Company Law

Company Law

Professional Development

50 Qs

quiz-placeholder

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Company Law

Company Law

Assessment

Quiz

Business

Professional Development

Practice Problem

Hard

Created by

Mansoor Soomro SIBAU

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a valid method for incorporating a company in Pakistan?

Partnership agreement

Memorandum of Association

Informal verbal agreement

Individual declaration

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a type of share capital?

Ordinary shares

Preference shares

Debentures

Equity shares

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of share capital carries preferential rights with regard to dividend payment?

Ordinary shares

Equity shares

Preference shares

Bonus shares

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which document provides detailed information about the company to potential investors and is required for issuing shares to the public?

Memorandum of Association

Articles of Association

Share certificate

Prospectus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mortgage in the context of company law?

A legal document granting ownership rights to a property

A charge on company assets to secure a loan or debt

A document specifying the terms of a loan agreement

A financial instrument used for raising capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of meeting allows shareholders to discuss and vote on important company matters?

Annual general meeting (AGM)

Board meeting

Committee meeting

Extraordinary general meeting (EGM)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for the day-to-day management of a company?

Shareholders

Directors

Auditors

Creditors

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