Business Law (MCQs) Set-4

Categories: EDUCATION

Q.31. The order of dissolution can be issued only by the company

  1. Tribunal
  2. Company Law Board
  3. Both A and B
  4. None of these.

 

Answer: (A) Tribunal

 

Q.32. ____ mean a person who is either child or Adolescent

  1. Child
  2. Young person
  3. Adolescent
  4. Adult

 

Answer: (B) Young person

 

Q.33. _____ auditors of the company are appointed by the share holders in annual General Meeting.

  1. General
  2. Statutory
  3. Special
  4. None of these

 

Answer: (B) Statutory

 

Q.34. A registered trade mark is called ____

  1. Patent
  2. Sealed good
  3. Common Law Mark
  4. ISI mark

 

Answer: (C) Common Law Mark

 

Q.35. The minutes of the company in case of a Board Meeting shall be signed by ____

  1. Director
  2. Chairman
  3. Managing director
  4. Both A and B.

 

Answer: (B) Chairman

 

Q.36. Shelf Prospectus means a prospectus issued by ______

  1. Any trading company
  2. Any industrial company
  3. Any financial institution of bank
  4. None of the above.

 

Answer: (C) Any financial institution of bank

 

Q.37. The common seal of the company should have

  1. The company’s name
  2. The word Corporate seal
  3. The Place of the company
  4. All of the above.

 

Answer: (D) All of the above.

 

Q.38. For declaration of dividend no ____ resolution is required

  1. Ordinary
  2. Special
  3. Simple
  4. None of the above

 

Answer: (B) Special

 

Q.39. Anything done under an agreement between the company and third party requires recognition of the company in the form of _____

  1. Contract
  2. Agreement
  3. Partnership
  4. Official seal

 

Answer: (D) Official seal

 

Q.30. Private company means a company which has a minimum paid up capital of ______

  1. 2,00,000
  2. 5,00,000
  3. 1,00,000
  4. 1,50,000

 

Answer: (C) Rs.1,00,000

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Business Law (MCQs) Set-4