Quiz  /  Business and Commerce Class 12 MCQ Questions With Answers

  • 1. 
    What is e-commerce?

  • The buying of goods online
  • The selling of services online
  • The buying and selling of goods and services online

  • 2. 
    Which one of this business model uses a complex IT system?

  • B2C
  • B2B
  • C2C

  • 3. 
    SELECT the essential elements of a valid contract.

  • certainty of term
  • intention to create legal relations
  • possibility of performance
  • All of above

  • 4. 
    True or False? B2C uses the simplest IT system.

  • True
  • False

  • 5. 
    What are the limitations (to consumer) of using e-commerce?

  • Need a strong internet connection
  • Delays in receiving goods
  • Need to worry about postal charges
  • Both A & B

  • 6. 
    .What is a contract?

  • an agreement between two or more people which has a legal backing
  • an agreement between two or more people
  • an agreement between two or more people which does not have a legal backing
  • a disagreement between two or more people which has a legal backing

  • 7. 
    B2C means business to consumer

  • True
  • False

  • 8. 
    An offer can be terminated in the following way.

  • When the offeree notifies the offeror that he does not wish to accept the offer.
  • Lapse of offer.
  • Withdrawal of the offer(revocation)
  • A refusal of counter offer.
  • All of above

  • 9. 
    In a law of contract, a counter offer operate as

  • an acceptance
  • a consensus
  • a rejection
  • a contract

  • 10. 
    What kind of contract may be difficult to execute because of its flexibility?

  • formal
  • informal
  • regular
  • irregular

  • 11. 
    A contract can be a written or spoken agreement.

  • ture
  • false

  • 12. 
    A contract in which all parties to the contract have carried out their obligation is said to be terminated by

  • breach of contract
  • frustration
  • operation of the law
  • voluntary agreement
  • performance

  • 13. 
    What is the issue of place in marketing mix when a business decides to sell online?

  • Consumer safety
  • Product design
  • Price
  • Product delivery and distribution

  • 14. 
    That is an e-commerce website

  • Sincerely Nuts
  • eBay
  • Zalora
  • All of above

  • 15. 
    Business law include which type of laws.

  • administrative regulations
  • federal
  • state
  • All of above

  • 16. 
    ......... is a promise written on a paper that is signed, sealed and delivered.

  • formal contract
  • informal contract
  • law contract
  • court contract

  • 17. 
    A contract which is devoid of legal effect is

  • void contract
  • unenforceable contract
  • voidable contract
  • valid contract

  • 18. 
    What are the benefits of e-commerce to business?

  • Cheap
  • Can reach worldwide audience
  • More people are using computers (online)
  • All of above

  • 19. 
    The features of e-commerce

  • Interactivity
  • Global reach
  • Ubiquity
  • All of above
Report Question
warning
access_time
  Time