International Commercial Law - 21 | SCDL | Exam Paper | Assignment

This solved paper of International Commercial Law has been contributed by Raul Castro

THANKS TO : Raul Castro

--------------------------------------------------------------------------------

    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
  Your 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
  Your Answer   Leased
  
 Select The Blank
  Question   In legal phraseology there is no privity of ________ between customer and manufacturer
  Correct Answer   Contract
  Your 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
  Your Answer   Contingent
  
 True/False
  Question   Words which do not describe the character or quality of goods are registerable.
  Correct Answer   True
  Your Answer   False
  
 True/False
  Question   The seller pays all the charges upto the loading of goods at the address of buyer
  Correct Answer   False
  Your Answer   True
  
 Multiple Choice Multiple Answer
  Question   Arbitration tribunals have been consituted in
  Correct Answer   Poland , Czekoslovakia , Hungary 
  Your 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
  Your Answer   False
  
 Select The Blank
  Question   Copyright protects the ________ of an idea rather than the idea itself.
  Correct Answer   expression
  Your 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
  Your Answer   Juridication of courts in Banglore
  
 Multiple Choice Single Answer
  Question   The customer and manufacture has no
  Correct Answer   Privity of Contract
  Your 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
  Your 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 
  Your 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
  Your Answer   Assured
  
 True/False
  Question   Term of Registration and renewal increased from 7 to 10 years.
  Correct Answer   True
  Your 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
  Your 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 
  Your 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
  Your Answer   Name and addresses of seller and buyer
  
 Multiple Choice Single Answer
  Question   Industrial design is design elements in
  Correct Answer   Industrial produced articles
  Your 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
  Your Answer   Negotiating the Bill of Lading
  
 Multiple Choice Multiple Answer
  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 
  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
  Your Answer   False
  
 Multiple Choice Single Answer
  Question   The work under the copyright Act should be
  Correct Answer   originated from the author
  Your Answer   originated from the author
  
 Multiple Choice Single Answer
  Question   The words copyright derives from the expression
  Correct Answer   Copy or words
  Your Answer   Copy or words
  
 Multiple Choice Single Answer
  Question   Unregistered trade mark can be protected by the action of
  Correct Answer   Passing off
  Your Answer   Passing off
  
 Multiple Choice Single Answer
  Question   Apolicy which specifies the agreed value of the subject mateer insured
  Correct Answer   A valued policy
  Your Answer   A valued policy
  
 Select The Blank
  Question   The invoice ________is to be stated as the terms of the contract
  Correct Answer   Price
  Your 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
  Your Answer   Ship
  
 True/False
  Question   Time policies may cover a fixed priod of twelve months on the continuation clause
  Correct Answer   False
  Your Answer   False
  
 Multiple Choice Single Answer
  Question   Inventions are protected by
  Correct Answer   Patent
  Your Answer   Patent
  
 True/False
  Question   The computer programmes have been included in the ambit of patentability
  Correct Answer   False
  Your Answer   False
  
 Select The Blank
  Question   The shipper is entitled to demand that the bill of lading should be________ correctly
  Correct Answer   dated
  Your 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
  Your 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
  Your 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
  Your 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
  Your Answer   Letters of credit
  
 Multiple Choice Multiple Answer
  Question   The exclusion clauses covers
  Correct Answer   War exclusion clause , Strike exclusion , Loss or damage caused by any terrorist 
  Your 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
  Your 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 
  Your 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
  Your Answer   False
  
 Multiple Choice Multiple Answer
  Question   Paries convention lay down the basic principle governing protection of
  Correct Answer   Patents , Trademarks , Industrial design 
  Your Answer   Patents , Trademarks 
  
 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
  Your 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
  Your Answer   The Slip
  
 Multiple Choice Multiple Answer
  Question   Classification of contracts by it's validity are
  Correct Answer   Voidable contract , Illegal contract , Unenforceable contract 
  Your 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 
  Your Answer   The policy number , The subject- matter insured , The amount insured 
  

International Commercial Law - 20

This solved paper has been contributed by Raul Castro

THANKS TO : Raul Castro

--------------------------------------------------------------------------------

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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

Your 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

Your Answer cheaper manner , Valued manner , Convient manner

Select The Blank

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

Correct Answer banking

Your Answer legal

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

Your Answer True

True/False

Question In practice revocable credits are not widely used and irrevocable

credits are in frequent use.

Correct Answer True

Your 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

Your 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

Your Answer Gesture

True/False

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

the invention

Correct Answer False

Your Answer True

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

Your 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

Your Answer Given

True/False

Question Arbitration has a contract and non judicial element.

Correct Answer False

Your Answer True

Select The Blank

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

be________ correctly

Correct Answer dated

Your 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

Your Answer True

Multiple Choice Single Answer

Question The Slip is lodged at

Correct Answer Insurance company

Your Answer Insurance company

True/False

Question The arbitrator as a private judge may not be absolutely impartial.

Correct Answer False

Your Answer True

Multiple Choice Single Answer

Question One of the parties to the marine insurance is Known as

Correct Answer Assured

Your 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

Your Answer True

Multiple Choice Single Answer

Question The Society Lloyd's has members like

Correct Answer Underwriting

Your Answer Overwriting

Multiple Choice Single Answer

Question The work under the copyright Act should be

Correct Answer originated from the author

Your Answer originated from the author

Select The Blank

Question Contracts created by law are called ________.

Correct Answer Quasi contract

Your Answer Valid 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

Your 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

Your 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

Your 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

Your 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

Your 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

Your 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

Your 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

Your Answer European Patent Convention , Patet Cooperation Treaty , Patent

right ffor trade

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

Your 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

Your Answer Freight

Select The Blank

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

itself.

Correct Answer expression

Your Answer expression

True/False

Question If the document is merely a receipt, the Hague-Vishy Rules apply.

Correct Answer False

Your Answer True

Select The Blank

Question The commercial aims of the parties to the copntract are defeated

not by their fault but by force of ________circumstrances

Correct Answer Supervening

Your Answer Superficial

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

Your 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

Your 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

Your 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

Your 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

Your 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

Your 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

Your Answer loss

Multiple Choice Single Answer

Question The UNCITRAL Conciliation Rules, like the Arbitration Rules, apply

only of the parties have

Correct Answer Adopted them

Your 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

Your 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

Your 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

Your 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

Your

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

Your

Answer

Convient manner , cheaper manner , Valued manner

Select The Blank

Question The expression stale bill of lading is used in ________

practice

Correct

Answer

banking

Your

Answer

Legal

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

Your

Answer

True

True/False

Question In practice revocable credits are not widely used and

irrevocable credits are in frequent use.

Correct

Answer

True

Your

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

Your

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

Your

Answer

Gesture

True/False

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

exploit the invention

Correct

Answer

False

Your

Answer

True

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

Your

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

Your

Answer

Given

True/False

Question Arbitration has a contract and non judicial element.

Correct

Answer

False

Your

Answer

True

Select The Blank

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

should be________ correctly

Correct

Answer

dated

Your

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

Your

Answer

True

Multiple Choice Single Answer

Question The Slip is lodged at

Correct

Answer

Insurance company

Your

Answer

Insurance company

True/False

Question The arbitrator as a private judge may not be absolutely

impartial.

CorrectAnswerFalse

YourAnswerTrue

Multiple Choice Single Answer

Question One of the parties to the marine insurance is Known as

Correct

Answer

Assured

Your

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

Your

Answer

True

Multiple Choice Single Answer

Question The Society Lloyd's has members like

Correct

Answer

Underwriting

Your

Answer

Overwriting

Multiple Choice Single Answer

Question The work under the copyright Act should be

Correct

Answer

originated from the author

Your

Answer

originated from the author

Select The Blank

Question Contracts created by law are called ________.

Correct

Answer

Quasi contract

Your

Answer

Valid 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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

Answer

European Patent Convention , Patent Cooperation Treaty ,

Patent right for trade

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

Your

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

Your

Answer

Freight

Select The Blank

Question Copyright protects the ________ of an idea rather than

the idea itself.

Correct

Answer

expression

Your

Answer

Expression

True/False

Question If the document is merely a receipt, the Hague-Vishy

Rules apply.

Correct

Answer

False

Your

Answer

True

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

Your

Answer

Superficial

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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

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

Your

Answer

Loss

Multiple Choice Single Answer

Question The UNCITRAL Conciliation Rules, like the Arbitration

Rules, apply only of the parties have

Correct

Answer

Adopted them

Your

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)_

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

Your

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

Your

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

Your

Answer

Skill , Labor , Judgment