1.Olways Technologies Ltd., an American IT organization is intending to make a venture

through an entirely claimed auxiliary in a product project in China with a timeframe of realistic usability of

two years. The expansion in China is assessed as 8%. Working incomes are

gotten at the year end.

For the task an underlying speculation of Chinese Yuan (CN) 1795847.9618 will be in

land. The land will be sold after the finish of undertaking at assessed esteem

of CN 968451.52. The venture additionally requires an office complex at cost of CN

89566.154 payable toward the start of venture. The intricate will be deteriorated

on straight-line premise more than two years to a zero rescue esteem. This complex is

expected to bring CN 854981.85 toward the finish of undertaking.

The organization is wanting to raise the necessary assets through GDR issue in

Mauritius. Each GDR will have 5 regular value portions of the organization as

basic security which are presently exchanging at $ 200 for each offer (Face Value

= $10) in the homegrown market. The organization has presently delivered the profit of 22.65%

which is relied upon to develop at 19.110% p.a. The complete issue cost is assessed to be 0.1

percent of issue size.

The yearly deals is relied upon to be 10,000 units at the pace of CN 500 for every unit. The

cost of unit is relied upon to increase at the pace of swelling. Variable working expenses

are 41.52% of deals. Fixed working costs will be CN 851547.964 every year and

expected to increase at the pace of expansion.

The assessment rate appropriate in China for money and capital increase is 22.55% and according to

GOI Policy no further assessment will be payable in American. The current spot pace of

CN 1 is $ 11.529. The ostensible loan cost in American and China is 10.2% and 11.630%

separately and the worldwide equality conditions hold

You are needed to

I. Distinguish expected future incomes in China and decide NPV of the venture in

CN.

ii. Decide if Olways Technologies ought to go for the venture or not

expecting that there neither there is limitation on the exchange of assets

from China to American nor any charges/charges payable on the exchange of assets.

2. The goal of the Sale of Goods Act, 1930 is to characterize and correct the law identifying with

(a) Sale of Immovable Properties

(b) Sale of Goods

(c) Agreements to Sell

(d) All of the abovementioned.

3. The Sale of Goods Act, 1930 stretches out to the entire of India, with the exception of the condition of

(a) Maharashtra

(b) Jammu and Kashmir

(c) Tamilnadu

(d) Uttar Pradesh.

4. The Sale of Goods Act, 1930 came into power in

(a) first day of July, 1930

(b) first day of September, 1930.

(c) first day of January, 1930

(d) 31st day of December, 1930.

5. The unrepealed arrangements of the ' Act will keep on applying to contracts for the offer of products, save to the extent that they are conflicting with the express arrangements of the Sale of Goods Act.

(a) Transfer of Property Act

(b) Indian Evidence Act

(c) Indian Contract Act

(d) Partnership Act.

6. The expression "Products" is characterized in segment of the Sale of Goods Act, 1930.

(a) 2(5)

(b) 2(6)

(c) 2(7)

(d) 2(8).

7. Which of coming up next are excluded from the expression "Merchandise" under the Sale of Goods Act

(a) Stock and Shares

(b) Actionable Claims

(c) Growing Crops, Gross and so forth

(d) Personal Use of Property.

8. Move of Actionable claim(s) is represented by the arrangements of the Sale of Goods Act.

(a) True

(b) Partly True

(c) False

(d) None of the abovementioned.

9. "Celebration Coins" are products inside the importance of Section (27) of the Sale of Goods Act.

(a) True

(b) Partly True

(c) False

(d) None of the abovementioned.

10. Under the Sale of Goods Act, " .Goods" signifies products which are not in presence at the hour of making the agreement of Sale.

(a) Ascertained merchandise

(b) Future merchandise

(c) Specific merchandise

(d) Perishable merchandise