1.Salena Ltd. revealed a benefit of $ 77 millions after 30% duty for the

monetary year 2011-12. An examination of the records uncovered that the

pay included uncommon things of $ 8 millions and an exceptional

deficiency of $10 millions. The current activities, with the exception of the phenomenal things,

are relied upon to proceed later on. Also, the consequences of the

dispatch of another item are relied upon to be as per the following:

$ In millions

Deals

Material expenses

Work costs

Fixed expenses

You are needed to:

(I) Calculate the worth of the business, given that the capitalization rate is

14%.

(ii) Determine the market cost per value share, with Salena Ltd$s. share

capital being included 1,00,000 13% inclination portions of $ 100

each and 50,00,000 value portions of $ 10 each and the P/E proportion being 10

times.

2.Application for Registration of firms ought to be endorsed by :

a) All the accomplices or their representatives,

b) Majority of the accomplices or their representatives.

c) All functioning accomplices or their representatives.

d) All minor accomplices.

3.An unregistered firm can't record a suit against to authorize any privilege emerging from an agreement.

a) Partner,

b) c) Minor conceded to advantages of organization.

c) Third gathering,

d) Out going accomplice.

4.Non - enrollment of the firm doesn't influences the privilege of the firm to initiate a suit or guarantee

of set - off not surpassing :-

a) $ 100 c) $ 10,000

b) $ 1,000, d) $ 50,000

5. Which one of coming up next is right ?

a) Indian Contract Act, 1882

b) Indian Contract Act., 1972

c) Indian Contract Act, 1872

d) Indian Contract Act, 1888.

6. The Law of Contract is only :

a) A Child of Commercial managing, c) A Child of everyday Politics

b) A Child of Religion, d) A Child of Economics.

7. The Indian Contract Act, 1872 stretches out to :

a) Whole of India,

b) Whole of India barring Jammu and Kashmir,

c) North India Only.

d) South India Only.

8. To frame a legitimate agreement, there ought to be atleast :

a) Two gatherings c) Four gatherings

b) Three gatherings d) Five gatherings.

9. Legally binding rights and obligations are made by :-

a) State c) Parties,

b) Statute d) Custom or Usage.

10. Each Contract is an arrangement however every understanding isn't an agreement.' This assertion is :

a) Wrong

b) Correct

c) Correct Subject to specific exemptions

d) Partially right.