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Class 12 Business Studies Business Environment Legal environmentHard

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If a company wants to sell old stock without updates before a new legal standard applies, what should it check?

Answer and explanation

Correct answer: Transition period and legal exemption conditions

Sale of old stock may depend on transition provisions of the law. In exams, read transition provisions carefully.

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Business-Environment Legal-Environment Class-12 Hard Legal Environment Business Environment Business Studies Class 12 Mcq

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