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A proposed name is rejected if it too closely resembles the name of:
AA rival newspaper
BAn existing company
CA retired employee
DA distant relative
Answer & Solution
Correct answer: B. An existing company
1. Confusion between firms must be avoided.
2. Misleading names are refused too.
3. It cannot resemble an existing company.
_Source: NCERT Class 11 Business Studies, Chapter 7, Formation of a Company._
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