ICL

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

Correct Answer
Increased value policy

Multiple Choice Single Answer

Question
Where the subject - matter is insured from one point to another isa

Correct Answer
Voyage policy
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Multiple Choice Single Answer

Question
If the carriage of goods by sea are carried in bulk, e.g. coal, oil, grain, the shipper may
hise a whole vessel i.e.

Correct Answer
charter party

Multiple Choice Single Answer

Question
The trading Invoice should state the

Correct Answer
Name and addresses of seller and buyer

Select The Blank

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

Correct Answer
Contract

Select The Blank

Question
The________ expoter has no locas standi under GATT

Correct Answer
Individual

Match The Following

Question Correct Answer
The most important institution for the==== The ICC court
arbitral settlement of International trade disputes

The administrative and financial regulations === ICSID

European Arbitration==== Sponsored by the UN economic commission
The London court of International arbitration==Sponsored by Chartered Insitute of
Arbitration

Multiple Choice Multiple Answer

Question
Inventions that are not patentable are

Correct Answer
Invention which is frivolous , Any plan or scheme , The mere discovery of a new
property
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Multiple Choice Multiple Answer

Question
When a general average act occures the three interest are at risk

Correct Answer
The ship , The cargo , The frieght
Select The Blank

Question
The assured can insure a consignment of goods from Pune to Birmingham provided these
place are________in the marine policy as the commencement and destination of the
transit

Correct Answer
Named

Multiple Choice Single Answer

Question
The marine insurance policy or the marine insurance certificate forms a part of the

Correct Answer
Shipping Document

Select The Blank

Question
Contracts created by law are called ________.

Correct Answer
Quasi contract

Select The Blank

Question
India is a signatory and indeed a ________ member of GATT

Correct Answer
Founder

Multiple Choice Single Answer

Question
The copy right is

Correct Answer
Incorporal property

Select The Blank

 ICL

Question
The expression stale bill of lading is used in ________ practice

Correct Answer
banking

True/False
Question
Invented words, coined words, fancy words are all synonymous terms.

Correct Answer
True

Multiple Choice Single Answer

Question
The legal principle that the Bank is entitled ro reject documents which do not strictly
confirm with the terms of the credit is the

Correct Answer
Doctrine of strict compliance

Select The Blank

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

Correct Answer
Assured

Select The Blank

Question
The marine insurance covers all riskof loss or damage to the subject - matter insured
except ________clauses

Correct Answer
Exclusion clauses

Multiple Choice Single Answer

Question
The international carriage of goods is to a large extent, still conducted on the basis of
paper work by using

Correct Answer
transport documents

True/False
 ICL

Question
A patentee or his licensee is not granted exclusive right to exploit the invention

Correct Answer
False

True/False
Question
The arbitrator , like a judge, has power to order the inspection of the object in dispute.

Correct Answer
True

Multiple Choice Single Answer

Question
The single most important document in International Trade and forms the very basis of a
large volume in international trade is

Correct Answer
L/C

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

Select The Blank

Question
It would be infringed by making a ________ copy of the topographical arrengement.

Correct Answer
facsimile

Multiple Choice Multiple Answer

Question
Paries convention lay down the basic principle governing protection of

Correct Answer
Patents , Trademarks , Industrial design

Multiple Choice Multiple Answer

Question
A general average act has to satify the followling requirements. It must be
 ICL

Correct Answer
In time of peril , An extraordinary sacrifice or expenditure , Purposely resorted to

Multiple Choice Multiple Answer

Question
Paris convention is applicable to industrial property

Correct Answer
Inventions , Trade marks , Service marks

Multiple Choice Single Answer

Question
The insured value specified in the policy is the

Correct Answer
Agreed Value

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

Correct Answer
False

Multiple Choice Multiple Answer

Question
The letter of cradit should state which of the methods have been chosen by the parties
namely,

Correct Answer
Payment at sight , Deferred payment , Acceptance or negotiance

Multiple Choice Multiple Answer

Question
There ia absence of free consent if the agreement is induced by

Correct Answer
Coercion , Undue influence , Misrepresentation

True/False
Question
In the United States, most commercial arbitration are governed by the United States
Arbitration Act

Correct Answer
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True

True/False
Question
Arbitration has a contract and non judicial element.

Correct Answer
False

Multiple Choice Single Answer

Question
The goodwill between a trader and his customer, which the marks helps to sustain is
protected by the

Correct Answer
Common Law

Multiple Choice Multiple Answer

Question
The contractual nature of arbituration determines questions , which are not free
from controversy . The question are

Correct Answer
Whether arbitration himself can decide conclusively , whether it the arbitration
clause is contained in the original contract , whether the arbitation clause itself is
under cloud

Multiple Choice Single Answer

Question
A reputed automobile manufacturer advertised that their cars have a shatter proof glass
windowshields. These windowshields were supposed to eliminate the dangers of flying
glass. A customer of such car while driving car was hit by a pebble which shattered the
windowshield injuring his eyes. The court awarded the decision in the favour of

Correct Answer
Customer

Multiple Choice Multiple Answer

Question
Products liability law is full of mixtures . It is mixture of

Correct Answer
Tort law , Contract law , Consumer protection law

True/False
 ICL

Question
The law of products liability governs the public litigation of product accidents

Correct Answer
False

True/False
Question
Purchasers cannot try out drugs to determine whether they kill or cure

Correct Answer
True

True/False
Question
The principles relating to the ordinary letters of credit dosen't apply to standby credits

Correct Answer
False

Multiple Choice Multiple Answer

Question
In a few exceptional cases the assured is barred from recovering the overpaid portions of
the premium

Correct Answer
If 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

Select The Blank

Question
If the carrier or his agent negligently misdates the bill, the carrier as principal is liable
in________

Correct Answer
damages

PGDIB_SEM_2_INT_COMM_LAW_2.
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single Answer
Question
The copy right is

Correct Answer
Incorporal property
 ICL

Select The Blank

Question
An implied contract is one which is inferred from the ________ of the parties.

Correct Answer
Conduct

Select The Blank

Question
The clause Arrival means that the seller has to cause delivery to be madeto the buyer
from the ________

Correct Answer
Ship

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

Select The Blank

Question
India is a signatory and indeed a ________ member of GATT

Correct Answer
Founder

Multiple Choice Multiple Answer

Question
Paris convention is applicable to industrial property

Correct Answer
Inventions , Trade marks , Service marks

Select The Blank

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

Correct Answer
Assured
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Multiple Choice Multiple Answer

Question
A contract may be frustrated because subsequent to the conclusion the govt. has
prohibited its performance are

Correct Answer
By place an embargo on the exportation of the goods sold , By place an embargo on the
Importation of the goods sold , By the imposition of restructive regulation regardng
Licenses and quota

Select The Blank

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

Correct Answer
Price

Select The Blank

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

Correct Answer
expression

Multiple Choice Single Answer

Question
The Slip is lodged at

Correct Answer
Insurance company

True/False
Question
The open cover may be limited in time while the floating policy is normally limited to
twelve months

Correct Answer
True

Multiple Choice Single Answer

Question
Legal status of protection of trade mark can be acquired either by

Correct Answer
Prolonged use of trade mark by registration
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True/False
Question
Invented words, coined words, fancy words are all synonymous terms.

Correct Answer
True

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

Correct Answer
Increased value policy

Select The Blank

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

Correct Answer
Contract

True/False
Question
The defination of patent includes mere discovery of a scientific principle

Correct Answer
False

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 Single Answer

Question
The single most important document in International Trade and forms the very basis of a
large volume in international trade is

Correct Answer
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L/C

Select The Blank

Question
The container leasing contract providees that the lessee has to pay ________if he retains
the container beyond stipulated time

Correct Answer
Liquidated damages

True/False

Question
The law of products liability governs the public litigation of product accidents

Correct Answer
False

Multiple Choice Single Answer

Question
The trading Invoice should state the

Correct Answer
Name and addresses of seller and buyer

Multiple Choice Multiple Answer

Question
Following are not registerable under the Emblems and Names (Prevention of improper
use ) Act, 1950.

Correct Answer
Mahatma Gandhi , Pandit Nehru , Shivaji Maharaj

Multiple Choice Single Answer

Question
The most frequent method of payment for goods is the export trade is

Correct Answer
Letter of credit

Multiple Choice Multiple Answer

Question
The contractual nature of arbituration determines questions , which are not free from
controversy . The question are

Correct Answer
 ICL

Whether arbitration himself can decide conclusively , whether it the arbitration clause is
contained in the original contract , whether the arbitation clause itself is under cloud

Multiple Choice Multiple Answer

Question
A general average act has to satify the followling requirements. It must be

Correct Answer
In time of peril , An extraordinary sacrifice or expenditure , Purposely resorted to

Multiple Choice Multiple Answer

Question
Where payment under a letter of credit is arranged, the stages can normally be
distinguished

Correct Answer
The exporter and the overseas buyer agree in the contract of sale that payment shall be
made under a letter of credit , The overseas buyer instructs a bank at his place of business
to open a letter of credit , The advising bank informs the exporter that it will negotiate,
his draft upon delivery of the transport document

Multiple Choice Single Answer

Question
The Hague - Visby Ruleshold the carrier liable if he acts

Correct Answer
Negligently

Match The Following

Question Correct Answer

Stating that the credit is divisible or that it is unrestricted for negotiation = Transferable
credit
Letter of credit Paper transaction
Undertaking by a bank to make payment to a third party A stand by letter of credit
Convenient method of finance for the small exporter Packing credit

Multiple Choice Single Answer

Question
A contract in which the parties agree that a false invoice be isued is

Correct Answer
Unenforceable by Law

Multiple Choice Multiple Answer

Question
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Actual total loss occures

Correct Answer
Where the subject matter is destroyed , Where the assured has been irretrievably deprived
thereof , Where the subjectmatter has been so damaged that is has loss is commercial
identity

True/False

Question
The expression literary work covers work which is expressed in print or writing
irrespective of whether the quality or styal is high

Correct Answer
True

True/False

Question
In the case of a confirmed credit, the engagement of the advising bank to the beneficiary
is not stated in the letter of advise.

Correct Answer
False

Multiple Choice Single Answer

Question
Industrial design is design elements in

Correct Answer
Industrial produced articles

True/False
Question
In the socialist countries arbitration tribunals are constituted for dealing with commercial
disputes

Correct Answer
True

Select The Blank

Question
The marine insurance covers all riskof loss or damage to the subject - matter insured
except ________clauses

Correct Answer
 ICL

Exclusion clauses

Select The Blank

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

True/False
Question
Arbitration is the most convenient machinery to settle the dispute.

Correct Answer
True

Select The Blank

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

Correct Answer
dated

Multiple Choice Single Answer

Question
The consumer's main concern is in the

Correct Answer
Quality of what they are buying

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

Correct Answer
True

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
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Multiple Choice Multiple Answer

Question
Other documents inluded in the shipping documents are

Correct Answer
Certificate of origin , Certificate of quality , Certificate of inspection

True/False
Question
The principles relating to the ordinary letters of credit dosen't apply to standby credits

Correct Answer
False

Multiple Choice Multiple Answer

Question
In a few exceptional cases the assured is barred from recovering the overpaid portions of
the premium

Correct Answer
If 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

Match The Following

Question Correct Answer

India is a signatory and indeed a founder member GATT

World Trade Organisation Member India
Intellectual Property Rights Agreement (TRIPS)_ India, a party
Duration of 20 years for patents TRIPS agreemnt

Multiple Choice Multiple Answer

Question
When a general average act occures the three interest are at risk
Correct Answer
The ship , The cargo , The frieght

PGDIB_SEM_2_INT_COMM_LAW_3.
LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank

 ICL

Question The clause Arrival means that the seller has to cause delivery to be madeto the
buyer from the ________

Correct Answer Ship

Multiple Choice Single Answer

Question The court of Arbitration does not itself disputes but if the parties have not
agreed on the arbitrator (s) , the court appoints

Correct Answer An arbitrator

Select The Blank

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

Multiple Choice Single Answer

Question If the carriage of goods by sea are individual pakages, they are carried under

Correct Answer bill of lading

Multiple Choice Single Answer

Question The most frequent method of payment for goods is the export trade is

Correct Answer Letter of credit

Multiple Choice Single Answer

Question The ICC Court of Arbitration is not a governmental institution but is created
by the

Correct Answer International Chamber of Commerce

Select The Blank

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

Correct Answer dated

Multiple Choice Single Answer

Question If the parties have arranged a payment at sight credit, the advising bank is
instructed to arrange for the payment
Correct Answer to the seller, due on presentation of their documents

Multiple Choice Single Answer

 ICL

Question To avoid anything in the nature of set off or counter claim, a letter of
credit is given by a
Correct Answer Bank to the seller

True/False
Question Arbitration is the most convenient machinery to settle the dispute.

Correct Answer True

Multiple Choice Single Answer

Question For sea transport the international convention is

Correct Answer the Hague - Vishy rules relating to bill of lading

Multiple Choice Multiple Answer

Question The London court of Inernational Arbitration is a tripartite organization
sponsored by the
Correct Answer Chartered Insitute of Arbitration , London Chamber of Commerce , The
city of London Corporation

Select The Blank

Question The ICC Court of arbitration its seat at the headquarters of the ICC
in________

Correct Answer Paris

Your Answer Paris

Multiple Choice Multiple Answer

Question The shipping document consist of mainly

Correct Answer A clean bill of lading , Amarine insurance policy , The invoice

Multiple Choice Single Answer

Question The Hague - Visby Ruleshold the carrier liable if he acts

Correct Answer Negligently

True/False
Question The frustration occures whenever the Law recognizes that with default of
either party a contractual obligation has become incapable of being performed

Correct Answer True

Select The Blank

 ICL

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

Correct Answer Leased

Multiple Choice Multiple Answer

Question Where payment under a letter of credit is arranged, the stages can normally be
distinguished

Correct Answer The exporter and the overseas buyer agree in the contract of sale that
payment shall be made under a letter of credit , The overseas buyer instructs a bank at his
place of business to open a letter of credit , The advising bank informs the exporter that it
will negotiate, his draft upon delivery of the transport document

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 exchange , Accept bills of exchange , Negotiate bills of
exchange

Multiple Choice Single Answer

Question The law relating to letters of credit is founded on the principle of

Correct Answer The doctrine of strict performance

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 Single Answer

Question Land transport (Road), the international convention is

Correct Answer the CMR

True/False
Question In the case of a confirmed credit, the engagement of the advising bank to the
beneficiary is not stated in the letter of advise.
Correct Answer False

Multiple Choice Single Answer

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Question If the seller requires payment before the deferred payment credit matures, he
can obtain it by

Correct Answer Negotiating the Letter of Credit

True/False
Question Infringement of patent takes place, normally during Industrial or Commercial
activities

Correct Answer True

Select The Blank

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

Correct Answer Price

True/False
Question In practice revocable credits are not widely used and irrevocable credits are in
frequent use.

Correct Answer True

Multiple Choice Single Answer

Question A contract in which the parties agree that a false invoice be isued is

Correct Answer Unenforceable by Law

Multiple Choice Single Answer

Question The plaintiff must have some badge of recognition upon which to found his

Correct Answer Reputation

Multiple Choice Single Answer

Question The words copyright derives from the expression

Correct Answer Copy or words

Match The Following

Question Correct Answer
World Trade Organisation Member India
Intellectual Property Rights Agreement (TRIPS)_ India, a party
Duration of 20 years for patents TRIPS agreemnt
India is a signatory and indeed a founder member GATT

True/False
 ICL

Question The two types of contract of carriage by sea is contracts evident by bill of
lading and contracts containing perils

Correct Answer False

Multiple Choice Multiple Answer

Question Dramatic work includes

Correct Answer work of dance and mine , the scenario for a film , the script for a film

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

Correct Answer False

Select The Blank

Question A ' would be patentee may endanger his own chances by any sort of publicity
________ registration of a patent

Correct Answer Before

True/False
Question The open cover may be limited in time while the floating policy is normally
limited to twelve months

Correct Answer True

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 Multiple Answer

Question Kinds of bills of lading are

Correct Answer Shipped and received bills , Feright prepaid and freight collect bill ,
clean and claused bill

Multiple Choice Multiple Answer

Question The major alterations proposed by the Hamburg Rules are

Correct Answer Increased maximum limits of liability of the carrier , Exclusion of the
carrier's liability in case of error in nevigation, abolished , Application of the rules to
transport documents

Multiple Choice Multiple Answer

 ICL

Question Following are not registerable under the Emblems and Names (Prevention of
improper use ) Act, 1950.

Correct Answer Mahatma Gandhi , Pandit Nehru , Shivaji Maharaj

Multiple Choice Multiple Answer

Question Industrial design may be defined as

Correct Answer Features of shape , configuration , Patter and ornament

Multiple Choice Multiple Answer

Question Classification of contracts by it's validity are

Correct Answer Voidable contract , Illegal contract , Unenforceable contract

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

True/False
Question In the case o fliterary work like encyclopedia dictionaries, year books etc., i.e.
where there is collective work and output, there is a joint authorship.

Correct Answer False

Multiple Choice Single Answer

Question The novelty of an invention is to be recognized from the angle of

Correct Answer Manner of manufacture

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

SCDL_PGDIB_SEM_2_ICL_5_4SET_A

Multiple Choice Multiple Answer

Question The Indian Court have summed up the following ingredients or elements
to settle the Questions of similarity of two marks.
Correct Answer Overall construction , Phonetic Similarity , The overall similarity
 ICL

Multiple Choice Single Answer

Question Legal status of protection of trade mark can be acquired either by
Correct Answer Prolonged use of trade mark by registration

Multiple Choice Multiple Answer

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

Multiple Choice Single Answer

Question The very purpose of a mark is to
Correct Answer Distinguish the goods of service from another

True/False
Question Once registered with WIPO, a Trade Mark is protected in each member
country
Correct Answer True

Multiple Choice Single Answer

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

Select The Blank

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

True/False
Question The frustration occures whenever the Law recognizes that with default of
either party a contractual obligation has become incapable of being performed
Correct Answer True

True/False
Question If certain occures which are beyond their control such clauses are known
as force Majeure Clauss
Correct Answer True
 ICL

True/False
Question Once there is non disclouser, be it fraudulent negligient or innocent, the
aggrieved paryt is entitled to elect whether he would avoid or affirm the contract
Correct Answer True

Multiple Choice Single Answer

Question The legal principle that the Bank is entitled ro reject documents which do
not strictly confirm with the terms of the credit is the
Correct Answer Doctrine of strict compliance

True/False
Question Invented words, coined words, fancy words are all synonymous terms.
Correct Answer True

Multiple Choice Single Answer

Question The most frequent method of payment for goods is the export trade is
Correct Answer Letter of credit

Multiple Choice Single Answer

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

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 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

Select The Blank

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

True/False
 ICL

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

Select The Blank

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

Multiple Choice Multiple Answer

Question The following may not be treated as invented words.
Correct Answer Misspelling , Compounding of existing descriptive word , Words
framed by mere addition of adjective prefixes or suffixes

Match The Following

Question Correct Answer Your Answer

The most important institution for the arbitral settlement of International trade disputes
The ICC court The ICC court

The administrative and financial regulations ICSID ICSID

European Arbitration Sponsored by the UN economic commission Sponsored by the UN

economic commission

The London court of International arbitration Sponsored by Chartered Insitute of

Arbitration Sponsored by Chartered Insitute of Arbitration

True/False
Question Purchasers cannot try out drugs to determine whether they kill or cure
Correct Answer True

Multiple Choice Single Answer

Question The single most important document in International Trade and forms the
very basis of a large volume in international trade is
Correct Answer L/C

Match The Following

Question Correct Answer Your Answer
 ICL

Application for Registration of Trademarks office of Trademark Registry Procedure for

registration of trade mark

Purpose of mark Distinguish the goods of one trader from those of another
Distinguish the goods of one trader from those of another

Application for registration under the Trademark Act, 1999 Trademark Single
application

Registration of Trademarks Single application office of Trademark Registry

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 exchange , Accept bills of exchange , Negotiate bills of
exchange

Multiple Choice Single Answer

Question The law relating to letters of credit is founded on the principle of
Correct Answer The doctrine of strict performance

Select The Blank

Question A ' would be patentee may endanger his own chances by any sort of
publicity ________ registration of a patent
Correct Answer Before

Multiple Choice Multiple Answer

Question The shipping document consist of mainly
Correct Answer A clean bill of lading , Amarine insurance policy , The invoice

Select The Blank

Question The________ expoter has no locas standi under GATT
Correct Answer Individual

Multiple Choice Multiple Answer

Question Following word marks other than surnames are registerable. They are
Correct Answer Personal names , Geographical names , Names of sect
 ICL

Multiple Choice Single Answer

Question The law of product safety is
Correct Answer Regulatory law

Select The Blank

Question The marine insurance covers all riskof loss or damage to the subject -
matter insured except ________clauses
Correct Answer Exclusion clauses

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 following attracts copyright once the choice and arrangement of
source material is more than mimimal,I.e a piece of
Correct Answer Historical writing , A new report , A selection of poetry

Multiple Choice Single Answer

Question Arbitration under the Rules of ICC is open to
Correct Answer Members and non members

Select The Blank

Question The impact of appeal to the consumers has been the________of the sales
Correct Answer Black bone

True/False
Question The open cover may be limited in time while the floating policy is
normally limited to twelve months
Correct Answer True

Select The Blank

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

Multiple Choice Multiple Answer

Question Dramatic work includes
Correct Answer work of dance and mine , the scenario for a film , the script for a
film

Select The Blank

Question The ICC Court of arbitration its seat at the headquarters of the ICC
in________
Correct Answer Paris

Select The Blank

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

Select The Blank

Question The ________ of the product concept is the first and in many ways most
important safety functions of manufacturers.
Correct Answer Formulation

Multiple Choice Single Answer

Question The marine insurance policy or the marine insurance certificate forms a
part of the
Correct Answer Shipping Document

Multiple Choice Single Answer

Question The rights which enable the proprietory of the trade mark to the exclusive
use of that trade mark in relation to the goods for which it is registered is
Correct Answer Statutory rights

Multiple Choice Single Answer

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

True/False
Question Product liability and product safety are the phrases used to describe the
law concerning product-related accidents and illness
Correct Answer True
 ICL

True/False
Question In the case of joint authorship, the term of copyright is in relation to the
author who dies first
Correct Answer False

SCDL_PGDIB_SEM_2_ICL_5_4SET_B

Select The Blank

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

Multiple Choice Single Answer

Question An administrative 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 Single Answer

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

Select The Blank

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

True/False
Question The law of products liability governs the public litigation of product
accidents
Correct Answer False

Multiple Choice Multiple Answer

Question The contractual nature of arbituration determines Questions , which are
not free from controversy . The Question are
Correct Answer Whether arbitration himself can decide conclusively , whether it
the arbitration clause is contained in the original contract , whether the arbitation clause
itself is under cloud
 ICL

Multiple Choice Single Answer

Question A contract in which the parties agree that a false invoice be isued is
Correct Answer Unenforceable 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 exchange , Accept bills of exchange , Negotiate bills of
exchange

Select The Blank

Question It would be infringed by making a ________ copy of the topographical
arrengement.
Correct Answer facsimile

Multiple Choice Single Answer

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

Multiple Choice Multiple Answer

Question Other documents inluded in the shipping documents are
Correct Answer Certificate of origin , Certificate of quality , Certificate of
inspection

True/False
Question Infringement of patent takes place, normally during Industrial or
Commercial activities
Correct Answer True

True/False
Question In the case o fliterary work like encyclopedia dictionaries, year books etc.,
i.e. where there is collective work and output, there is a joint authorship.
Correct Answer False

Multiple Choice Single Answer

Question Where the subject - matter is insured from one point to another isa
Correct Answer Voyage policy
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Multiple Choice Single Answer

Question The container is normally shipped under an ordinary
Correct Answer Shipped bill of lading

Multiple Choice Multiple Answer

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

Multiple Choice Single Answer

Question The most frequent method of payment for goods is the export trade is
Correct Answer Letter of credit

Multiple Choice Single Answer

Question The single most important document in International Trade and forms the
very basis of a large volume in international trade is
Correct Answer L/C

Select The Blank

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 Single Answer

Question If the carriage of goods by sea are carried in bulk, e.g. coal, oil, grain, the
shipper may hise a whole vessel i.e.
Correct Answer charter party

Multiple Choice Single Answer

Question The law relating to letters of credit is founded on the principle of
Correct Answer The doctrine of strict performance

Multiple Choice Single Answer

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

Multiple Choice Multiple Answer

Question Dramatic work includes
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Correct Answer work of dance and mine , the scenario for a film , the script for a
film

Multiple Choice Multiple Answer

Question The letter of cradit should state which of the methods have been chosen by
the parties namely,
Correct Answer Payment at sight , Deferred payment , Acceptance or negotiance

Select The Blank

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

Select The Blank

Question The Arbitrations and Conciliation Act, 1996 was enacted taking into
account the model law and Rules recommended by United Nation for efficient ________
of disputed arising in international commercial relation
Correct Answer Settlement

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 marine insurance policy or the marine insurance certificate forms a
part of the
Correct Answer Shipping Document

Match The Following

Question Correct Answer Your Answer

The manufacturing process Quality control Quality control

Important issue of vertical privity is Who can be sued The marketing process

Sales talk Opinion maticulous precautions

An automobile or high speed machinery maticulous precautions Who can be

sued
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Multiple Choice Multiple Answer

Question A general average act has to satify the followling requirements. It must be
Correct Answer In time of peril , An extraordinary sacrifice or expenditure ,
Purposely resorted to

True/False
Question The arbitrator , like a judge, has power to order the inspection of the object
in dispute.
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

True/False
Question The expression literary work covers work which is expressed in print or
writing irrespective of whether the quality or styal is high
Correct Answer True

Multiple Choice Single Answer

Question If the carriage of goods by sea are individual pakages, they are carried
under
Correct Answer bill of lading

Multiple Choice Single Answer

Question It is essential that a patentable invention must possess
Correct Answer Utility

Multiple Choice Single Answer

Question The law of product safety is
Correct Answer Regulatory law

Select The Blank

Question A ' would be patentee may endanger his own chances by any sort of
publicity ________ registration of a patent
Correct Answer Before
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Multiple Choice Multiple Answer

Question Paris convention is applicable to industrial property
Correct Answer Inventions , Trade marks , Service marks

True/False
Question The two types of contract of carriage by sea is contracts evident by bill of
lading and contracts containing perils
Correct Answer False

Select The Blank

Question The container leasing contract providees that the lessee has to pay
________if he retains the container beyond stipulated time
Correct Answer Liquidated damages

Multiple Choice Multiple Answer

Question Translation , editorial work involves
Correct Answer Ammendments , Explanation , Compilation

Multiple Choice Single Answer

Question The novelty of an invention is to be recognized 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 invoice

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

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

Match The Following

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Question Correct Answer Your Answer

India is a signatory and indeed a founder member GATT GATT

World Trade Organisation Member India WTO

Intellectual Property Rights Agreement (TRIPS)_ India, a party Member India

Duration of 20 years for patents TRIPS agreemnt TRIPS agreemnt

True/False
Question Where a cargo is a tender in such a manner as to put an ordinary careful
insurer on inquriy and he fails to inquire a waiver may be assumed
Correct Answer True

SCDL_PGDIB_SEM_2_ICL_5_4SET_C

Multiple Choice Single Answer

Question If the carriage of goods by sea are carried in bulk, e.g. coal, oil,
grain, the shipper may hise a whole vessel i.e.
Correct Answer charter party

Multiple Choice Multiple Answer

Question A retardation is the machinary to settle the dispute in most
Correct Answer Convient manner , Speedist manner , cheaper manner

Select The Blank

Question The expression stale bill of lading is used in ________ practice
Correct Answer banking

True/False
Question In the case of a confirmed credit, the engagement of the advising
bank to the beneficiary is not stated in the letter of advise.
Correct Answer False

True/False
Question In practice revocable credits are not widely used and irrevocable
credits are in frequent use.
Correct Answer True

Select The Blank

Question Broadcasting is considered to be ________ by wireless telegraphy
capable of being lawfully received by members of pubilc.
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Correct Answer transmission

Match The Following

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

Select The Blank

Question An implied contract is one which is inferred from the ________ of
the parties.
Correct Answer Conduct

True/False
Question A patentee or his licensee is not granted exclusive right to exploit
the invention
Correct Answer False

Multiple Choice Single Answer

Question The cost of marine insurance shall be borne by the seller or by the
buyer normally provided by the
Correct Answer Terms of the contract of sale

Select The Blank

Question The assured can insure a consignment of goods from Pune to
Birmingham provided these place are________in the marine policy
as the commencement and destination of the transit
Correct Answer Named

True/False
Question Arbitration has a contract and non judicial element.
Correct Answer False

Select The Blank

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

True/False
Question The expression literary work covers work which is expressed in
print or writing irrespective of whether the quality or styal is high
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Correct Answer True

Multiple Choice Single Answer

Question The Slip is lodged at
Correct Answer Insurance company

True/False
Question The arbitrator as a private judge may not be absolutely impartial.
Correct Answer False

Multiple Choice Single Answer

Question One of the parties to the marine insurance is Known as
Correct Answer Assured

True/False
Question In the case o fliterary work like encyclopedia dictionaries, year
books etc., i.e. where there is collective work and output, there is a
joint authorship.
Correct Answer False

Multiple Choice Single Answer

Question The Society Lloyd's has members like
Correct Answer Underwriting

Multiple Choice Single Answer

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

Select The Blank

Question Contracts created by law are called ________.
Correct Answer Quasi contract

Multiple Choice Multiple Answer

Question The root requirement in creating the work is
Correct Answer sufficient skill, fudgement and labour , selection indgement and
experience , selection labour, skill and capital

Multiple Choice Multiple Answer

Question The letter of cradit should state which of the methods have been
chosen by the parties namely,
Correct Answer Acceptance or negotiance , Payment at sight , Deferred payment

Multiple Choice Single 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 Seller
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Multiple Choice Multiple Answer

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

True/False
Question The principles relating to the ordinary letters of credit dosen't apply
to standby credits
Correct Answer False

Multiple Choice Single Answer

Question If the parties have arranged a payment at sight credit, the advising
bank is instructed to arrange for the payment
Correct Answer to the seller, due on presentation of their documents

Multiple Choice Single Answer

Question Patent once granted for an invention is an intellectual property
which remains in force for a
Correct Answer Specific period of time

Multiple Choice Multiple Answer

Question Following conventions establish international filing system
Correct Answer European Patent Convention , Patet Cooperation Treaty , Madrid
Agreement for Trade Mark

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

Select The Blank

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

Select The Blank

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

True/False
Question If the document is merely a receipt, the Hague-Vishy Rules apply.
Correct Answer False

Select The Blank

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Question The commercial aims of the parties to the copntract are defeated
not by their fault but by force of ________circumstrances
Correct Answer Supervening

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

Select The Blank

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

True/False
Question Arbitration in the socialist countries are similar in some respects
from that in the countries of free economy
Correct Answer False

Multiple Choice Single 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 Where payment under a letter of credit is arranged, the stages can
normally be distinguished
Correct Answer The exporter and the overseas buyer agree in the contract of sale
that payment shall be made under a letter of credit , The overseas
buyer instructs a bank at his place of business to open a letter of
credit , The advising bank informs the exporter that it will
negotiate, his draft upon delivery of the transport document

Multiple Choice Single Answer

Question To avoid anything in the nature of set off or counter claim, a letter
of credit is given by a
Correct Answer Bank to the seller

Select The Blank

Question If the carrier or his agent negligently misdates the bill, the carrier
as principal is liable in________
Correct Answer damages

Multiple Choice Single Answer

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Question The UNCITRAL Conciliation Rules, like the Arbitration Rules, apply
only of the parties have
Correct Answer Adopted them

Match The Following

Question Correct Answer Your Answer
India is a signatory and
indeed a founder member
GATT GATT
World Trade Organisation Member India WTO
Intellectual Property Rights
Agreement (TRIPS)_
India, a party TRIPS agreemnt
Duration of 20 years for
patents
TRIPS agreemnt Paris Convention

Multiple Choice Single Answer

Question Industrial design is design elements in
Correct Answer Industrial produced articles

Multiple Choice Single Answer

Question If no request for conciliation is made or the conciliation fails, the
dispute proceeds to
Correct Answer Arbitration

Multiple Choice Multiple Answer

Question Literary work also covers secondary work on existing sources
provided that it in turn involves literary
Correct Answer Skill , Labour , Judgement

Multiple Choice Single Answer

Question If the carriage of goods by sea are carried in bulk, e.g. coal, oil, grain, the
shipper may hise a whole vessel i.e.
Correct Answer charter party

Multiple Choice Multiple Answer

Question A retardation is the machinary to settle the dispute in
most
Correct Answer Convient manner , Speedist manner , cheaper manner

Select The Blank

Question The expression stale bill of lading is used in ________ practice
Correct Answer banking

True/False
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Question In the case of a confirmed credit, the engagement of the advising bank to the
beneficiary is not stated in the letter of advise.
Correct Answer False

True/False
Question In practice revocable credits are not widely used and
irrevocable credits are in frequent use.
Correct
Answer
True

Select The Blank

Question Broadcasting is considered to be ________ by wireless
telegraphy capable of being lawfully received by members
of pubilc.
Correct Answer transmission

Match The Following

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

Select The Blank

Question An implied contract is one which is inferred from the
________ of the parties.
Correct Answer Conduct

True/False
Question A patentee or his licensee is not granted exclusive right to
exploit the invention
Correct Answer False

Multiple Choice Single Answer

Question The cost of marine insurance shall be borne by the seller or by the buyer
normally provided by the
Correct Answer Terms of the contract of sale

Select The Blank

Question The assured can insure a consignment of goods from Pune
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to Birmingham provided these place are________in the marine policy as the

commencement and destination of the transit
Correct Answer Named

True/False
Question Arbitration has a contract and non judicial element.
Correct Answer False

Select The Blank

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

True/False
Question The expression literary work covers work which is
expressed in print or writing irrespective of whether the
quality or styal is high
Correct
Answer
True

Multiple Choice Single Answer

Question The Slip is lodged at
Correct
Answer
Insurance company

True/False
Question The arbitrator as a private judge may not be absolutely
impartial.
Correct Answer False

Multiple Choice Single Answer

Question One of the parties to the marine insurance is Known as
Correct Answer Assured

True/False
Question In the case of literary work like encyclopedia dictionaries, year books etc., i.e.
where there is collective work and output, there is a joint authorship.
Correct Answer False

Multiple Choice Single Answer

Question The Society Lloyd's has members like
Correct Answer Underwriting
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Multiple Choice Single Answer

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

Select The Blank

Question Contracts created by law are called ________.
Correct Answer Quasi contract

Multiple Choice Multiple Answer

Question The root requirement in creating the work is
Correct Answer sufficient skill, fudgement and labour , selection indgement and
experience , selection labour, skill and capital

Multiple Choice Multiple Answer

Question The letter of cradit should state which of the methods
have been chosen by the parties namely,
Correct Answer Payment at sight , Deferred payment , Acceptance or
negotiance

Multiple Choice Single 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 Seller

Multiple Choice Multiple Answer

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

True/False
Question The principles relating to the ordinary letters of credit
dosen't apply to standby credits
Correct Answer False

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 Single Answer

Question If the parties have arranged a payment at sight credit, the
advising bank is instructed to arrange for the payment
Correct Answer to the seller, due on presentation of their documents
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Multiple Choice Single Answer

Question Patent once granted for an invention is an intellectual
property which remains in force for a
Correct Answer Specific period of time

Multiple Choice Multiple Answer

Question Following conventions establish international filing system
Correct Answer European Patent Convention , Patent Cooperation Treaty ,
Madrid Agreement for Trade Mark

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

Select The Blank

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

Select The Blank

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

True/False
Question If the document is merely a receipt, the Hague-Vishy
Rules apply.
Correct Answer False

Select The Blank

Question The commercial aims of the parties to the contract are
defeated not by their fault but by force of ________circumstances
Correct Answer Supervening

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

Select The Blank

Question The clause Arrival means that the seller has to cause delivery to be made to the
buyer from the ________
Correct Answer Ship
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True/False
Question Arbitration in the socialist countries are similar in some
respects from that in the countries of free economy
Correct Answer False

Multiple Choice Single 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 Where payment under a letter of credit is arranged, the
stages can normally be distinguished
Correct Answer The exporter and the overseas buyer agree in the contract
of sale that payment shall be made under a letter of credit , The overseas buyer instructs a
bank at his place of business to open a letter of credit , The advising bank
informs the exporter that it will negotiate, his draft upon delivery of the transport
document

Multiple Choice Single Answer

Question To avoid anything in the nature of set off or counter claim,
a letter of credit is given by a
Correct Answer Bank to the seller

Select The Blank

Question If the carrier or his agent negligently misdates the bill,
the carrier as principal is liable in________
Correct Answer damages

Multiple Choice Single Answer

Question The UNCITRAL Conciliation Rules, like the Arbitration
Rules, apply only of the parties have
Correct Answer Adopted them

Match The Following

Question Correct Answer Your Answer
India is a signatory
and indeed a founder
member
GATT GATT
World Trade
Organization
Member India WTO
Intellectual Property
Rights Agreement
(TRIPS)_
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India, a party TRIPS agreemnt

Duration of 20 years
for patents
TRIPS agreemnt Paris Convention

Multiple Choice Single Answer

Question Industrial design is design elements in
Correct Answer Industrial produced articles

Multiple Choice Single Answer

Question If no request for conciliation is made or the conciliation
fails, the dispute proceeds to
Correct Answer Arbitration

Multiple Choice Multiple Answer

Question Literary work also covers secondary work on existing
sources provided that it in turn involves literary
Correct Answer
Skill , Labor , Judgment

SCDL_PGDIB_SEM_2_ICL_5_4SET_D

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

Select The Blank

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

Select The Blank

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

Select The Blank

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
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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

Select The Blank

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 cnduct 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

Select The Blank

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
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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 Your Answer

Legalprotection of computer software Trade secreat system Trade secreat system

Expressionof thought Original work Original work

Not entitled for copyright protection A mere idea Computer work

Novels, drama, poetry Literary work A mere idea

Match The Following

Question Correct Answer Your Answer

The manufacturing process Quality control Quality control

Important issue of vertical privity is Who can be sued Who can be sued

Sales talk Opinion maticulous precautions

An automobile or high speed machinery maticulous precautions The marketing process

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

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Question The critical point is in the port of shipmentin the traditional forms of export
contracts such as
Correct 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

Select The Blank

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

Select The Blank

Question The clause Arrival means that the seller has to cause delivery to be madeto 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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Select The Blank

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

Select The Blank

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

Select The Blank

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

Select The Blank

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

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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

SCDL_PGDIB_SEM_2_ICL_SUMEET_22.08.06_1

True/False
Question The terms of the contract of sale are conditions and warranties
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer

Question The Indian Court have summed up the following ingredients or elements
to settle the questions of similarity of two marks.
Correct Answer Overall construction , Phonetic Similarity , The overall similarity
Your Answer Phonetic Similarity , The overall similarity , Overall construction

Select The Blank

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

Multiple Choice Single Answer

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Question Device marks which are the property of the government and those which
are prohibited by the statute are not
Correct Answer Registerable
Your Answer Registerable

Select The Blank

Question The Arbitrations and Conciliation Act, 1996 was enacted taking into
account the model law and Rules recommended by United Nation for efficient ________
of disputed arising in international commercial relation
Correct Answer Settlement

Multiple Choice Single Answer

Question The polices which covers a period exceeding twelve months on the
continuation clause is a
Correct Answer Time policy
Your Answer Time policy

Multiple Choice Single Answer

Question Any loss occuring during the period of insurance coverentitles the assured
to recover
Correct Answer Insurable interest
Your Answer Unpaid insurance

Multiple Choice Multiple Answer

Question The defect in a product may be in the
Correct Answer Lack of quality , Insufficiency in the instruction for use , Failure to
give adequate warning of a dangerous propensity of the product
Your Answer Lack of quality , Insufficiency in the instruction for use , Failure to
give adequate warning of a dangerous propensity of the product

Select The Blank

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
Your Answer frandulently

Multiple Choice Multiple Answer

Question Different categories of artistic work are listed in the Act.
Correct Answer graphic , photograph , sculpture
Your Answer graphic , photograph , sculpture

Multiple Choice Single Answer

Question If an irregularit occures in the conduct of the arbitration, the proceedings
are
Correct Answer Anullity
Your Answer Anullity
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