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Corporate Law I Quiz

Authored by Nurazlina Abdul Raof

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University

Used 4+ times

Corporate Law I Quiz
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102 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of business law?

To promote business

To regulate business conduct

To increase profits

To create monopolies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a source of law in Malaysia?

Constitution

Custom

Fiction

Legislation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Act governs companies in Malaysia?

Companies Act 1965

Companies Act 2016

Business Registration Act 1956

Partnership Act 1961

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole proprietorship in Malaysia is owned by:

Two persons

A company

One person

A group of individuals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of business entity in Malaysia?

Sole Proprietorship

Partnership

Limited Liability Partnership

Cooperative Society

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum number of partners required to form a partnership?

1

2

3

5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business entity has unlimited liability?

Sole Proprietorship

Partnership

Limited Liability Partnership

Both a and b

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