Law – NBC Institute

BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

Question

Which of the following should NOT be the social objective of a business organisation?

A. Pay tax as at when due
B. Obey laws enacted by the National Assembly
C. Keep clean environment
D. Encourage tax avoidance
E. Encourage tax evasion

Answer

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Tags: Business, Ethics, Law, Social Objectives, Tax
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2014

BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

Question

The body of general rules backed by sanctions, which governs the behavior of people in a country or state is known as:
A. Ethics
B. Law
C. Ethical Codes
D. Contract
E. Trust

Answer

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Tags: Law, Legal Framework, Rules
Level: Level 1

Topic: Introduction to Law
Series: MAY 2018

BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

Question

An offence committed with the aid or assistance of a computer or computer network is called
A. Computer fraud
B. Computer crime
C. Yahoo Yahoo
D. Electronic crime
E. Cybercrime

Answer

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Tags: Computer Crime, Cybercrime, Law
Level: Level 1

Topic: Intellectual Property Law
Series: MAY 2022

BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

Question

A law passed by the National Assembly and assented to by the President is referred to as:

A. Edict
B. By-law
C. Decree
D. Act
E. Bill

Answer

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Tags: Law, Legal Terminology, Legislation, National Assembly
Level: Level 1

Topic: Company Law
Series: MAY 2023

BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

Question

Insurance contract is broadly divided into
A. Two categories
B. Three categories
C. Four categories
D. Five categories
E. Six categories

Answer

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Tags: Categories, Insurance Contract, Law
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2016

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

Question

The purpose of data protection law is to protect the:
A. Managers
B. Owners
C. Governments
D. Individuals
E. Investors

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Data protection, Information security, Law
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2024

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

Question

Law, ethics, and ethical codes are more acceptable in
A. Customary Law
B. English Law
C. Nigerian Legislation
D. Judicial Precedent
E. Common Law

Answer

Find Related Questions by Tags, levels, etc.

Tags: Ethical Codes, Ethics, Law
Level: Level 1

Topic: Business Ethics and Corporate Governance
Series: MAY 2015

BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

Question

Which of the following should NOT be the social objective of a business organisation?

A. Pay tax as at when due
B. Obey laws enacted by the National Assembly
C. Keep clean environment
D. Encourage tax avoidance
E. Encourage tax evasion

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business, Ethics, Law, Social Objectives, Tax
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2014

BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

Question

The body of general rules backed by sanctions, which governs the behavior of people in a country or state is known as:
A. Ethics
B. Law
C. Ethical Codes
D. Contract
E. Trust

Answer

Find Related Questions by Tags, levels, etc.

Tags: Law, Legal Framework, Rules
Level: Level 1

Topic: Introduction to Law
Series: MAY 2018

BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

Question

An offence committed with the aid or assistance of a computer or computer network is called
A. Computer fraud
B. Computer crime
C. Yahoo Yahoo
D. Electronic crime
E. Cybercrime

Answer

Find Related Questions by Tags, levels, etc.

Tags: Computer Crime, Cybercrime, Law
Level: Level 1

Topic: Intellectual Property Law
Series: MAY 2022

BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

Question

A law passed by the National Assembly and assented to by the President is referred to as:

A. Edict
B. By-law
C. Decree
D. Act
E. Bill

Answer

Find Related Questions by Tags, levels, etc.

Tags: Law, Legal Terminology, Legislation, National Assembly
Level: Level 1

Topic: Company Law
Series: MAY 2023

BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

Question

Insurance contract is broadly divided into
A. Two categories
B. Three categories
C. Four categories
D. Five categories
E. Six categories

Answer

Find Related Questions by Tags, levels, etc.

Tags: Categories, Insurance Contract, Law
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2016

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

Question

The purpose of data protection law is to protect the:
A. Managers
B. Owners
C. Governments
D. Individuals
E. Investors

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Data protection, Information security, Law
Level: Level 1

Topic: The Role of Professional Accountants in Business and Society
Series: MAY 2024

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

Question

Law, ethics, and ethical codes are more acceptable in
A. Customary Law
B. English Law
C. Nigerian Legislation
D. Judicial Precedent
E. Common Law

Answer

Find Related Questions by Tags, levels, etc.

Tags: Ethical Codes, Ethics, Law
Level: Level 1

Topic: Business Ethics and Corporate Governance
Series: MAY 2015

Question Tag: Law

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BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

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BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

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BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

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BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

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BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

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BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

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BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

You're reporting an error for "BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society"

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

You're reporting an error for "BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance"

BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifies the inappropriate social objective for a business.

You're reporting an error for "BMF – Nov 2014 – L1 – SA – Q2 – Nature of Business, Types, and Objectives"

BL – May 2018 – L1 – SA – Q7 – Introduction to Law

Identify what governs behavior with sanctions in a state or country.

You're reporting an error for "BL – May 2018 – L1 – SA – Q7 – Introduction to Law"

BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law

Define the type of crime committed using a computer or network.

You're reporting an error for "BL – May 2022 – L1 – SA – Q10 – Intellectual Property Law"

BL – May 2023 – L1 – SA – Q12 – Company Law

Identify the term for a law passed by the National Assembly and assented to by the President.

You're reporting an error for "BL – May 2023 – L1 – SA – Q12 – Company Law"

BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking

This question asks about the broad categories into which insurance contracts are divided.

You're reporting an error for "BL – MAY 2016 – L1 – SA – Q17 – Law Relating to Banking"

BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society

Understanding the primary purpose of data protection law.

You're reporting an error for "BMF – May 2024 – L1 – SA – Q5 – The Role of Professional Accountants in Business and Society"

BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance

Identify which legal system most accepts law, ethics, and ethical codes.

You're reporting an error for "BL – May 2015 – L1 – SA – Q9 – Business Ethics and Corporate Governance"

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