International Commercial Law - 9

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question The floating policy is not a time policy but the aggregation of voyage policies
Correct Answer True

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Question In some cases, the transaction may not involve a sale. The product may have been ________ or loaned by the owner
Correct Answer Leased

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Question In legal phraseology there is no privity of ________ between customer and manufacturer
Correct Answer Contract

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Question The unpaid seller has also a ________ interest in them untill the buyer is deemed to have accepted the goods
Correct Answer Defensible

True/False
Question Words which do not describe the character or quality of goods are registerable.
Correct Answer True

True/False
Question The seller pays all the charges upto the loading of goods at the address of buyer
Correct Answer False

Multiple Choice Multiple Answer
Question Arbitration tribunals have been consituted in
Correct Answer Poland , Czekoslovakia , Hungary

True/False
Question Under through Bills of Lading Covering on Carriage by air, the air consignment is a document of title but bill of lading is not.
Correct Answer False

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Question Copyright protects the ________ of an idea rather than the idea itself.
Correct Answer expression

Multiple Choice Single Answer
Question In a contrat between A, B Of Bombay and Banglore respectively it may be provided that all dispute between them should be decided by a court in Bombay. Therefore in case B files a suit in Banglore, A may Sucessfully objected to the
Correct Answer Juridication of courts in Banglore

Multiple Choice Single Answer
Question The customer and manufacture has no
Correct Answer Privity of Contract

Multiple Choice Single Answer
Question GATT is a multilateral treaty that lays down general rules for the conduct of
Correct Answer International trade relation

Multiple Choice Multiple Answer
Question The Institute Cargo clauses B covers the loss of or damage to the subject - matter insured reasonably attributed to
Correct Answer Fire or explosion, Discharge of cargo at a port of distress, Earthquake, volcanic eruption or lightening

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Question The burden of proof for recovery under the insurance is that of the ________
Correct Answer Assured

True/False
Question Term of Registration and renewal increased from 7 to 10 years.
Correct Answer True

True/False
Question Ii is in the public interest to encourage the marketing of the products having defects that can be sold in lower price to the public.
Correct Answer False

Multiple Choice Multiple Answer
Question NewZealan prohibits and restricts certain types of paking like
Correct Answer The use of hay , The use of chaff , The use of rice husk

Multiple Choice Single Answer
Question The trading Invoice should state the
Correct Answer Name and addresses of seller and buyer

Multiple Choice Single Answer
Question Industrial design is design elements in
Correct Answer Industrial produced articles

Match The Following
Question Correct Answer


Legalprotection of computer software Trade secreat system
Expressionof thought Original work
Not entitled for copyright protection A mere idea
Novels, drama, poetry Literary work



Match The Following
Question Correct Answer


The manufacturing process Quality control
Important issue of vertical privity is Who can be sued
Sales talk Opinion
An automobile or high speed machinery maticulous precautions



Multiple Choice Single Answer
Question If the seller requires payment before the deferred payment credit matures, he can obtain it by
Correct Answer Negotiating the Letter of Credit


Multiple Choice Multiple Answer
Question The critical point is in the port of shipment in the traditional forms of export contracts such as
Correct Answer f.o.b , c.i.f , f.a.s
Your Answer f.o.b , c.i.f , f.a.s

True/False
Question Scenic effects and costumes are not the subjects of copyright even if they are artistic
Correct Answer False


Multiple Choice Single Answer
Question The work under the copyright Act should be
Correct Answer originated from the author

Multiple Choice Single Answer
Question The words copyright derives from the expression
Correct Answer Copy or words

Multiple Choice Single Answer
Question Unregistered trade mark can be protected by the action of
Correct Answer Passing off

Multiple Choice Single Answer
Question Apolicy which specifies the agreed value of the subject mateer insured
Correct Answer A valued policy

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Question The invoice ________is to be stated as the terms of the contract
Correct Answer Price

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Question The clause Arrival means that the seller has to cause delivery to be made to the buyer from the ________
Correct Answer Ship

True/False
Question Time policies may cover a fixed priod of twelve months on the continuation clause
Correct Answer False

Multiple Choice Single Answer
Question Inventions are protected by
Correct Answer Patent

True/False
Question The computer programmes have been included in the ambit of patentability
Correct Answer False

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Question The shipper is entitled to demand that the bill of lading should be________ correctly
Correct Answer dated


Multiple Choice Single Answer
Question A contract in which the parties agree that a false invoice be isued is
Correct Answer Unenforceable by Law

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Question Under f.o.b contract the cost of loading is usually included in the ________charges which are to paid by the buyer
Correct Answer Freight

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Question When the consumer deals with the retailer rather than directly with the manufacture he establishes a ________ relationship
Correct Answer Contractual

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Question ________ has no eastablished status in Law but are admissible in evidence against the seller if litigation ensues between him and buyer
Correct Answer Letters of Insurance

Multiple Choice Multiple Answer
Question The exclusion clauses covers
Correct Answer War exclusion clause , Strike exclusion , Loss or damage caused by any terrorist

Select The Blank
Question The rights of the copyright ________ may be roughly classified into reproduction rights and performing rights.
Correct Answer owner

Multiple Choice Multiple Answer
Question The theories of liability may be divided into three groups
Correct Answer Negligence , Misrepresentation, both tortions and by breach of warranty , Strict liabilty in tort for defective products

True/False
Question The buyer is entitled to refuse the acceptance of the goods if they are packed in accordance of his instructions
Correct Answer False

Multiple Choice Multiple Answer
Question Paries convention lay down the basic principle governing protection of
Correct Answer Patents , Trademarks , Industrial design

True/False
Question An electrical terminal for washing meachine was held registrable because a potential customer may decide to buy it solely for its utility
Correct Answer False

Multiple Choice Single Answer
Question The broker wright the essentials of the proposed insurance in cuetomery abbreviationson a document called
Correct Answer The Slip

Multiple Choice Multiple Answer
Question Classification of contracts by it's validity are
Correct Answer Voidable contract , Illegal contract , Unenforceable contract

Multiple Choice Multiple Answer
Question The Lioyd's marine policy form is schedule into which the following information is to be inserted
Correct Answer The policy number , The subject- matter insured , The amount insured