Amit tells Bharat in the presence of Chetan that Amit is agent of Chetan. Chetan maintain silence instead of denying it. Later, if Amit sells Chetan's goods to Bharat, Chetan cannot dispute Bharat's title to the goods. This is example of

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CMA Intermediate Exam: Laws and Ethics Practice Test — practice the complete quiz, review flashcards, or try a random question.

Laws and Ethics syllabus for CMA Intermediate Exam - Laws and Ethics (by weightage):
Commercial Laws 30%
Industrial Laws 25%
Corporate Laws 35%
Ethics 10%

The laws & ethics exam checks your understanding of:
- fundamental aspects of laws relevant for a business entity
- the principles of corporate governance and ability to implement and report compliance
- awarness and understanding of the ethical values

Related Tests:

CMA Foundation Exam: Fundamentals of Ethics Practice Test 

CMA Foundation Exam: Fundamentals of Laws Practice Test


Amit tells Bharat in the presence of Chetan that Amit is agent of Chetan. Chetan maintain silence instead of denying it. Later, if Amit sells Chetan's goods to Bharat, Chetan cannot dispute Bharat's title to the goods. This is example of