WorksheetsCompany Law
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
Property of the company belongs to
a)
Shareholders
b)
company
c)
members
d)
promoters
2.
Audit of accounts is compulsory for a Public Company:
a)
True
b)
False
3.
Memorandum of Association defines a company relationship with the outside world:
a)
True
b)
False
4.
The term perpetual succession mean
a)
Going to be die
b)
Never dies
c)
Member operated only
d)
Separate property
5.
What are the two types of duty owed by directors of a company?
a)
Duty of interaction.
b)
Duty of care; fiduciary duty.
c)
They don't owe any duty.
d)
I need to study more.
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