Corporate Law
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Property of the company belongs to
Shareholders
company
members
promoters
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The maximum number of shareholders for public company
200
300
400
Unlimited
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Company can be a citizen of country?
True
False
Partially true
Partially false
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
In which year present Companies Act comes into force?
1956
2013
2018
2020
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Minimum number of members required to form a public company are
2
5
7
3
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The term perpetual succession mean
Going to be die
Never dies
Member operated only
Separate property
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Shares in private company ______
never transferable
can be transfer with approval of other members
Freely transferable
Transfer by company law Board only
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