entitled to refuse the acceptance of the goods if they are packed in accordance of his instructions Correct Answer (alse *elect The $lank Question In some cases# the transaction may not in%ol%e a sale, The product may ha%e been ++++++++ or loaned by the owner Correct Answer Leased Multiple Choice Multiple Answer Question The following may not be treated as in%ented words, Correct Answer Misspelling # Compounding of e"isting descripti%e word # -ords framed by mere addition of ad&ecti%e pre1"es or suH"es Match The (ollowing Question Correct Answer -our Answer The most important institution for the arbitral settlement of International trade disputes The ICC court The ICC court The administrati%e and 1nancial regulations IC*I) IC*I) !uropean Arbitration *ponsored by the 2. economic commission *ponsored by the 2. economic commission The London court of International arbitration *ponsored by Chartered Insitute of Arbitration *ponsored by Chartered Insitute of Arbitration True3(alse Question Purchasers cannot try out drugs to determine whether they kill or cure Correct Answer True Multiple Choice *ingle Answer Question The single most important document in International Trade and forms the %ery basis of a large %olume in international trade is Correct Answer L3C Match The (ollowing Question Correct Answer -our Answer Application for >egistration of Trademarks oHce of Trademark >egistry Procedure for registration of trade mark Purpose of mark )istinguish the goods of one trader from those of another )istinguish the goods of one trader from those of another Application for registration under the Trademark Act# 9::: Trademark *ingle application >egistration of Trademarks *ingle application oHce of Trademark >egistry Multiple Choice Multiple Answer Question In stand by letters of credit# the bank may also be instructed to authorise another bank against the stipulated documents to Correct Answer Pay bills of e"change # Accept bills of e"change # .egotiate bills of e"change Multiple Choice *ingle Answer Question The law relating to letters of credit is founded on the principle of Correct Answer The doctrine of strict performance *elect The $lank Question A 5 would be patentee may endanger his own chances by any sort of publicity ++++++++ registration of a patent Correct Answer $efore Multiple Choice Multiple Answer Question The shipping document consist of mainly Correct Answer A clean bill of lading # Amarine insurance policy # The in%oice *elect The $lank Question The++++++++ e"poter has no locas standi under /ATT Correct Answer Indi%idual Multiple Choice Multiple Answer Question (ollowing word marks other than surnames are registerable, They are Correct Answer Personal names # /eographical names # .ames of sect Multiple Choice *ingle Answer Question The law of product safety is Correct Answer >egulatory law *elect The $lank Question The marine insurance co%ers all riskof loss or damage to the sub&ect ' matter insured e"cept ++++++++clauses Correct Answer !"clusion clauses *elect The $lank Question The rights of the copyright ++++++++ may be roughly classi1ed into reproduction rights and performing rights, Correct Answer owner Multiple Choice Multiple Answer Question The following attracts copyright once the choice and arrangement of sourcematerial is more than mimimal#I,e a piece of Correct Answer =istorical writing # A new report # A selection of poetry Multiple Choice *ingle Answer Question Arbitration under the >ules of ICC is open to Correct Answer Members and non members *elect The $lank Question The impact of appeal to the consumers has been the++++++++of the sales Correct Answer $lack bone True3(alse Question The open co%er may be limited in time while the 4oating policy is normally limited to twel%e months Correct Answer True *elect The $lank Question The unpaid seller has also a ++++++++ interest in them untill the buyer is deemed to ha%e accepted the goods Correct Answer )efensible Multiple Choice Multiple Answer Question )ramatic work includes Correct Answer work of dance and mine # the scenario for a 1lm # the script for a 1lm *elect The $lank Question The ICC Court of arbitration its seat at the headuarters of the ICC in++++++++ Correct Answer Paris *elect The $lank Question An issue of bill of lading who deliberately backdates it in order to bring it within the shipment time in the credit# acts ++++++++ Correct Answer frandulently *elect The $lank Question The ++++++++ of the product concept is the 1rst and in many ways most important safety functions of manufacturers, Correct Answer (ormulation Multiple Choice *ingle Answer Question The marine insurance policy or the marine insurance certi1cate forms a partof the Correct Answer *hipping )ocument Multiple Choice *ingle Answer Question The rights which enable the proprietory of the trade mark to the e"clusi%e use of that trade mark in relation to the goods for which it is registered is Correct Answer *tatutory rights Multiple Choice *ingle Answer Question The trading In%oice should state the Correct Answer .ame and addresses of seller and buyer True3(alse Question Product liability and product safety are the phrases used to describe the lawconcerning product'related accidents and illness Correct Answer True True3(alse Question In the case of &oint authorship# the term of copyright is in relation to the author who dies 1rst Correct Answer (alse SCDL&P%DI!&SEM&'&*CL&SUMEET+UMAR,AIN *elect The $lank Question The burden of proof for reco%ery under the insurance is that of the ++++++++ Correct Answer Assured Multiple Choice *ingle Answer Question An administrati%e commission for concilliation is constituted at the ICC and for each dispute a conciliation committee of three members is set up by the Correct Answer President of ICC Multiple Choice *ingle Answer Question The broker wright the essentials of the proposed insurance in cuetomery abbre%iationson a document called Correct Answer The *lip *elect The $lank Question In legal phraseology there is no pri%ity of ++++++++ between customer and manufacturer Correct Answer Contract True3(alse Question The law of products liability go%erns the public litigation of product accidents Correct Answer (alse Multiple Choice Multiple Answer Question The contractual nature of arbituration determines uestions # which are not free from contro%ersy , The uestion are Correct Answer -hether arbitration himself can decide conclusi%ely # whether it thearbitration clause is contained in the original contract # whether the arbitation clause itself is under cloud Multiple Choice *ingle Answer Question A contract in which the parties agree that a false in%oice be isued is Correct Answer 2nenforceable by Law Multiple Choice Multiple Answer Question In stand by letters of credit# the bank may also be instructed to authorise another bank against the stipulated documents to Correct Answer Pay bills of e"change # Accept bills of e"change # .egotiate bills of e"change *elect The $lank Question It would be infringed by making a ++++++++ copy of the topographical arrengement, Correct Answer facsimile Multiple Choice *ingle Answer Question Apolicy which speci1es the agreed %alue of the sub&ect mateer insured Correct Answer A %alued policy Multiple Choice Multiple Answer Question @ther documents inluded in the shipping documents are Correct Answer Certi1cate of origin # Certi1cate of uality # Certi1cate of inspection True3(alse Question Infringement of patent takes place# normally during Industrial or Commercial acti%ities Correct Answer True True3(alse Question In the case o 4iterary work like encyclopedia dictionaries# year books etc,# i,e, where there is collecti%e work and output# there is a &oint authorship, Correct Answer (alse Multiple Choice *ingle Answer Question -here the sub&ect ' matter is insured from one point to another isa Correct Answer Voyage policy Multiple Choice *ingle Answer Question The container is normally shipped under an ordinary Correct Answer *hipped bill of lading Multiple Choice Multiple Answer Question Classi1cation of contracts by it5s %alidity are Correct Answer 2nenforceable contract # Voidable contract # Illegal contract Multiple Choice *ingle Answer Question The most freuent method of payment for goods is the e"port trade is Correct Answer Letter of credit Multiple Choice *ingle Answer Question The single most important document in International Trade and forms the %ery basis of a large %olume in international trade is Correct Answer L3C *elect The $lank Question ++++++++ has no eastablished status in Law but are admissible in e%idence against the seller if litigation ensues between him and buyer Correct Answer Letters of Insurance Multiple Choice *ingle Answer Question If the carriage of goods by sea are carried in bulk# e,g, coal# oil# grain# the shipper may hise a whole %essel i,e, Correct Answer charter party Multiple Choice *ingle Answer Question The law relating to letters of credit is founded on the principle of Correct Answer The doctrine of strict performance Multiple Choice *ingle Answer Question The trading In%oice should state the Correct Answer .ame and addresses of seller and buyer Multiple Choice Multiple Answer Question )ramatic work includes Correct Answer work of dance and mine # the scenario for a 1lm # the script for a 1lm Multiple Choice Multiple Answer Question The letter of cradit should state which of the methods ha%e been chosen by the parties namely# Correct Answer Payment at sight # )eferred payment # Acceptance or negotiance *elect The $lank Question An issue of bill of lading who deliberately backdates it in order to bring it within the shipment time in the credit# acts ++++++++ Correct Answer frandulently *elect The $lank Question The Arbitrations and Conciliation Act# 9::G was enacted taking into accountthe model law and >ules recommended by 2nited .ation for eHcient ++++++++ of disputed arising in international commercial relation Correct Answer *ettlement Multiple Choice *ingle Answer Question The work under the copyright Act should be Correct Answer originated from the author Multiple Choice *ingle Answer Question The marine insurance policy or the marine insurance certi1cate forms a partof the Correct Answer *hipping )ocument Match The (ollowing Question Correct Answer -our Answer The manufacturing process Quality control Quality control Important issue of %ertical pri%ity is -ho can be sued The marketing process *ales talk @pinion maticulous precautions An automobile or high speed machinery maticulous precautions -ho can be sued Multiple Choice Multiple Answer Question A general a%erage act has to satify the followling reuirements, It must be Correct Answer In time of peril # An e"traordinary sacri1ce or e"penditure # Purposely resorted to True3(alse Question The arbitrator # like a &udge# has power to order the inspection of the ob&ect in dispute, Correct Answer True True3(alse Question Ii is in the public interest to encourage the marketing of the products ha%ingdefects that can be sold in lower price to the public, Correct Answer (alse True3(alse Question The e"pression literary work co%ers work which is e"pressed in print or writing irrespecti%e of whether the uality or styal is high Correct Answer True Multiple Choice *ingle Answer Question If the carriage of goods by sea are indi%idual pakages# they are carried under Correct Answer bill of lading Multiple Choice *ingle Answer Question It is essential that a patentable in%ention must possess Correct Answer 2tility Multiple Choice *ingle Answer Question The law of product safety is Correct Answer >egulatory law *elect The $lank Question A 5 would be patentee may endanger his own chances by any sort of publicity ++++++++ registration of a patent Correct Answer $efore Multiple Choice Multiple Answer Question Paris con%ention is applicable to industrial property Correct Answer In%entions # Trade marks # *er%ice marks True3(alse Question The two types of contract of carriage by sea is contracts e%ident by bill of lading and contracts containing perils Correct Answer (alse *elect The $lank Question The container leasing contract pro%idees that the lessee has to pay ++++++++if he retains the container beyond stipulated time Correct Answer Liuidated damages Multiple Choice Multiple Answer Question Translation # editorial work in%ol%es Correct Answer Ammendments # !"planation # Compilation Multiple Choice *ingle Answer Question The no%elty of an in%ention is to be recogniBed from the angle of Correct Answer Manner of manufacture Multiple Choice Multiple Answer Question The shipping document consist of mainly Correct Answer A clean bill of lading # Amarine insurance policy # The in%oice Multiple Choice Multiple Answer Question .ew?ealan prohibits and restricts certain types of paking like Correct Answer The use of hay # The use of cha6 # The use of rice husk True3(alse Question The buyer is entitled to refuse the acceptance of the goods if they are packed in accordance of his instructions Correct Answer (alse Match The (ollowing Question Correct Answer -our Answer India is a signatory and indeed a founder member /ATT /ATT -orld Trade @rganisation Member India -T@ Intellectual Property >ights Agreement 7T>IP*8+ India# a party Member India )uration of A< years for patents T>IP* agreemnt T>IP* agreemnt True3(alse Question -here a cargo is a tender in such a manner as to put an ordinary careful insurer on inuriy and he fails to inuire a wai%er may be assumed Correct Answer True SCDL&P%DI!&SEM&'&*CL&SUMEET+UMAR,AIN Multiple Choice *ingle Answer Question If the carriage of goods by sea are carried in bulk# e,g, coal# oil# grain# the shipper may hise a whole %essel i,e, Correct Answer charter party Multiple Choice Multiple Answer Question A retardation is the machinary to settle the dispute in most Correct Answer Con%ient manner # *peedist manner # cheaper manner *elect The $lank Question The e"pression stale bill of lading is used in ++++++++ practice Correct Answer banking True3(alse Question In the case of a con1rmed credit# the engagement of the ad%ising bank to the bene1ciary is not stated in the letter of ad%ise, Correct Answer (alse True3(alse Question In practice re%ocable credits are not widely used and irre%ocable credits are in freuent use, Correct Answer True *elect The $lank Question $roadcasting is considered to be ++++++++ by wireless telegraphy capable of being lawfully recei%ed by members of pubilc, Correct Answer transmission Match The (ollowing Question Correct Answer -our Answer Legalprotection of computer software Trade secreat system Computer work !"pressionof thought @riginal work @riginal work .ot entitled for copyright protection A mere idea A mere idea .o%els# drama# poetry Literary work Literary work *elect The $lank Question An implied contract is one which is inferred from the ++++++++ of the parties, Correct Answer Conduct True3(alse Question A patentee or his licensee is not granted e"clusi%e right to e"ploit the in%ention Correct Answer (alse Multiple Choice *ingle Answer Question The cost of marine insurance shall be borne by the seller or by the buyer normally pro%ided by the Correct Answer Terms of the contract of sale *elect The $lank Question The assured can insure a consignment of goods from Pune to $irmingham pro%ided these place are++++++++in the marine policy as the commencement and destination of the transit Correct Answer .amed True3(alse Question Arbitration has a contract and non &udicial element, Correct Answer (alse *elect The $lank Question The shipper is entitled to demand that the bill of lading should be++++++++ correctly Correct Answer dated True3(alse Question The e"pression literary work co%ers work which is e"pressed in print or writing irrespecti%e of whether the uality or styal is high Correct Answer True Multiple Choice *ingle Answer Question The *lip is lodged at Correct Answer Insurance company True3(alse Question The arbitrator as a pri%ate &udge may not be absolutely impartial, Correct Answer (alse Multiple Choice *ingle Answer Question @ne of the parties to the marine insurance is Dnown as Correct Answer Assured True3(alse Question In the case o 4iterary work like encyclopedia dictionaries# year books etc,# i,e, where there is collecti%e work and output# there is a &oint authorship, Correct Answer (alse Multiple Choice *ingle Answer Question The *ociety Lloyd5s has members like Correct Answer 2nderwriting Multiple Choice *ingle Answer Question The work under the copyright Act should be Correct Answer originated from the author *elect The $lank Question Contracts created by law are called ++++++++, Correct Answer Quasi contract Multiple Choice Multiple Answer Question The root reuirement in creating the work is Correct Answer suHcient skill# fudgement and labour # selection indgement and e"perience # selection labour# skill and capital Multiple Choice Multiple Answer Question The letter of cradit should state which of the methods ha%e been chosen by the parties namely# Correct Answer Acceptance or negotiance # Payment at sight # )eferred payment Multiple Choice *ingle Answer Question If the goods are sold on the c,i,f,terms# the duty to take out the policy and pay the cost of insurance is of Correct Answer *eller Multiple Choice Multiple Answer Question The e"clusion clauses co%ers Correct Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused by any terrorist True3(alse Question The principles relating to the ordinary letters of credit dosen5t apply to standby credits Correct Answer (alse Multiple Choice *ingle Answer Question If the parties ha%e arranged a payment at sight credit# the ad%ising bank is instructed to arrange for the payment Correct Answer to the seller# due on presentation of their documents Multiple Choice *ingle Answer Question Patent once granted for an in%ention is an intellectual property which remains in force for a Correct Answer *peci1c period of time Multiple Choice Multiple Answer Question (ollowing con%entions establish international 1ling system Correct Answer !uropean Patent Con%ention # Patet Cooperation Treaty # Madrid Agreement for Trade Mark True3(alse Question 2nder through $ills of Lading Co%ering on Carriage by air# the air consignment is a document of title but bill of lading is not, Correct Answer (alse *elect The $lank Question 2nder f,o,b contract the cost of loading is usually included in the ++++++++charges which are to paid by the buyer Correct Answer (reight *elect The $lank Question Copyright protects the ++++++++ of an idea rather than the idea itself, Correct Answer e"pression True3(alse Question If the document is merely a receipt# the =ague'Vishy >ules apply, Correct Answer (alse *elect The $lank Question The commercial aims of the parties to the copntract are defeated not by their fault but by force of ++++++++circumstrances Correct Answer *uper%ening Multiple Choice *ingle Answer Question If the seller reuires payment before the deferred payment credit matures# he can obtain it by Correct Answer .egotiating the Letter of Credit *elect The $lank Question The clause Arri%al means that the seller has to cause deli%ery to be madeto the buyer from the ++++++++ Correct Answer *hip True3(alse Question Arbitration in the socialist countries are similar in some respects from that in the countries of free economy Correct Answer (alse Multiple Choice *ingle Answer Question Paries to an agreement may restrict the the right of either party to issuing Correct Answer Particular court Multiple Choice Multiple Answer Question -here payment under a letter of credit is arranged# the stages can normally be distinguished Correct Answer The e"porter and the o%erseas buyer agree in the contract of sale that payment shall be made under a letter of credit # The o%erseas buyer instructs a bank at his place of business to open a letter of credit # The ad%ising bank informs the e"porter that it will negotiate# his draft upon deli%ery of the transport document Multiple Choice *ingle Answer Question To a%oid anything in the nature of set o6 or counter claim# a letter of credit is gi%en by a Correct Answer $ank to the seller *elect The $lank Question If the carrier or his agent negligently misdates the bill# the carrier as principal is liable in++++++++ Correct Answer damages Multiple Choice *ingle Answer Question The 2.CIT>AL Conciliation >ules# like the Arbitration >ules# apply only of the parties ha%e Correct Answer Adopted them Match The (ollowing Question Correct Answer -our Answer India is a signatory and indeed a founder member /ATT /ATT -orld Trade @rganisation Member India -T@ Intellectual Property >ights Agreement 7T>IP*8+ India# a party T>IP* agreemnt )uration of A< years for patents T>IP* agreemnt Paris Con%ention Multiple Choice *ingle Answer Question Industrial design is design elements in Correct Answer Industrial produced articles Multiple Choice *ingle Answer Question If no reuest for conciliation is made or the conciliation fails# the dispute proceeds to Correct Answer Arbitration Multiple Choice Multiple Answer Question Literary work also co%ers secondary work on e"isting sources pro%ided that it in turn in%ol%es literary Correct Answer *kill # Labour # Eudgement Multiple Choice *ingle Answer Question If the carriage of goods by sea are carried in bulk# e,g, coal# oil# grain# the shipper may hise a whole %essel i,e, Correct Answer charter party Multiple Choice Multiple Answer Question A retardation is the machinary to settle the dispute in most Correct Answer Con%ient manner # *peedist manner # cheaper manner *elect The $lank Question The e"pression stale bill of lading is used in ++++++++ practice Correct Answer banking True3(alse Question In the case of a con1rmed credit# the engagement of the ad%ising bank to the bene1ciary is not stated in the letter of ad%ise, Correct Answer (alse True3(alse Question In practice re%ocable credits are not widely used and irre%ocable credits are in freuent use, Correct Answer True *elect The $lank Question $roadcasting is considered to be ++++++++ by wireless telegraphy capable of being lawfully recei%ed by members of pubilc, Correct Answer transmission Match The (ollowing Question Correct Answer -our Answer Legalprotection of computer software Trade secreat system Computer work !"pressionof thought @riginal work @riginal work .ot entitled for copyright protection A mere idea A mere idea .o%els# drama# poetry Literary work Literary work *elect The $lank Question An implied contract is one which is inferred from the ++++++++ of the parties, Correct Answer Conduct True3(alse Question A patentee or his licensee is not granted e"clusi%e right to e"ploit the in%ention Correct Answer (alse Multiple Choice *ingle Answer Question The cost of marine insurance shall be borne by the seller or by the buyer normally pro%ided by the Correct Answer Terms of the contract of sale *elect The $lank Question The assured can insure a consignment of goods from Pune to $irmingham pro%ided these place are++++++++in the marine policy as the commencement and destination of the transit Correct Answer .amed True3(alse Question Arbitration has a contract and non &udicial element, Correct Answer (alse *elect The $lank Question The shipper is entitled to demand that the bill of lading should be++++++++ correctly Correct Answer dated True3(alse Question The e"pression literary work co%ers work which is e"pressed in print or writing irrespecti%e of whether the uality or styal is high Correct Answer True Multiple Choice *ingle Answer Question The *lip is lodged at Correct Answer Insurance company True3(alse Question The arbitrator as a pri%ate &udge may not be absolutely impartial, Correct Answer (alse Multiple Choice *ingle Answer Question @ne of the parties to the marine insurance is Dnown as Correct Answer Assured True3(alse Question In the case of literary work like encyclopedia dictionaries# year books etc,# i,e, where there is collecti%e work and output# there is a &oint authorship, Correct Answer (alse Multiple Choice *ingle Answer Question The *ociety Lloyd5s has members like Correct Answer 2nderwriting Multiple Choice *ingle Answer Question The work under the copyright Act should be Correct Answer originated from the author *elect The $lank Question Contracts created by law are called ++++++++, Correct Answer Quasi contract Multiple Choice Multiple Answer Question The root reuirement in creating the work is Correct Answer suHcient skill# fudgement and labour # selection indgement and e"perience # selection labour# skill and capital Multiple Choice Multiple Answer Question The letter of cradit should state which of the methods ha%e been chosen by the parties namely# Correct Answer Payment at sight # )eferred payment # Acceptance or negotiance Multiple Choice *ingle Answer Question If the goods are sold on the c,i,f,terms# the duty to take out the policy and pay the cost of insurance is of Correct Answer *eller Multiple Choice Multiple Answer Question The e"clusion clauses co%ers Correct Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused by any terrorist True3(alse Question The principles relating to the ordinary letters of credit dosen5t apply to standby credits Correct Answer (alse Multiple Choice Multiple Answer Question The correct dating of the bill of lading is a important matter, It is material in three legal relationships Correct Answer In the content of carriage # In the contract of sale # In relation to the banks under a letter of credit Multiple Choice *ingle Answer Question If the parties ha%e arranged a payment at sight credit# the ad%ising bank is instructed to arrange for the payment Correct Answer to the seller# due on presentation of their documents Multiple Choice *ingle Answer Question Patent once granted for an in%ention is an intellectual property which remains in force for a Correct Answer *peci1c period of time Multiple Choice Multiple Answer Question (ollowing con%entions establish international 1ling system Correct Answer !uropean Patent Con%ention # Patent Cooperation Treaty # Madrid Agreement for Trade Mark True3(alse Question 2nder through $ills of Lading Co%ering on Carriage by air# the air consignment is a document of title but bill of lading is not, Correct Answer (alse *elect The $lank Question 2nder f,o,b contract the cost of loading is usually included in the ++++++++charges which are to paid by the buyer Correct Answer (reight *elect The $lank Question Copyright protects the ++++++++ of an idea rather than the idea itself, Correct Answer e"pression True3(alse Question If the document is merely a receipt# the =ague'Vishy >ules apply, Correct Answer (alse *elect The $lank Question The commercial aims of the parties to the contract are defeated not by their fault but by force of ++++++++circumstances Correct Answer *uper%ening Multiple Choice *ingle Answer Question If the seller reuires payment before the deferred payment credit matures# he can obtain it by Correct Answer .egotiating the Letter of Credit *elect The $lank Question The clause Arri%al means that the seller has to cause deli%ery to be made tothe buyer from the ++++++++ Correct Answer *hip True3(alse Question Arbitration in the socialist countries are similar in some respects from that in the countries of free economy Correct Answer (alse Multiple Choice *ingle Answer Question Paries to an agreement may restrict the the right of either party to issuing Correct Answer Particular court Multiple Choice Multiple Answer Question -here payment under a letter of credit is arranged# the stages can normally be distinguished Correct Answer The e"porter and the o%erseas buyer agree in the contract of sale that payment shall be made under a letter of credit # The o%erseas buyer instructs a bank at his place of business to open a letter of credit # The ad%ising bank informs the e"porter that it will negotiate# his draft upon deli%ery of the transport document Multiple Choice *ingle Answer Question To a%oid anything in the nature of set o6 or counter claim# a letter of credit is gi%en by a Correct Answer $ank to the seller *elect The $lank Question If the carrier or his agent negligently misdates the bill# the carrier as principal is liable in++++++++ Correct Answer damages Multiple Choice *ingle Answer Question The 2.CIT>AL Conciliation >ules# like the Arbitration >ules# apply only of the parties ha%e Correct Answer Adopted them Match The (ollowing Question Correct Answer -our Answer India is a signatory and indeed a founder member /ATT /ATT -orld Trade @rganiBation Member India -T@ Intellectual Property >ights Agreement 7T>IP*8+ India# a party T>IP* agreemnt )uration of A< years for patents T>IP* agreemnt Paris Con%ention Multiple Choice *ingle Answer Question Industrial design is design elements in Correct Answer Industrial produced articles Multiple Choice *ingle Answer Question If no reuest for conciliation is made or the conciliation fails# the dispute proceeds to Correct Answer Arbitration Multiple Choice Multiple Answer Question Literary work also co%ers secondary work on e"isting sources pro%ided that it in turn in%ol%es literary Correct Answer *kill # Labor # Eudgment SCDL&P%DI!&SEM&'&*CL&SUMEET+UMAR,AIN True3(alse Question The 4oating policy is not a time policy but the aggregation of %oyage policies Correct Answer True *elect The $lank Question In some cases# the transaction may not in%ol%e a sale, The product may ha%e been ++++++++ or loaned by the owner Correct Answer Leased *elect The $lank Question In legal phraseology there is no pri%ity of ++++++++ between customer and manufacturer Correct Answer Contract *elect The $lank Question The unpaid seller has also a ++++++++ interest in them untill the buyer is deemed to ha%e accepted the goods Correct Answer )efensible True3(alse Question -ords which do not describe the character or uality of goods are registerable, Correct Answer True True3(alse Question The seller pays all the charges upto the loading of goods at the address of buyer Correct Answer (alse Multiple Choice Multiple Answer Question Arbitration tribunals ha%e been consituted in Correct Answer Poland # CBekoslo%akia # =ungary True3(alse Question 2nder through $ills of Lading Co%ering on Carriage by air# the air consignment is a document of title but bill of lading is not, Correct Answer (alse *elect The $lank Question Copyright protects the ++++++++ of an idea rather than the idea itself, Correct Answer e"pression Multiple Choice *ingle Answer Question In a contrat between A# $ @f $ombay and $anglore respecti%ely it may be pro%ided that all dispute between them should be decided by a court in $ombay, Therefore in case $ 1les a suit in $anglore# A may *ucessfully ob&ected to the Correct Answer Euridication of courts in $anglore Multiple Choice *ingle Answer Question The customer and manufacture has no Correct Answer Pri%ity of Contract Multiple Choice *ingle Answer Question /ATT is a multilateral treaty that lays down general rules for the cnduct of Correct Answer International trade relation Multiple Choice Multiple Answer Question The Institute Cargo clauses $ co%ers the loss of or damage to the sub&ect ' matter insured reasonably attributed to Correct Answer (ire or e"plosion # )ischarge of cargo at a port of distress # !arthuake# %olcanic eruption or lightening *elect The $lank Question The burden of proof for reco%ery under the insurance is that of the ++++++++ Correct Answer Assured True3(alse Question Term of >egistration and renewal increased from K to 9< years, Correct Answer True True3(alse Question Ii is in the public interest to encourage the marketing of the products ha%ingdefects that can be sold in lower price to the public, Correct Answer (alse Multiple Choice Multiple Answer Question .ew?ealan prohibits and restricts certain types of paking like Correct Answer The use of hay # The use of cha6 # The use of rice husk Multiple Choice *ingle Answer Question The trading In%oice should state the Correct Answer .ame and addresses of seller and buyer Multiple Choice *ingle Answer Question Industrial design is design elements in Correct Answer Industrial produced articles Match The (ollowing Question Correct Answer -our Answer Legalprotection of computer software Trade secreat system Trade secreat system !"pressionof thought @riginal work @riginal work .ot entitled for copyright protection A mere idea Computer work .o%els# drama# poetry Literary work A mere idea Match The (ollowing Question Correct Answer -our Answer The manufacturing process Quality control Quality control Important issue of %ertical pri%ity is -ho can be sued -ho can be sued *ales talk @pinion maticulous precautions An automobile or high speed machinery maticulous precautions The marketing process Multiple Choice *ingle Answer Question If the seller reuires payment before the deferred payment credit matures# he can obtain it by Correct Answer .egotiating the Letter of Credit Multiple Choice Multiple Answer Question The critical point is in the port of shipmentin the traditional forms of e"port contracts such as Correct Answer f,o,b # c,i,f # f,a,s True3(alse Question *cenic e6ects and costumes are not the sub&ects of copyright e%en if they are artistic Correct Answer (alse Multiple Choice *ingle Answer Question The work under the copyright Act should be Correct Answer originated from the author Multiple Choice *ingle Answer Question The words copyright deri%es from the e"pression Correct Answer Copy or words Multiple Choice *ingle Answer Question 2nregistered trade mark can be protected by the action of Correct Answer Passing o6 Multiple Choice *ingle Answer Question Apolicy which speci1es the agreed %alue of the sub&ect mateer insured Correct Answer A %alued policy *elect The $lank Question The in%oice ++++++++is to be stated as the terms of the contract Correct Answer Price *elect The $lank Question The clause Arri%al means that the seller has to cause deli%ery to be madeto the buyer from the ++++++++ Correct Answer *hip True3(alse Question Time policies may co%er a 1"ed priod of twel%e months on the continuation clause Correct Answer (alse Multiple Choice *ingle Answer Question In%entions are protected by Correct Answer Patent True3(alse Question The computer programmes ha%e been included in the ambit of patentabilityCorrect Answer (alse *elect The $lank Question The shipper is entitled to demand that the bill of lading should be++++++++ correctly Correct Answer dated Multiple Choice *ingle Answer Question A contract in which the parties agree that a false in%oice be isued is Correct Answer 2nenforceable by Law *elect The $lank Question 2nder f,o,b contract the cost of loading is usually included in the ++++++++charges which are to paid by the buyer Correct Answer (reight *elect The $lank Question -hen the consumer deals with the retailer rather than directly with the manufacture he establishes a ++++++++ relationship Correct Answer Contractual *elect The $lank Question ++++++++ has no eastablished status in Law but are admissible in e%idence against the seller if litigation ensues between him and buyer Correct Answer Letters of Insurance Multiple Choice Multiple Answer Question The e"clusion clauses co%ers Correct Answer -ar e"clusion clause # *trike e"clusion # Loss or damage caused by any terrorist *elect The $lank Question The rights of the copyright ++++++++ may be roughly classi1ed into reproduction rights and performing rights, Correct Answer owner Multiple Choice Multiple Answer Question The theories of liability may be di%ided into three groups Correct Answer .egligence # Misrepresentation# both torti