Company law introduction

Company law introduction

University

12 Qs

quiz-placeholder

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Company law introduction

Company law introduction

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Kunal Sharma

Used 374+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In which year present Companies Act comes into force?

1956

2013

2018

2020

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Minimum number of members required to form a public company are

2

5

7

3

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Saloman was carried which kind of business?

cloths

Boot

Chocolate

Mobile

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The term perpetual succession mean

Going to be die

Never dies

Member operated only

Separate property

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Shares in private company ______

never transferable

can be transfer with approval of other members

Freely transferable

Transfer by company law Board only

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The common seal of the company

Is mandatory for all the companies

It is mandatoryFor Public Co. only

It is mandatory for Pvt. Co. Only

It is optional W.E.F 29/05/15

7.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Tick all the demerits of a company from the followinig.

Formalities

More tax burden

Limited liability

Possibility of fraud

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