Business Law quiz 2

Every company need to file with the registrar a copy of

• Memorandum of Association

• Articles of Association

• Prospectus

• Records

A company is called an artificial person because

• It does not have life

• It exists only in the contemplation of Law

• It is Invisible

• It is intangible

The minimum paid-up share capital in a private company is?

• 1.5 Lakh

• 2 Lakh

• 1 Lakh

• 50k

The Companies Act in the year.

• 2016

• 2015

• 2014

• 2013

Minimum number of share holders required for public and private company.

• 3 and 7

• 3 and 6

• 2 and 7

• 4 and 8

Full form of OPC.

• One person company

• Only person company

• Original person company

• order person company

MOU defines the?

• Rules of the company

• Conditions of the company

• Purpose of the company

• Feedback of the company

______ is the combining two or more into one organization.

• Amalgamation

• Joint venture

• Acquisition

• Merger

AOA Defines?

• Financial terms of the company

• The rules and regulations of the company

• HR terms of the company

• Profits of the company

LLP Full form.

• Low liability partnership

• Least liability partnership

• Limited Liability Partnership

• Leverage liability partnership