MGT611 Final Term Paper

CS101 Introduction of computing
MGT611 Business & Labor Law Solved Objective For Final

Term Exam Preparation
1. The consideration in a contract must be:
 Of adequate value to promise
 Enforced by courts of law
 Of high worth to promise
 Accepted by parties on free consent
2. Which of the following is not a party to a contract of guarantee?
 Surety
 Creditor
 Indemnifier
 Debtor
3. Under section 41of contract act, when a promisee accepts performance from a third
person, he afterwards:
 Can enforce it against promisor
 Can not enforce it against promisor
 Can not enforce it against third person
 Can enforce it against both promisor and third person
4. When a supplier is unable to deliver the goods on due date due to strike in his
factory, according to Section 56 of contract act, the agreement:
 Becomes void
 Is discharged
 Is not discharged
 Is voidable
5. Which of the following is NOT an element of bailment?
 Contract
 Specific purpose
 Delivery of goods
 Change of ownership
6. A study of the legal source of law is called __________.
 Analytical jurisprudence
 Historical jurisprudence
 Ethical jurisprudence
 Legal jurisprudence
7. Which of the following is not a contract of indemnity?
 Insurance of car
 Insurance of workers’ compensation
 Insurance of property
 Insurance of life
8. In Undue Influence, the consent is obtained by:
Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

 Threat
 Fraud
 Domination
 Physical force
9. “Consideration” is an action which:
 Is done in the Past
 Is in progress at Present
 Will supposed to be occur in Future
 May occur in all the above situations
10. In which section of Contract Act, the definition of proposal is provided?
 Section 1(e)
 Section 1(f)
 Section 2(a)
 Section 2(d)
11. The Section 2(g) of contract act defines that an agreement not enforceable by law is
said to be:
 Valid agreement
 Void agreement
 Voidable agreement
 Illegal agreement
12. A pledge can also be called a/an __________.
 Bailment
 Guarantee
 Indemnity
 Pawn
13. Which of the following is NOT a type of damages?
 Ordinary damages
 Liquidated damages
 Compound damages
 Nominal damages
14. Which of the following is NOT true about Law?
 Law is to maintain rights
 Law upholds justice
 Law is used to redress wrongs
 Law does not ensures public order
15. In case of Undue Influence, the burden of proof lies upon _______.
 Dominating party
 Influenced party
 Both parties
 The court
16. Coercion is committing, or threatening to commit, any act forbidden by ________.
 Pakistan Penal Code
 Criminal Procedure Code

 Contract act
 Civil Law
17. The evolution of law over a period of time is studied as _________.
 Legal history
18. According to section 10 of contract act, an agreement in order to become a valid
contract, must not be one of those that are expressly declared to be ________ by the
law.
 Void
 Voidable
 Illegal
 Unenforceable
19. Agreements without free consent are voidable under which section of Contract Act.
 Section 19
 Section 20
 Section 21
 Section 22
20. Which of the following is NOT an essential for a valid proposal?
 The terms of the offer must be definite and clear
 The offer must be capable of creating legal relationships
 The offer must be communicated to the other party
 The offer must be in written form
21. The definition of contract is provided by which section of Contract Act?
 Section 1(d)
 Section 1(h)
 Section 2(d)
 Section 2(h)
22. According to section 26 of contract act, every agreement „in restraint of the
marriage‟ of a minor is _________.
 Valid
 Void
 Not valid
 Voidable
23. Consideration must move from:
 Promisor
 Promisee
 A third party
 Promisee or any other person
24. The court may grant rescission when ___________.
 Contract is void
 Contract is voidable

 Contract is illegal
 Contract is unenforceable
25. Mr. A contracted to deliver 4900 kg of wheat to Mr. B. But Mr. A delivered 4925 kg.
It is __________.
 A Valid tender
 Not a valid tender
 An invalid performance
 Breach of contract
26. Which of the following damages includes indirect loss also that may arise due to
breach of contract?
 Ordinary damages
 Special damages
 Liquidated damages
 Nominal damages
27. What will happen if a future event, about which a contingent contract has been
made, becomes impossible?
 The contract remains valid
 The contract becomes voidable
 The contract becomes void
 One party can sue the other in court
28. When an executory contract is completely performed, it becomes:
 Valid contract
 Void contract
 Executed contract
 Legal contract
29. In which of the following conditions, the contract is voidable?
 If one party is minor
 In absence of free consent
 If it is not enforceable at all
 If it cannot become void under any condition
30. In which of the following cases promisee CAN NOT terminate the contract?
 When there is attempted performance
 When offer of performance is unconditional
 When offer is made at proper place
 When offer is to perform one of several Joint Promises
31. Enforceability of a contingent contract is described in which section of contract act?
 Section 31
 Section 32
 Section 33
 Section 34
32. Each party to a contract is both promisor and promise in case of ___________.
 Present consideration
 Reciprocal promises

 Valid contract
 Part consideration
33. Mr. A contracts to pay Mr. C Rs. 10000 if Mr. C‟s house is burnt. Which type of
contract is it?
 Absolute contract
 Bilateral contract
 Quasi contract
 Contingent contract
34. When a contract is fulfilled successfully, it leads to the ______________ of the
contract.
 Remission
 Alteration
 Discharge
 Performance
35. In case of breach of contract, measure of damages is the difference between:
 Contract price and price fixed by court
 Contract price and market price on the date of breach
 Contract price and expected selling price
 Contract price and the highest market price during the continuance of court
36. An offer to perform promise from one of several Joint Promises is:
 A valid offer
 An invalid offer
 Breach of contract
 A conditional offer
37. Which of the following was subsequently repealed from the contract act?
 Sections 76 to 123
38. Which of the following condition is considered to be a compulsion for a contract?
 Only an offer
 Only an acceptance
 Offer and acceptance
 Offer, acceptance and documentation
39. All of the following are powers of the Securities and Exchange Commission to
control Non Banking Finance Companies (NBFC), EXCEPT:
 To incorporate the NBFC
 To follow board of directors
 To require to furnish information
 To order special audit
40. If you request your friend to buy a book for you, which contract is it?
 Contract of guarantee
 Contract of agency

 Contract of bailment
 There is no contract
41. Bilal, as per directions of Ahmed sold goods over which Ahmed had no rights to sell,
but Bilal was not aware of this. Afterwards, Rashid, the true owner of the goods,
sued Bilal and recovered the amount from him. Which of the following is true?
 Ahmed is liable to Bilal
 Bilal is liable to Rashid
 Rashid is liable to Ahmed
 Ahmed is not liable to anyone
42. Which of the following is NOT a phase in formation of a company?
 Inauguration phase
 Promotion phase
 Registration phase
 Commencement of business
43. In the absence of any express provisions in Law of Negotiable Instruments, which
law is applicable?
 Contract act
 Contract of sales
 Contract of agency
 Contract of guarantee
44. In which of the following cases promisee CAN NOT terminate the contract?
 When there is attempted performance
 When offer of performance is unconditional
 When offer is made at proper place
 When offer is to perform one of several Joint Promises
45. All of the following must be included in a contract of sale, EXCEPT:
 Time of delivery of goods
 Place of delivery of goods
 Acceptance of delivery
 Advance payment of price
46. When a supplier is unable to deliver the goods on due date due to strike in his
factory, according to Section 56 of contract act, the agreement
 Becomes void
 Is discharged
 Is not discharged
 Is voidable
47. If two parties choose to enter into contracts with knowledge of the commercial usage
governing them, who will decide the terms of contract?
 Court
 Contract act
 The two parties
 The two parties along with court

48. If two parties choose to enter into contracts with knowledge of the commercial usage
governing them, who will decide the terms of contract?
 Court
 Contract act
 The two parties
 The two parties along with court
49. Fraudulent misrepresentation as to contents of documents makes the contract
________.
 Void
 Voidable
 Illegal
 Enforceable
50. According to section 30 of contract act, wagering agreements are:
 Void
 Valid
 Unenforceable
 Voidable
51. According to section 30 of contract act, wagering agreements are:
 Void
 Valid
 Unenforceable
 Voidable
52. Competent parties to a valid contract are defined in which section of contract act?
 Section 10
 Section 11
 Section 12
 Section 13
53. All of the following are true about Articles of Association, except:
 It is subordinate to memorandum of association
 It is a doctrine of indoor management.
 An alteration in it can be made through a special resolution by the company
 It rises the contracts between the company and the out side world
54. The definition of contract is provided by which section of Contract Act?
 Section 1(d)
 Section 1(h)
 Section 2(d)
 Section 2(h)
55. Mere attempt to deceit the other party is __________.
 Fraud
 Misrepresentation
 Not fraud if other party is not deceived
 Coercion
56. A person who promises to compensate the loss in a contract of indemnity is called:

 Indemnifier
 Indemnified
 Indemnity holder
 Indemnity owner
57. All agreements are contracts if they fulfill the requirements as contained in
___________ of the Contract Act, 1872.
 Section 9
 Section 10
 Section 11
 Section 12

MGT611 Business & Labor Law Solved Final Term
Papers For Final Term Exam Preparation
Question No: 1 ( Marks: 1 ) - Please choose one

Which one of the following is the process of focusing on the stimuli that are important, large and
intense?
► Retrieve information
► Positive reinforcement
► Overt perception
► Perceptual selection

All are the characteristics of the group EXCEPT:
► Share common goals

► One sided interaction
► Belonging to the group
► Define themselves as members

People of a religious sect, neighborhood, same caste and same profession are members of:
► In group
► Out group
► Emergent group
► Secondary group

A good contributor to positive attitudes is:
► Pessimism
► Optimism
► Being a millionaire
► Low job satisfaction

According to the need theory of motivation, unsatisfied needs motivate us until they:
► Become satisfied
► Become frustrated
► Lead to working hard
► Lead to self-esteem

A major purpose of feedback is to tell a person:
► How well he or she communicates the true self

► How well he or she has performed
► The difference between right and wrong
► When it is time to enhance self-esteem

A person who develops a strong work ethic will automatically:
► Be strongly motivated
► Be qualified for a supervisory position
► Behave in a highly ethical manner
► Develop a learning-goal orientation

People most likely to be creative when they are motivated primarily by the:
► Potential financial reward for being creative

► Satisfaction and challenge of the work itself

► Fear of job loss for not being creative
► Opportunity to obtain creative idea

Intrinsic motivation contributes to creativity because it:
► Satisfies the need for recognition and other awards

► Helps the problem-solver conform to the right way of thinking
► Provides the facts needed for creativity
► Enables the problem-solver to streamline the task

All of the following are examples of self defeating behaviors EXCEPT:
► Fear of intimacy
► Fear of rejection
► Losing temper
► Proactive

A person can get benefit from criticism to overcome self defeating attitude by:
► See yourself at a distance

► Ask for clarification and specifics
► Decide on a response
► All of the given options

Unwanted behaviors between males and females at workplaces defined as:
► Gender-based harassment
► Gender discrimination
► Gender bias
► Harassment

Conflict at work place and family can reduce through all of the following EXCEPT:
► Flexible work schedules

► Dependent-care programs
► Compassionate attitudes toward individual needs
► Conservative attitude

When working to achieve a win-win solution to a conflict, it is most effective to use:

► Competition
► Confrontation and problem solving
► Compromise
► Forcing

The most recommended way of resolving conflict is and problem-solving.
► Confrontation
► Competition
► Forcing
► Compromise

All of the following are barriers to effective communication EXCEPT:
► Feedback
► One-way communication
► Different interpretation of words
► Mixed signal from sender

All of the following are suggestions for improving your listening skills EXCEPT:
► sympathize with the speaker
► empathize with the speaker
► Maintain eye contact with the speaker
► Paraphrase the speaker

The flow of information with people on the same level in an organizational hierarchy called:
► Vertical communication
► Horizontal communication
► Grapevine communication
► Network communication

Ahmad communicates clearly and convincingly disarms conflicts to builds strong personal bonds.
Ahmad is very good in:
► Musical intelligence
► Choosing easy projects to avoid conflict
► Delegating
► Relationship management

A manager who shows consistency between his or her words and actions develops a reputation for:
► Self-confidence
► Walk the talk
► Emotional intelligence
► High energy

A typical act of a servant leader should be to:
► Work for a salary no higher than that of group members
► Expect group members to act like his or her personal servant
► Ask group members what they want to achieve
► Volunteer to do custodial work for the department

The number of hours of vacation the members of a cultural group think is reflected in:
► Work orientation versus leisure orientation
► High context versus low-context culture
► Formality versus informality
► Urgent time orientation versus casual time orientation

Religious diversity is most likely to affect workplace behavior because religious practices sometimes
influence:
► Which hours and days people are willing to work
► Which gender a person is willing to work with
► Whether or not a person will accept a salary increase
► Whether employees demand a place of worship on company premises

Assume that you want to start a good working relationship with a person from a high-context
culture, which of the following would be an effective strategy?
► Use nonverbal communication channels and body language extensively to communicate

► Provide written communication so that your proposal is formally presented
► Don't be concerned about building a relationship
► Be very conscious of time, rush to get started

A person with a strong work ethics:
► Has a firm belief in the dignity and value of work
► Will generally be willing to work for low wages
► Is more ethical on the job than at home
► Prefers being ethical to working hard

A performance standard is a statement of what:
► You hope to accomplish on the job
► Constitutes acceptable performance
► You must do to get a raise
► The worker must do to retain a job

A surgical nurse brings her complaint directly to the top administrator of the hospital. She is,
therefore, violating the tactic called:
► Learn from your boss’s mistakes

► Stay in touch

► Recognize that your boss has problems too
► Avoid bypassing your manager

Which of the following is suggested way of being a team player?
► Maintain honest and open relationships

► Follow the golden rule
► Make other people feel important
► The entire above are suggested ways

An employee who wants to be a good team player should:
► Avoid giving information and opinions to others
► Avoid asking for favors from other team members
► Keep jokes to himself or herself
► Provide emotional support to group members

All of the following are behaviors and skills of effective leaders EXCEPT:
► Practicing strong ethics

► Setting medium expectations for employees
► Developing partnerships with people
► Asking the right questions

The experience of feeling competent to cope with the basic challenges in life and being worthy of
happiness is known as:
► Self-esteem
► Arrogance
► Wishful thinking
► Self efficacy

Self-respect is another component of self-esteem. This refers to how you think and feel about
yourself. A person with high self-esteem would also have high self-respect and could be expected to
exhibit which of the following behaviors?
► Become highly self absorbed with personal matters
► Focus on the needs of others
► Stay in relationships where they are mentally or physically abused
► Beg others for things that could be obtained from their own efforts

We know that the communication cycle completes only when the step has been taken.
► Action
► Decoding
► Ideation
► Encoding

While setting a goal, a person with high self-efficacy is likely to:

► Avoid goal setting
► Set very low goals
► Think that more goals are realistic
► Think that fewer goals are realistic

Robina has the ability to find relevant information, to find connections between the old and the new
to see the “big picture.” Robina has:
► Problems
► A strong personality
► Insight
► A lack of concern for details

A person is communicating about himself or herself in public, he/she is showing:
► Self-concept
► Perceived self
► Private self
► Projected self

Which type of personality is commonly associated with stress?
► Type A
► Type B
► Inner directed
► Traditional

Ali was working in a technical department; his manager transferred him to purchase department on
better package for enhancing profitability of the organization due to his hard work. It shows what
kind of situation?
► Lose-lose
► Win-win
► Lose-win
► Win-lose

Ali, supervisor of assembly line, receives an order from the production manager. This is an example
of:
► Informal communication
► Downward communication
► Lateral communication
► Circular communication

Bouncing back from setbacks and embarrassment is often referred as:
► Resilience
► Jumping
► Helping
► Driving

Question No: 41 ( Marks: 5 )
Discuss in detail any two barriers to communication.
The two types of Barriers to communication are as following.
1.Different Interpretation of Words:
Some times the receiver make interpretation in speaking so if the receiver makes another interpretation of a
key word than intended, the message may not get by the receiver.
2.Creditability of the Sender and Mixed Signals:
The more the sender of the message the greater the probability that the message will get through clearly. A
disconnect can also occur from mixed signals. Sending different messages about the same topic to different
audience. A mixed signal also refers to sending one message to a person about desired behavior, yet
behaving in another way yourself.
Question No: 42 ( Marks: 5 )

How your self perception emerges out of your relations with others like your family and friends?
Discuss with two examples. (2.5+2.5)
Perception is the way of explaining things. We should realize the importance of acceptance of varied
perceptions in improving cross cultural relations. It does not mean that we try to change the perceptions of
others rather we should develop the skill of accepting their perceptions.
Self perception
One of those tools is self perception. It is probably the most important psychological factor. Self perception
is the picture you hold about your self. Feel that you are good, strong and best but this self perception
should be realistic as this is very important that how this picture does comes to your head? How it emerges
out of your relations with other people, your family members, your friends etc. When you perform well
they appreciate you and gives you feed back that you perform excellently. It gives you a picture of yourself
which you attain by interacting with others.
Self perception is very important because it is an important tool in your hand to act according to the
expectations of the others. Self perception in a way gives your confidence e.g. a boy was working in
technical department the management found out he is an excellent and honest worker in the technical
department they send him to the purchase department for the financial benefits of the organization. His
honest brought him from one department to another department so it shows that there is a good match
between quality of a person and need of the situation. On account of that there was a win-win situation “the
person earned more money and the organization benefited more from him and his honesty”. The picture of
yours as an honest person and being acknowledged as an honest person is the self perception of that
individual. Organizations value those individuals. Self perception is an important tool of an individual to do
few things.
1) Aisha is in search of a good job, for this purpose she is calling to the prospective
employer unsolicited phone calls which is recognized as .
A. Telesearch
B. E-mail campaign
C. Database service
D. None of the given options
2) When delivering bad news to a customer, which of the following should you do?
A. Apologize to the customer at least three times

B. Speak in a serious and straightforward manner as rapidly as possible
C. Focus on talking about solving the problem
D. Establish immediately where the fault for the problem lies
3) Which of the following is one of the tips on establishing a bond with your
customer?
A. Provide service that is at least average or above
B. Give them the pickle
C. Show care and concern
D. Avoid ever allowing another customer to see how you treat the special customer
you have bonded with
4) Applying for a job is usually .
A. Stressful
B. Fun
C. A straightforward, step-by-step standardized procedure
D. Easy
5) Which of the following is not a good tip for preparing for an interview?
A. Do your homework
B. Practice

C. Arrive on time
D. None of the above
6) Which one among the following is not a barrier to cross cultural relations?
A. Ethnocentrism
B. Intergroup Rather than Interpersonal Relationships
C. Stereotypes in Intergroup Relations
D. Applying Knowledge of Cultural Differences
7) Which of the following is not a characteristic of a good resume?
A. Easy-to-read
B. Well-organized
C. Hand-written
D. Accurate
8) To succeed in your career, you should not .
A. Continue to learn new things
B. Accept challenges
C. Become a workaholic
D. Change jobs when necessary
9) Ahmad use essential strategy for cultivating his peers, to function as a
.
A. Team player
B. Moderator
C. Managers
D. Interpreter
10) The most important reason employees resist change is .
A. Change brings stress and discomfort
B. The change is often not presented as a choice
C. The change will require them modify or completely abandon their daily routines
1. Select one which is not concern of managers in an organization.
Physical resources
Financial resources
Human resources
Social resources
2. Which one of the following in not an aspect of persons self:
Private self
Projected self
Perceived self
Achieved self
3. The person is not interested in the affairs of an organization and is just doing his job, this
situation show the state of .
Apathy
Empathy
Stress
None of the given options
4. is an example of social group the individuals have same characteristics in it.
Peer group
Family
School
Office
5. A personality is characterized as slow moving, less hardworking, less time conscious, patient
and care free with work is known as personality.
Type A
Type B
A and B

6. is something good that out of the pressure or stress the person is able to
perform better.
Positive stress
U stress
Negative stress
A and B of the given options
7. The disconnects between personality and the expectations of organization results in
.
Stress
Dissonance
Emotional disturbance
Cognition
8. You develop through your experiences, circumstances and action.
Perception
Image
Confidence
Respect
9. A group/team is “two or more people interacting to achieve an objective”. This definition has
three major components point out those:
Objective, Interaction, Projective
Subjective, objective, interaction
Projective, Interaction, subjective
10. Which one of the following is not the social role in a group?
Group observer
Encourager
Follower
Blocker
1. approach focuses on the way people think about an
entity or object related change.
A. Cognitive
B. Social
C. Behavioral
D. All of the given options
2. presented the need theory of motivation.
A. Weber
B. Maslow
C. Karl Marx
D. Durkhiem
3. creativity involves improving an existing system.
A. Unusual
B. Innovative
C. Adaptive
D. Unique
4. Group members enter their suggestions into a computer at once; to build
each other‟s ideas through .
A. Brain writing
B. Brainstorming
C. Creativity
D. Electronic brainstorming
5. A tendency to act in a way that one‟s behavior works against his/her own
interests called attitude.
A. Self-defeating
B. Abnormal

C. Emotional
D. Self-praising
6. Those people, who have uncontrollable and recurring thoughts or behavior
relating to an unreasonable fear, feel disorder.
A. Attention deficit
B. Obsessive- compulsive
C. Seasonal Affective
D. Neuro-biology
7. The more reliable and consistent nonverbal signals are:
A. Hand Gestures
B. Posture
C. Facial Expression and Eye Contact
8. is the act of understanding message.
A. Encoding
B. Communication media
C. Channel
D. Decoding
9. Nonverbal communications are .
A. Neither spoken nor written
B. Only written
C. Only spoken
D. Telecommuting
10. In the organizational hierarchy, the flow of information with people on the
similar levels called communication.
A. Vertical
B. Horizontal
C. Grapevine
D. Network
1) plays the role of change agents responsible for effectively bringing
about changes or transformations in the existing system and its members.
A. Leaders
B. Managers
C. Supervisors
D. Mentors
2) Nelson Mandela is an example of theory of leadership.
A. Big man
B. Contingency
C. Trait
3) Globalization and cross-cultural diversity opens up opportunities
for .
A. Development
B. Managers
C. Workers
D. Business
4) Which one among the following is not a barrier to cross cultural relations?
A. Ethnocentrism
B. Intergroup Rather than Interpersonal Relationships
C. Stereotypes in Intergroup Relations
D. Applying Knowledge of Cultural Differences
5) Civil (Citizenship) behavior in the workplace has become a noticeable
characteristic because .
A. The only workers known for consistently behaving civilly are sales people
B. Behaving in crude, rude, and obnoxious ways has become a national problem
C. It demonstrates how intelligent you are

D. All of the above
The difference between intended and meanings is called misunderstanding.
Select correct option:
Pure
Dictionary
Superficial
Perceived
According to which technique, you mentally convert negative aspects into positive ones by looking for
positive elements in a situation?
Cognitive restructuring
Optimistic approach
Grievance Procedure
Negotia
A key characteristic of self-disciplined people is that they:

Impose punishment and suffering on themselves
Resist against goals set by management
Find very little joy in working
Work toward attaining goals without being distracted
Which one of the following is a disposition to approach an idea, event, person, or an object?
Attitude
Behavior
Perception
Ethics
Ferhat is able to chanalized the pressure to perform the task, that pressure is called:
Positive stress
Negative stress
Distress
Chronic Stress
A person is communicating about himself or herself is in public, he is showing:

Self-concept Self-
knowledge Private
self Projected self
Hamna is fast moving, hardworking, impatient and preoccupied with work, she has:
Type A personality
Traditional personality
Type B personality
Other directed personality
"Sweet Pisces": Waleed knows his leadership qualities and the strengths and weaknesses. He is more
likely to accomplish his assigned task that shows his self:

Love
Esteem
Awareness
Perception
For effective decision making, emotional intelligence:

Concentrate on increasing your creative output

Takes the feelings out of decision making
Allows you to eject your anger freely
Helps you regulate your emotions to make a good decision
Which one of the following influences the behavior of individuals?

Personality
Emotions
Attitude
Consciousness
Which one of the following is NOT the characteristic of a secondary group?

Lifelong relationships
Large in size
Particular interest
Impersonal relations
The first step in problem solving is:

Noticing the problem
Defining the problem
Know a level of importance to the problem
Assigning someone to handle the problem
Mostly personal problems emerge through self-defeating:

Attitudes and behaviors

Approach
Actions
Activities
"Sweet Pisces": Ali has the ability of good human relations skills EXCEPT:
See things from the other person's viewpoint

Be resentful of others
Instigate to build and maintains relationships
Understand the expectations of others
Ali has the ability of good human relations skills EXCEPT:


The cognitive process, in which an individual selects, organizes and gives meaning to environmental
stimuli called:
Intelligence
Perception
Reasoning
Emotion
Which of the following is the act of understanding message?

Encoding
Decoding
Communication media
Channel


Waleed knows his leadership qualities and the strengths and weaknesses. He is more likely to
accomplish his assigned task that shows his self:
Love
Esteem
Awareness
Perception
Question # 4 of 15 ( Start time: 08:41:47 PM ) Total Marks: 1

between the personality and expectations of the organization, results into some sort of
stress.
Divergence
Dissonance
Connect
Conflict
Which one of the following helps to build up attitude?

Reward
Punishment
Reward and punishment
Compensation
Which kind of values influences decision making at every step?

Personal

Social
Personal and social
Collective and personal
Feelings of helpless and negative thinking are examples of attitude.

Self-defeating
Distress
Abnormal
Excessive guilt
The most frequently satisfied need is:

Safety and security .

Esteem
Belongingness and love
Self-actualization
All of the following are suggested ways of eliminating or reducing barriers to effective
communication EXCEPT:
Use emotion and colorful words

Appeal to human needs and time your message
Discuss differences in paradigms
Use mirroring to establish rapport
Which of the following is a feeling of distress or restlessness caused by fear of an imagined problem?
Anxiety
Hopelessness
Narcolepsy
Gloominess
Asma is taking stress to get good grade in exams that shows her:
Hyper stress
Positive stress
Negative stress
Distress

Eliminate noise
Distortion of information
Communication overloads
Improper timing
Negotiation may takes place:


Between two people
Between groups
Within a group
All of the given options
Which one of the following is a sum total of habits, traits and characteristics of an individual?
Crowd Sub-
group
Personality
Attitude
Set of people with different set of behaviors and beliefs differentiates them from a larger culture of
which they are a part called:
Sub-culture
Society
Group
Culture

Self-concept Self-
knowledge Private
self Projected self

The major factor behind self-defeating attitude and behavior is:

Negative thinking
Disorganization
Poor Planning
Losing temper
Person and professional problems can solve through which of the following positive attitude?
Speak and act with enthusiasm
Expect success rather than fear failure
You learn from error and defeat
During electronic brainstorming, suggestions from group members are:

Accumulate in a file for review at a later time
Entered into the computer and seen by other group members
Edited automatically for spelling and grammar
Approach through the cellular phone

Which of the following is a form of depression that develops during the hot and humid?
Obsessive-Compulsive Disorder
Seasonal Affective Disorder
Neurobiological Disorders
Attention Deficit Disorder
Which one of the following keeps searching for more information before making a decision?
Perfectionist
Rigid person
Intelligent
Flexible person
A vertical thinker looks for one best solution to a problem. In contrast, a(n) seeks to find
many possible solutions to a problem.
Lateral thinker
Intellectual
Emotionally intelligent person
Scholar
Highlighted answers are correct as i have given references before also in my solved papers so i a have not
repeated ref again, and which are not marked am not sure about them If some one can solve please try to
help us .....
thanks
--
The difference between intended and meanings is called misunderstanding.

Pure
Dictionary
Superficial
Perceived
According to which technique, you mentally convert negative aspects into positive ones by looking for
positive elements in a situation?
Cognitive restructuring
Optimistic approach
Grievance Procedure
Negotia
A key characteristic of self-disciplined people is that they:

Impose punishment and suffering on themselves
Resist against goals set by management
Find very little joy in working
Work toward attaining goals without being distracted
Which one of the following is a disposition to approach an idea, event, person, or an object?
Attitude
Behavior
Perception

Ethics
Ferhat is able to chanalized the pressure to perform the task, that pressure is called:
Positive stress
Negative stress
Distress
Chronic Stress

Self-concept Self-
knowledge Private
self Projected self
- Show quoted text -
Hamna is fast moving, hardworking, impatient and preoccupied with work, she has:
Type A personality
Traditional personality
Type B personality
Other directed personality
"Sweet Pisces": Waleed knows his leadership qualities and the strengths and weaknesses. He is more
likely to accomplish his assigned task that shows his self:
Love
Esteem
Awareness
Perception


Which one of the following influences the behavior of individuals?

Personality
Emotions
Attitude
Consciousness
Which one of the following is NOT the characteristic of a secondary group?

Lifelong relationships
Large in size
Particular interest

Impersonal relations
The first step in problem solving is:

Noticing the problem
Defining the problem
Know a level of importance to the problem
Assigning someone to handle the problem
Mostly personal problems emerge through self-defeating:

Attitudes and behaviors

Approach ??
Actions
Activities
"Sweet Pisces": Ali has the ability of good human relations skills EXCEPT:


The cognitive process, in which an individual selects, organizes and gives meaning to environmental
stimuli called:
Intelligence
Perception
Reasoning
Emotion
Which of the following is the act of understanding message?

Encoding
Decoding
Communication media
Channel

See things from the other person's viewpoint ??

Waleed knows his leadership qualities and the strengths and weaknesses. He is more likely to
accomplish his assigned task that shows his self:
Love
Esteem

Awareness ??
Perception
Question # 4 of 15 ( Start time: 08:41:47 PM ) Total Marks: 1

between the personality and expectations of the organization, results into some sort of
stress.
Divergence
Dissonance
Connect
Conflict
Which one of the following helps to build up attitude?

Reward
Punishment
Reward and punishment PG - 16
Compensation
Which kind of values influences decision making at every step?

Personal
Social
Personal and social
Collective and personal
Feelings of helpless and negative thinking are examples of attitude.

Self-defeating
Distress
Abnormal
Excessive guilt
The most frequently satisfied need is:

Safety and security . i think this bcos according to Maslow needs are satisfied according to their
hierarchical level.
Esteem
Belongingness and love
Self-actualization
All of the following are suggested ways of eliminating or reducing barriers to effective
communication EXCEPT:
Use emotion and colorful words

Appeal to human needs and time your message
Discuss differences in paradigms
Use mirroring to establish rapport

Which of the following is a feeling of distress or restlessness caused by fear of an imagined problem?
Anxiety
Hopelessness
Narcolepsy
Gloominess
Asma is taking stress to get good grade in exams that shows her:
Hyper stress
Positive stress
Negative stress
Distress

Eliminate noise
Distortion of information
Communication overloads
Improper timing
Negotiation may takes place:

Between two people

Between groups
Within a group
Which one of the following is a sum total of habits, traits and characteristics of an individual?
Crowd Sub-
group
Personality
Attitude
Set of people with different set of behaviors and beliefs differentiates them from a larger culture of
which they are a part called:
Sub-culture
Society
Group
Culture


Self-concept Self-
knowledge Private
self Projected self

The major factor behind self-defeating attitude and behavior is:
Negative thinking
Disorganization
Poor Planning
Losing temper
Person and professional problems can solve through which of the following positive attitude?
Speak and act with enthusiasm
Expect success rather than fear failure
You learn from error and defeat
During electronic brainstorming, suggestions from group members are:

Accumulate in a file for review at a later time
Entered into the computer and seen by other group members
Edited automatically for spelling and grammar
Approach through the cellular phone
Which of the following is a form of depression that develops during the hot and humid?
Obsessive-Compulsive Disorder
Seasonal Affective Disorder
Neurobiological Disorders
Attention Deficit Disorder
Which one of the following keeps searching for more information before making a decision?
Perfectionist
Rigid person
Intelligent
Flexible person
A vertical thinker looks for one best solution to a problem. In contrast, a(n) seeks to find
many possible solutions to a problem.
Lateral thinker this i find new so its ref is on PG.25
Intellectual
Emotionally intelligent person
Scholar

Which of the following statement is misperception about conflict?
► Conflict levels are segregated into multiple situations

► Delaying the conflicts may leads to destructive behavior
► Conflicts are only created to gain benefits
► Conflict not always leads to an anger

Which of the following does not restrict innovations?
► Proficiency lack
► Efficient outcomes
► Limited resources
► Ongoing systems

Application of ADR is promoted in which of the following type of culture?
► Collectivist
► Communist
► Monopolistic
► Individualistic

Customer remained dissatisfied with the shopkeeper‟s demonstration about the product, it leads to
which of the following?
► Dispute
► Collision
► Distortion
► Confusion

Which of the following is NOT an important tip for a driver to survive in a Fender-Bender?
► Exchange information
► Keep calm
► Call the police
► Start a row

All of the following are dimensions of issue perspective of conflict EXCEPT:
► Joint Vs Individual
► Process Vs Outcome
► Tangible Vs Intangible
► Narrow Vs Broad focus

A conflict which is purely internal and does not involve any other person, is:
► Interpersonal conflict
► Intrapersonal conflict
► Interpretive conflict
► Not a conflict

Which of the following is an internal urge to give good performance and which forces for creativity
& innovation?
► Reinforcement
► Determination
► Confidence
► Motivation

While identifying interpersonal conflicts, it is necessary to indicate:
► The interests of all involved parties
► The disputants of a particular conflict
► The divergent goals of all disputants

Many conflicting situations may have more than one:
► Activity conflict
► Interpersonal conflict
► Intrapersonal conflict
► Agency conflict

Why it is important to focus on resources in order to diagnose a conflict?
► Helpful in finding other sources of conflict
► Identify underlying reasons of conflict
► Identify best available option

The conflict which arises over personal beliefs and deeply held morals & ethics is termed as:
► Differences in orientation
► Conflict over facts
► Conflicts over deeply held values
► Threats to self-concept and world view

Which of the following truly explains the situation in which the disputants are not focusing the real
facts and figures of conflict?
► Dislodged conflict
► Misplaced conflict
► misaligned conflict
► Misattributed conflict

Conflict can be taken as a challenge and could be transformed into a/an:
► Threat
► System
► Opportunity
► Weakness

You are a negotiator of party „A‟ and negotiator of party „B‟ is exchanging the ideas about his
party's principles, values and preferences. You are analyzing the:
► Constituents & stake holder’s interests

► Other disputant’s interests
► Disputant‟s interests
► Own interests

All of the following are advantages of understanding the other disputant's interests, EXCEPT:

► Disputant is restricted with his own ideas
► Craft proposals that are acceptable to others
► Avoidance of positional bargaining
► Limit later sabotage that may arouse

According to Abraham Maslow, the most basic needs are:
► Safety needs
► Security needs
► Physiological needs
► Psychological needs

The stances of disputants in an interpersonal conflict are known as:
► Position
► Interests
► Bargaining
► Negotiation

According to the Deutsch's theory which of the following is that cooperation begets?
► Exacerbation
► Competition
► Cooperation
► Escalation

Who said, “If thou are a master, be some time blind; if a servant, sometimes deaf”?
► Robert Gaits
► Robert Frost
► Thomas Fuller
► Thomas Millar

Which of the following negotiation style causes loss of both opportunities and benefits?
► Accommodating style
► Compromising style
► Dominating style
► Avoiding style

Which of the following is relevant to the misperception about conflict management?
► Increases the possibility to impair a positive resolution
► Reduces the alternative ways to handle conflict
► It always leads to become more vicious

Which of the following is a clear picture of Individualistic culture?
► It provides more opportunities to promote an individual
► Its preferences and structures tend to be invisible to inhabitants
► It provides more opportunities to handle a conflict in a better way

A social conflict as compared to the corporate conflicts can be considered as:
► Low risky
► More risky
► Risk free
► None of the given options

Conflict is largely considered as:
► Global phenomenon
► Perceived phenomenon
► Destructive phenomenon
► Constructive phenomenon

Theory of Social Ecology includes which of the following important institutions for operation of all
human beings?
► Mass media
► Court systems
► School Organizations
► All of the given institutions

Which of the following outcomes of a conflict are being observed in the specific context of Pakistan?
► Opportunity for change

► Win-win situation
► Competition
► Positive

Which of the following is the purpose of adoption of ADR by “Efficiency Wing”?
► Divert cases to litigation

► Save time & money
► Elapse conflict for long time
► Create win-win situation

After receiving social stimuli, people assign meaning to what they have experienced, which is known
as:
► Interpretation
► Perception
► Reception
► Stimulus
Which of the following type of justice refers to the fairness of the process?
► Distributive
► Competitive
► Procedural

► Substantive
MGT611 Quiz
1. The definition of agreement is provided by which section of Contract Act?

 Section 1(a)
 Section 1(d)
 Section 2(e)
 Section 2(h)
2. Which section of contract act defines that when the person to whom the proposal is made signifies
his assent thereto, the proposal is said to be accepted?
 Section 2(b)
 Section 2(c)
 Section 2(d)
 Section 2(e)
3. Which of the following statements about a minor, who by misrepresenting his age borrows money,
is true?
 He can be sued for fraud
 He can be sued for misrepresenting
 Liable to return money
 Not liable to return money
4. Which of the following is NOT true about Law?
 Law is to maintain rights
 Law upholds justice
 Law is used to redress wrongs
 Law does not ensures public order
5. Consideration must be moved at the desire of:
 Promisor
 Promisee
 A third party
 Both promisor and promise
6. Unlawful detention of any property belonging to another with a view to obtain his consent amounts
to:
 Coercion
 Fraud
 Misrepresentation
 Undue influence
7. Which section of Contract Act provides the test of soundness of mind to make a contract?
 Section 12
 Section 13
 Section 14
 Section 15
8. Which of the following is NOT an essential for a valid proposal?
 The terms of the offer must be definite and clear
 The offer must be capable of creating legal relationships
 The offer must be communicated to the other party
 The offer must be in written form
9. Which of the following condition is considered to be a compulsion for a contract?
 Only an offer
 Only an acceptance
 Offer and acceptance
 Offer, acceptance and documentation
10. All agreements are contracts if they fulfill the requirements as contained in of the
Contract Act, 1872.
 Section 9
 Section 10
 Section 11
 Section 12

11. A businessman availing a loan from the bank is actually entering into .
 An agreement
 A contract
 A relationship
 A promise
12. Which of the following is true about “ordinance”?
 The ordinance shall originate in the National Assembly
 The ordinance shall be presented to the senate
 The President can promulgate an ordinance
 A bill when passed by the parliament is called an ordinance
13. In Undue Influence, the consent is obtained by:
 Threat
 Fraud
 Domination
 Physical force
14. Which of the following is not a remedy for breach of contract?
 Suit for penalty
 Suit for specific performance
 Suit upon quantum meruit
 Suit for injunction
When both contracting parties have completely performed their obligations, the contract is called
.
 Valid contract
 Executed contract
 Executory contract
 Express contract
Competent parties to a valid contract are defined in which section of contract act?
 Section 10
 Section 11
 Section 12
 Section 13
Which of the following is NOT a classification of jurisprudence?
 Political jurisprudence
Which of the following is termed as science of civil law?
 Jurisprudence
 Court
 Business law
 Labour law
Which of the following was subsequently repealed from the contract act?
All agreements are contracts if they fulfill the requirements as contained in of the
Contract Act, 1872.
 Section 9
 Section 10
 Section 11
 Section 12
The Securities and Exchange Commission of Pakistan Act, 1997 extends to:
 Corporate sector
 Securities and Exchange Commission

 Whole of Pakistan
 Stock exchanges

Prepared by: Shahzad Sadiq
lushahz@gmail.com
…..Highlighted in Red are not sure or unsolved…..

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The definition of agreement is provided by which section of Contract Act?
Section 1(a)
Section 1(d)
Section 2(e)
Section 2(h)
Which section of contract act defines that when the person to whom the
proposal is made signifies his assent thereto, the proposal is said to be
accepted?
Section 2(b)
Section 2(c)
Section 2(d)
Section 2(e)
Which of the following is NOT true about Law?
Law is to maintain rights

Law upholds justice
Law is used to redress wrongs
Law does not ensures public order
Consideration must be moved at the desire of:
Promisor
Promisee
A third party
Both promisor and promise

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Unlawful detention of any property belonging to another with a view to obtain
his consent amounts to:
Coercion
Fraud
Misrepresentation
Undue influence
A businessman availing a loan from the bank is actually entering into

__________.
An agreement
A contract
A relationship
A promise
Which of the following is true about “ordinance”?
The ordinance shall originate in the National Assembly

The ordinance shall be presented to the senate
The President can promulgate an ordinance
A bill when passed by the parliament is called an ordinance
In Undue Influence, the consent is obtained by:
Threat
Fraud
Domination
Physical force
Which of the following is not a remedy for breach of contract?
Suit for penalty

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Suit for specific performance
Suit upon quantum meruit
Suit for injunction
When both contracting parties have completely performed their obligations,

the contract is called _________.
Valid contract
Executed contract
Executory contract
Express contract
Which of the following is NOT a classification of jurisprudence?
Analytical jurisprudence
Political jurisprudence
Historical jurisprudence
Ethical jurisprudence
Which of the following is termed as science of civil law?
Jurisprudence
Court
Business law
Labour law
Which of the following was subsequently repealed from the contract act?
Sections 76 to 123
Sections 124 to 147
Sections 148 to 181
Sections 182 to 238

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The Securities and Exchange Commission of Pakistan Act, 1997 extends to:
Corporate sector
Securities and Exchange Commission
Whole of Pakistan
Stock exchanges
A contract of guarantee comprises of how many agreements?
One
Two
Three
If a person holds out himself to be a partner of a firm, which of the following

NOT stands true?
Person becomes personally liable

Person does not become personally liable (Not Sure)
Person is an agent by estoppel
Person permits others to be represented as a partner
A contract between creditor and principal debtor, in a contract of guarantee, is

called _______.
Primary contract
Secondary contract
Tertiary contract
Contract of indemnity
Which of the following studies the basic principles of civil law?

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Both historical and ethical jurisprudence
Sale of goods on cash is an example of _____________.
Mutual and independent promises

Mutual and concurrent promises
Conditional and independent promises
A minor’s agreement is always:
Void
Void ab initio
Voidable
Valid
In which of the following conditions, specific performance shall NOT be

granted?
Where court can not supervise the performance

Where compensation in money is not adequate relief
Where it is difficult to calculate actual damage
Where compensation can not be obtained
Performance of reciprocal promises has been discussed in which part of the

Contract Act, 1872?
Section 20 – 25
Section 31 – 37
Section 46 – 50

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Section 51 – 54
The money consideration for a sale of goods is known as:
Sale
Price
Value
Mortgage
Which of the following is the date at which a promissory note or bill of

exchange falls due.
Grace period
Effective date
Maturity date
Payment date
A promise made without intention of performing it will result in:
Coercion
Innocent misrepresentation
Wrongful misrepresentation
Fraud
A contract which ceases to be enforceable by law becomes _______ contract.
Void
Unenforceable
Illegal
Executory

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When the performance of promise by one party depends on the prior
performance of the promise by the other party, the promises are:
Mutual and independent

Mutual and dependent
Mutual and concurrent
Dependent and concurrent
When a lender tells the borrower afterwards not to return money, the contract
is
________.
Discharged (Not Sure)

Breached
Performed
Altered
Definition of contract of indemnity as given in Contract Act includes:
Implied promise to indemnify

Express promise to indemnify
Cases where loss arises by events depending on conduct of promisee
Cases where loss arises from conduct of promisor
The Primary Contract in a contract of guarantee is:
A contract between creditor and surety

A contract between creditor and principal debtor
A contract between surety and principal debtor
A contract between creditor, surety and principal debtor
Section 126 of Contract Act provides that a contract of guarantee ___________.

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May be oral
May be written
May either be oral or written
Must be written
Mr. X takes a loan of Rs. 5000 from Mr. Y on Guarantee of Mr. Z. The contract
between Mr. X and Mr. Y is the _______.
Contract of bailment
Principal contract (Primary Contract)
Secondary contract
According to section 142 of Contract Act, a guarantee obtained by means of

misrepresentation made by the creditor, concerning a material part of the
transaction is
_____.
Valid
Invalid
Indemnity
Secondary contract
A pledge can also be called as __________.
Bailment
Guarantee
Indemnity
Pawn
In which sections of Contract Act, 1872 the law relating to contract of agency is
contained?

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ss12-75
ss76-123
ss124 181
ss182-238
An agent appointed to do all acts in connotation with a particular business

identification is called __________.
Special agent
General agent
Universal agent
Mercantile agent
At the first annual general meeting of the company directors shall be elected in
accordance with section 178 for a term of:
1 year
2 years
3 years
5 years
Which of the following is not true about dividends?
Dividends shall be paid out of profits of the year or any other undistributed
profits.
The directors can not pay interim dividends to the members.
The directors may set aside a reserve out of the profits before recommending any
dividend.
All dividends shall be declared and paid according to the amounts paid on the
shares.
Which of the following is put into business by partners while formulating a

partnership?

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Money
Property
Labour and skill
Any or all of given options
The Partnership Act, 1932 repealed which of the following?
Contract Act, 1872

Section 239-266 of the Contract Act, 1872
Section 72-144 of the Contract Act, 1872
Law of trust
Preparation of required documents of the company is done during which

phase?
Inauguration phase
Promotion phase
Registration phase (Not Sure)
Which of the following is a legal document on the basis of which the company
conducts its external affairs?
Memorandum of association
Article of association
Share certificate
Certificate of commencement of business
Memorandum of association of a new public company is required to be

subscribed by how many persons?
At least one person

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Three persons
At least three persons
Seven persons
What should be last words in the name of the private limited company?
Limited
(Private) Limited
& company
Any of the given options
Which of the following is most probably a company limited by guarantee?
A multinational company
A commercial bank
A stock exchange
A local manufacturing concern
In which of the following situation, a company can not be wound up by the

Court?
If the company is unable to pay its debts

If the company does not commence its business within a year from its
incorporation
If the company suspends its business for a whole year
If the number of members of a private company is reduced to five (Not Sure)
Within how many days from the date of the making of the winding up order, a
certified copy of the order shall be filed with the registrar?
7
10
15

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30
A committee of the Securities and Exchange Policy Board constituted under

section 15 is termed as _______ in SECP Act, 1997.
Committee
Commission
Board
Clearing house
The Securities and Exchange Commission when exercising its powers under
SECP Act, 1997, shall have regard to which of the following?
The quality and capability of the management of the company

The general public interest
The interest of potential public investors in the company
Which of the following is not a party in cheque?
Payee
Maker
Drawer
Drawee
If the endorser signs his name only, the endorsement is said to be:
Blank
Full
Special
Restrictive

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Within how many days from the receipt of the application to register a trade
union, the registerar shall issue a registration certificate?
7 days
10 days
15 days
30 days
According to Industrial Relations Ordinance, which establishment shall set up a

Joint Works Council?
Private limited company

That has no shop steward
Listed in stock exchange
Having more than fifty employees
What shall be the extent of workers' participation in Joint Works Council?
25%
40%
50%
60%
Which shares are issued to the promoters or the underwriters of the company?
Deferred shares
Cumulative preference shares
Ordinary shares
Equity shares
The Securities and Exchange Commission monitors the general financial

condition of a Non Banking Finance Company and may order ________.

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To present annual report
To appoint internal auditor
To cease the business
For special audit
All of the following included in the procedure of examining any person by the
Securities and Exchange Commission, EXCEPT:
Any person concerned with the case may be called by written notice
Such person shall be examined orally
Such person shall be examined in written
Any statement made by such person shall be prepared in writing
Who defines the roles and responsibilities of the Chairman and Chief Executive
of a listed company?
Majority shareholders
Executive directors
The Board of Directors
Which of the following may not be included in the Directors Reports of listed
companies?
The fact along with reasons that the company is considered to be a going concern
Significant deviations from last year in operating results of the company
Key operating and financial data of last six years in summarized form
The reason that the company has not declared dividend
An agent may draw an instrument on behalf of the principal subject to

following conditions, except:
That the agent has been authorized by the principal to that effect

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That the principal is not a competent person to enter into a contract
That the agent acts in the name of the principal
That the agent has not exceeded his authority
According to Halsbury, which of the following is a relation that subsists

between persons carrying on a business in common with a view of profit?
A proprietorship
A partnership
An enterprise
A company
As per Industrial Relations Ordinance, 2002, the determination by a Labour

Court,
Arbitrator or an Appellate Court of competent jurisdiction of any industrial
dispute or any matter relating thereto is called:
Judgment
Award
Decision
Ruling
An award of the Labour Court, in case of strike and lockout, shall not be for a
period:
Less than one year

More than one year
Less than two years
More than two years
Labour courts are established by whom?
Provincial Government

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Federal Government
High Court
Supreme Court
Which of the following is not a bench of National Industrial Relations

Commission?
Single bench
Division bench
Half bench
Full bench
Promises which form the consideration for each other are called ________
promises.
Reciprocal
Dependent
Mutual
Independent
Committing, or threatening to commit, any act forbidden by Pakistan Penal

Code is called _______.
Coercion
Fraud
Misrepresentation
Mistake
An investigation of the theory of legislation, precedent and custom is done by

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Political jurisprudence
Which of the following is NOT a type of damages?
Ordinary damages
Liquidated damages
Compound damages
Nominal damages
Under section 41of contract act, when a promisee accepts performance from a
third person, he afterwards:
Can enforce it against promisor

Can not enforce it against promisor
Can not enforce it against third person
Can enforce it against both promisor and third person
A study of the legal source of law is called __________.
Legal jurisprudence
A promise made without intention of performing it amounts to:
Coercion
Innocent misrepresentation
Wrongful misrepresentation
Fraud

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According to section 2 (b) of contract act, when a proposal is accepted, it
becomes:
An agreement
A contract
An offer
A promise
Mr. A borrows Rs. 1000 from Mr. B and keeps his watch as security for payment
of debt. It is called ________.
Bailment
Pledge
Guarantee
Indemnity
Which of the following is an essential of a contract of Guarantee?
Consideration of a contract
Avoidance of misrepresentation
Can be oral or written
A painter contracts to paint a picture for his customer for Rs. 1000. Who can
perform the contract?
The painter himself

Assistant of painter who is also a painter
A student of painter who is learning painting
Painter or his assistant only
Coercion is committing, or threatening to commit, any act forbidden by

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Pakistan Penal Code
Criminal Procedure Code
Contract act
Civil Law
In absence of any contrary intention in a joint promise, all joint promisors must
perform the promise ________.
Jointly
Severally
Jointly or severally
Jointly and severally
A contract is Voidable if it is:
Enforceable by law at the option of aggrieved party

Not enforceable at all
Enforceable if certain conditions are satisfied
Enforceable by both parties
The starting point in the formation of a contract is:
A proposal
An agreement
An obligation
A legal relationship
Consent caused by a Fraud makes a contract:
Void
Voidable
Unenforceable
Invalid

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“Consideration” is an action which:
Is done in the Past

Is in progress at Present
Will supposed to be occur in Future
May occur in all the above situations (Not Sure)
Contract of indemnity is a:
Wagering contract
Quasi contract (Not Sure)
Contingent contract
Void contract
The consideration in a contract must be:
Of adequate value to promise

Enforced by courts of law
Of high worth to promise
Accepted by parties on free consent (Not Sure)
Which of the following is not a party to a contract of guarantee?
Surety
Creditor
Indemnifier
Debtor
When a supplier is unable to deliver the goods on due date due to strike in his
factory, according to Section 56 of contract act, the agreement:

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Becomes void
Is discharged
Is not discharged
Is voidable
Which of the following is NOT an element of bailment?
Contract
Specific purpose
Delivery of goods
Change of ownership
Which of the following is not a contract of indemnity?
Insurance of car
Insurance of workers’ compensation
Insurance of property
Insurance of life
In which section of Contract Act, the definition of proposal is provided?
Section 1(e)
Section 1(f)
Section 2(a)
Section 2(d)
The Section 2(g) of contract act defines that an agreement not enforceable by
law is said to be:
Valid agreement
Void agreement
Voidable agreement
Illegal agreement

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In case of Undue Influence, the burden of proof lies upon _______.
Dominating party
Influenced party
Both parties
The court
The evolution of law over a period of time is studied as _________.
Legal history
Which of the following is NOT an essential for a valid proposal?
The terms of the offer must be definite and clear

The offer must be capable of creating legal relationships
The offer must be communicated to the other party
The offer must be in written form
The definition of contract is provided by which section of Contract Act?
Section 1(d)
Section 1(h)
Section 2(d)
Section 2(h)
According to section 26 of contract act, every agreement ‘in restraint of the

marriage’ of a minor is _________.

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Valid
Void
Not valid
Voidable
Consideration must move from:
Promisor
Promisee
A third party
Promisee or any other person
The court may grant rescission when ___________.
Contract is void
Contract is voidable
Contract is illegal
Contract is unenforceable (Not Sure)
Mr. A contracted to deliver 4900 kg of wheat to Mr. B. But Mr. A delivered 4925
kg. It is __________.
A Valid tender (Not Sure)

Not a valid tender
An invalid performance
Breach of contract
Which of the following damages includes indirect loss also that may arise due
to breach of contract?
Ordinary damages
Special damages
Liquidated damages

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Nominal damages
What will happen if a future event, about which a contingent contract has been
made, becomes impossible?
The contract remains valid

The contract becomes voidable
The contract becomes void
One party can sue the other in court
When an executory contract is completely performed, it becomes:
Valid contract
Void contract
Executed contract
Legal contract
In which of the following conditions, the contract is voidable?
If one party is minor

In absence of free consent
If it is not enforceable at all
If it cannot become void under any condition (Not Sure)
Enforceability of a contingent contract is described in which section of contract

act?
Section 31
Section 32
Section 33
Section 34

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Each party to a contract is both promisor and promise in case of ___________.
Present consideration
Reciprocal promises
Valid contract
Past consideration
Mr. A contracts to pay Mr. C Rs. 10000 if Mr. C’s house is burnt. Which type of
contract is it?
Absolute contract
Bilateral contract
Quasi contract
Contingent contract
When a contract is fulfilled successfully, it leads to the ______________ of the

contract.
Remission
Alteration
Discharge
Performance
In case of breach of contract, measure of damages is the difference between:
Contract price and price fixed by court (Not Sure)

Contract price and market price on the date of breach
Contract price and expected selling price
Contract price and the highest market price during the continuance of court
An offer to perform promise from one of several Joint Promises is:
A valid offer

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An invalid offer
Breach of contract
A conditional offer
If you request your friend to buy a book for you, which contract is it?
Contract of guarantee
Contract of agency
There is no contract
Bilal, as per directions of Ahmed sold goods over which Ahmed had no rights to
sell, but Bilal was not aware of this. Afterwards, Rashid, the true owner of the
goods, sued Bilal and recovered the amount from him. Which of the following is
true?
Ahmed is liable to Bilal

Bilal is liable to Rashid
Rashid is liable to Ahmed
Ahmed is not liable to anyone
Which of the following is NOT a phase in formation of a company?
Inauguration phase
Promotion phase
Registration phase
Commencement of business
In the absence of any express provisions in Law of Negotiable Instruments,

which law is applicable?
Contract act
Contract of sales

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Contract of agency
All of the following must be included in a contract of sale, EXCEPT:
Time of delivery of goods

Place of delivery of goods
Acceptance of delivery
Advance payment of price
Fraudulent misrepresentation as to contents of documents makes the contract

________.
Void
Voidable
Illegal
Enforceable
According to section 30 of contract act, wagering agreements are:
Void
Valid
Unenforceable
Voidable
Competent parties to a valid contract are defined in which section of contract

act?
Section 10
Section 11
Section 12
Section 13

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All of the following are true about Articles of Association, except:
It is subordinate to memorandum of association

It is a doctrine of indoor management.
An alteration in it can be made through a special resolution by the company
It rises the contracts between the company and the out side world
Mere attempt to deceit the other party is __________.
Fraud
Misrepresentation
Not fraud if other party is not deceived
Coercion
A person who promises to compensate the loss in a contract of indemnity is

called:
Indemnifier
Indemnified
Indemnity holder
Indemnity owner
All agreements are contracts if they fulfill the requirements as contained in

___________ of the Contract Act, 1872.
Section 9
Section 10
Section 11
Section 12
Which of the following stories to bring the principles of the law to such a form
that they serve best?

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Analytical Jurisprudence
Judicial jurisprudence
Which section of the contract act says that every agreement by which anyone is
restrained from exercising a lawful profession, trade or business, is to that
extant void.
Section 26
Section 27
Section 28
Section 29
Akram promises to employ Ahmed for a salary of Rs.10000 from February next.
Which type of contract is it?
Valid contract
Void contract
Unenforceable contract
Executory contract
According to section 17 of contract act, which of the following includes ‘the

suggestion, as a fact, of that which is not true by a contracting party who does
not believe it to be true’?
Misrepresentation
Fraud
Coercion
Undue influence
Which section of Contract Act provides the test of soundness of mind to make a
contract?

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Section 12
Section 13
Section 14
Section 15
If two or more persons agree upon the same thing in the same sense, what is it
called according to section 13 of Contract Act?
Consent
Agreement
Promise
Contract
Which of the following is a Contingent Contract?
Wagering contract
Contract through coercion
Contract for credit sale
Fraud by one party in a contract is defined in which section of contract act?
Section16
Section17
Section18
Section19
Agreements without free consent are voidable under which section of Contract
Act.
Section 19
Section 20

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Section 21
Section 22
An agreement to do impossible act, without the knowledge of parties that it is

impossible, ______________.
Is void
Is voidable
Void ab initio
Becomes void on discovery of impossibility
Common rule of law is that there is no fraud if:
The other party is deceived

There is some damage of other party
There is no damage of other party
There is false representation
Mr. A delivers a piece of cloth to tailor to make a suit. This is ________.
A contract of indemnity
A contract of bailment
A contract of pledge
Not a contract
A contract to do or not to do something, if some event collateral to such

contract, does or does not happen is called _________.
Quasi contract
Wagering contract
Contingent contract
Bilateral contract

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According to section 10 of contract act, an agreement in order to become a

valid contract, must not be one of those that are expressly declared to be
________ by the law.
Void
Voidable
Illegal
Unenforceable
When a party to contract undertakes to perform an “impossibility”, the

contract becomes _________.
Void
Voidable
Void ab initio
Illegal
In situations where there are different laws in different provinces, which law
shall be applicable?
Law of province in which the contract was made

Law of province in which the contract was executed
The federal law instead of provincial laws
As settled between the parties
According to section 2(b) of contract act, when a proposal is accepted, it

becomes:
An agreement
A contract
An offer
A promise

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Which of the following statements about a minor, who by misrepresenting his

age borrows money, is true?
He can be sued for fraud

He can be sued for misrepresenting
Liable to return money
Not liable to return
The attainment of justice is the main object of ________.
Judicial jurisprudence
When a person positively asserts that a fact is true but his information does not
warrant it to be so, though he believes it to be true, this is a case of:
Fraud
Coercion
Undue influence
Misrepresentation
According to section 11, which of the following persons is NOT considered

competent to enter into a contract?
Person attained the age of majority

Person titled a minor by law
Person with a sound mind
Person not disqualified from contracting

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Mr. S delivered some ornaments for safe custody to his neighbor, without any
charge for that. This is _________.
Contract of pledge
Not a valid contract
According to section 39 of contract act, if promisor refused to perform the

contract or disabled himself from performing the contract, what the promisee
can do?
He must put an end to contract

He may terminate the contract
He can not claim compensation
The contract become void and nothing can be done by promise
The court may grant rescission in all of the following cases, EXCEPT:
The contract is voidable by plaintiff

The contract is voidable by blamed
The contract is not performed as per settlement
The contract is breached by one of the party
Following are the essentials of a valid acceptance, EXCEPT:
Acceptance must be conditional

Acceptance must be communicated to the offeror
Acceptance must be in response to an offer
Acceptance must be in prescribed manner

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When a person signifies to another his willingness to do or to abstain from
doing anything with a view to obtaining the assent of that other to such act or
abstinence he is, according to section 2(a) of Contract Act, said to __________.
Make a proposal
Make an obligation
Formulate a contract
Formulate an agreement
Principles of law as they currently exist are studied under which of the
following?
Both analytical and historical jurisprudence
Which of the following deals with the law that should be in an ideal state?
Commercial jurisprudence
By definition, a contract is:
An agreement
A legal obligation
Both an agreement and a legal obligation
Neither an agreement nor a legal obligation
According to section 2(e) of contract act, every promise and every set of
promises, forming the consideration for each other is:

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A contract
An agreement
An obligation
A proposal
Mr. Asad agrees to construct Mr. Basheer’s house for Rs. 10 lac. What is the
consideration for Mr. Asad?
Construction of the house by Mr. Asad

Construction of the house by Mr. Basheer
Promise to pay Rs. 10 lac by Mr. Asad
Promise to pay Rs. 10 lac by Mr. Basheer
A police officer bought a property worth one lac rupees for Rs.50000 from an
accused under his custody. The contract was done by:
Undue influence
Fraud
Coercion
Consent
The dominating party, in case of Undue Influence, can disprove the

presumption by arguing all, EXCEPT:
The facts were fully disclosed

The consideration was enough
The dominated party was in a position to receive independent advice
The dominated party did not gave his free consent
When a person does an act which is against public duty, the agreement is
________.

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Valid
Void
Voidable
Illegal
All of the following are the agreements that are expressly declared to be void
by the law, EXCEPT:
Agreement in restraint of marriage

Agreements in restraint of trade
Agreement made with consideration
Agreement by way of wager
An agreement in which one party agrees to close his business against the
promise of the other party to pay some amount is __________.
Valid
Void
Voidable
Unlawful
When a contract subsequently becomes difficult to perform due to

uncontemplated events, it _____________.
Becomes void
Becomes voidable
Is discharged
Is not discharged
In which of the following cases, the court may refuse to grant rescission?
When plaintiff has not expressly ratified the contract

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When parties can not be restored to their original position due to changed
circumstances
When a third party has acquired right in good faith and value
When only a part of contract is to be rescinded and such part can not be
separated from the rest of contract
According to section 148 of Contract Act 1872, the delivery of goods by one
party to another for some purpose upon a contract that these shall be returned
when promise is accomplished, is called _______.
Pledge
Bailment
Guarantee
Indemnity
A person is appointed as General Manager of a firm. Which of the following is

most suitable title for him?
Special agent
Universal agent
General agent
Co-agent
Mr. B, at request of Mr. A, sells goods which Mr. A had no right to sell. Mr. B
does not know this and sends money to Mr. A. Afterwards, Mr. C, the true
owner of the goods, sued Mr. B and recovers the money. Which of the
following is true?
Mr. A is liable to Mr. B

Mr. B is liable to Mr. C
Mr. A is liable to Mr. C
Mr. A is not liable to anyone

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Which of the following is NOT a duty of principal in contract of agency?
To indemnify the lawful acts

To pay remunerations
To render accounts
To indemnify the acts done in good faith (Not Sure)
What is the legal status of a decision about business timings, fixed by a market
association, that every shop will be closed by 08:00 PM?
Void; as it is in restraint of trade

Illegal; as it is imposed on other party
Unlawful; as it is against the free consent of the other party
Vaild; as it is considered as a general business practice
Which of the following is true regarding a Fraud or Misrepresentation if it had

not effect the consent and made any damages to a concerned party?
It makes the contract void.

It makes the contract voidable.
It renders the contract illegal.
None of the given options stand true.
The soundness of mind of a person is proved by:
The capacity of a perosn to recall his past incidents

The person's age of majority i-e above 18 years
The judgment of court reagrding the soundness of mind
The capability of understanding terms of contract & act rationally
Ashraf contracted Bilal to buy 1bale of cotton for Rs.80000 at a specific date.
Ashraf also made a contract with Hassan to sell this cotton for Rs.1 lac; Bilal
was fully aware of this contract with Hassan, but on the specific date Bilal failed

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to supply the cotton to Ashraf due to which Ashraf had failed to fulfill the
contract with Hassan. In this case Bilal is liable for which kind of damages?
Ordinary damages
Special damages
Exemplary damages
Liquidated damages
Misrepresentation has been defined in which section of the Contract Act?
Section 17
Section 18
Section 19
Section 20
In which of the following cases promisee CAN NOT terminate the contract?
When there is attempted performance

When offer of performance is unconditional
When offer is made at proper place
When offer is to perform one of several Joint
The Industrial Relations Ordinance came into force in:
1982
1997
2000
2002
A person employed to do any act for another is called:
Employee
Manager

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Agent
Principal
According to Securities & Exchange Commission of Pakistan Act, 1997, _____

means the day on which section 43 comes into force.
Winding up day
Commencement day
Appointed day
Holiday
Application to register a trade union includes all of the following, EXCEPT:
The name of the trade union and the address of its head office
Date of formation of the trade union
The titles, names, ages, addresses and occupations of the office bearers of the
trade union
Statement of total unpaid membership
Which of the following is true about the essentials of valid acceptance of a bill
of exchange?
It must be in writing
It must be signed by drawee or his agent
The acceptance must appear on the bill
All of the following are the powers of trustee, EXCEPT:
To sell trust property

To apply property for the benefit of the minor
To use trust property for any purpose
To give receipt

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Companies Ordinance, 1984 replaced which of the following?
Companies Act, 1913

Companies Ordinance, 1936
Companies Act, 1953
Companies Ordinance, 1964
Which of the following is necessary for the registration of a company?
To seek approval of the name of the company proposed by the promoters

Preparation of required documents to be submitted for registration
Filing of application for registration of the company
Which of the following is NOT a kind of shares of a limited company?
Capital share
Preferred share
Deferred share
Bonus share
Those damages which naturally arise as the result of breach of contract are
called:
Ordinary damages
Special damages
Liquidated damages
Nominal damages
As per Companies Ordinance, 1984, the maximum number of persons in a firm

is:

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10 persons
20 persons
30 persons
50 persons
Authority vested in the __________ where registered office of the company is

proposed in the memorandum of association to be situated.
City
District
Division
Province
A ‘Statement of Ethics and Business Practices’ for directors and employees of a

listed company is prepared by:
Board of directors
Executive directors
Chairman of the company
When a promisee refuses to accept performance from the promisor, it is called

________.
Tender
Frustration of contract
Vicarious performance
Attempted performance
How shall a prosecution for any offence under SECP Act against any person be
instituted?

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With the consent of commission
At the will of any two Commissioners
By the appeal of aggrieved party
By suo moto action of the court
Which of the following condition is considered to be a compulsion for a

contract?
Only an offer
Only an acceptance
Offer and acceptance
Offer, acceptance and documentation
The transfer of ownership in exchange for a price paid or promised or part-paid

and part-promised is called:
Sale
Contract for sale
Agreement of Sale
Lease Sale
Within how many days from the receipt of the application to register a trade
union, the register shall issue a registration certificate?
7 days
10 days
15 days
30 days
As per section 25 of the Partnership Act, 1932, all the partners of a firm share
liabilities of the firm:
Just mutually

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Just individually
Mutually and individually
At the first annual general meeting of the company directors shall be elected in
their place in accordance with section 178 for a term of:
1 year
2 years
3 years
5 years
Which of the following is NOT expressly declared to be void by the law?
Agreement in restraint of trade

Agreement in restraint of legal proceedings
Agreement contingent upon possible events
Reciprocal promises to do illegal acts
Consent under undue influence makes contract __________.
Valid
Void
Voidable
Unenforceable
When a promise is to be performed without application of promise, and no

place is fixed for the performance of it, what the promisor can do to perform
the promise?
He can perform the promise anywhere

He must perform the promise at promisee’s house
He has to apply to the promise to appoint a place

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He is not liable to perform the promise as the contract is not valid
Legal sources of law include all of the following, EXCEPT:
Business
Precedent
Customs
Agreement
Essentials of a contract of sale include all of the following, EXCEPT:
There must be an agreement

There must be more than two parties
There must be transfer of ownership
There must be some price as consideration
Who is liable when a partner has signed in his own name a promissory note for
the benefit of the firm?
All partners
The signatory partner
The limited partners
The major partners
Which of the following is true about a firm?
A firm has no legal existence

A firm adopts legal status from its partners
A firm has a legal status separate from its partners

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Mr. Asif threatens to kidnap Mr. Bashir’s son if he does not give Rs.2 lac to him;
and Mr. Bashir agrees to pay the amount. Such contract has been made by:
Consent
Coercion
Fraud
Undue influence
If two parties choose to enter into contracts with knowledge of the commercial
usage governing them, who will decide the terms of contract?
Court
Contract act
The two parties
The two parties along with court
Undue influence is described under which section of Contract Act?
Section 16
Section 17
Section 18
Section 19

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CS101 Introduction of computing

MGT611 Business & Labor Law Solved Objective For Final

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 1 ( Marks: 1 ) - Please choose one

Question No: 2 ( Marks: 1 ) - Please choose one

► Share common goals

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 4 ( Marks: 1 ) - Please choose one

Question No: 5 ( Marks: 1 ) - Please choose one

Question No: 6 ( Marks: 1 ) - Please choose one

► How well he or she communicates the true self

Question No: 7 ( Marks: 1 ) - Please choose one

Question No: 8 ( Marks: 1 ) - Please choose one

► Potential financial reward for being creative

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 9 ( Marks: 1 ) - Please choose one

► Satisfies the need for recognition and other awards

Question No: 10 ( Marks: 1 ) - Please choose one

Question No: 11 ( Marks: 1 ) - Please choose one

► See yourself at a distance

Question No: 12 ( Marks: 1 ) - Please choose one

Question No: 13 ( Marks: 1 ) - Please choose one

► Flexible work schedules

Question No: 14 ( Marks: 1 ) - Please choose one

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 15 ( Marks: 1 ) - Please choose one

Question No: 16 ( Marks: 1 ) - Please choose one

Question No: 17 ( Marks: 1 ) - Please choose one

Question No: 18 ( Marks: 1 ) - Please choose one

Question No: 19 ( Marks: 1 ) - Please choose one

Question No: 20 ( Marks: 1 ) - Please choose one

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 22 ( Marks: 1 ) - Please choose one

Question No: 23 ( Marks: 1 ) - Please choose one

Question No: 24 ( Marks: 1 ) - Please choose one

► Use nonverbal communication channels and body language extensively to communicate

Question No: 25 ( Marks: 1 ) - Please choose one

Question No: 26 ( Marks: 1 ) - Please choose one

Question No: 27 ( Marks: 1 ) - Please choose one

► Learn from your boss’s mistakes

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan

Question No: 28 ( Marks: 1 ) - Please choose one

► Maintain honest and open relationships

Question No: 29 ( Marks: 1 ) - Please choose one

Question No: 30 ( Marks: 1 ) - Please choose one

► Practicing strong ethics

Question No: 31 ( Marks: 1 ) - Please choose one

Question No: 32 ( Marks: 1 ) - Please choose one

Question No: 33 ( Marks: 1 ) - Please choose one

Question No: 34 ( Marks: 1 ) - Please choose one

Virtualians Social Network www.virtualians.pk Prepared by: Irfan Khan