When the Registrar Refuses to Register a Society Applied for Registration

question 18

Multiple Choice

When the Registrar refuses to register a society applied for registration he shall communicate the order of refusal within .........days

• A)15 days of such order
• B)7 days of such order
• C)20 days of such order
• D)30 days of such order

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Definitions:

Differentiated Product

A product that is distinguished from similar products offered by competitors through variations in design, functionality, or quality, making it more appealing to a specific segment of consumers.

Monopolistically Competitive Firm

A company that operates in a market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power and product differentiation.

Market Share

The market share that a certain company or product possesses within the industry.

Product

Any item or service offered for sale, capable of satisfying a customer's need or want.