Corporate Laws MCQs and Notes

C
Add MCQ, ...................................
📊 Corporate Laws
Q. Prospectus must therefore make full and honest declaration of materials facts without concealing or omitting any relevant fact. This is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Twiquant rule
  • (B) Golden rule
  • (C) General rule
  • (D) Special rule
💬 Discuss
✅ Correct Answer: (B) Golden rule
📊 Corporate Laws
Q. If a public company limited by shares does not register its own articles ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐apply
  • (A) Table C
  • (B) Table B
  • (C) Table A
  • (D) Table D
💬 Discuss
✅ Correct Answer: (C) Table A
📊 Corporate Laws
Q. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ consists of a series of regulations framed by the legislature for the conduct of the affair of company.
  • (A) Table B
  • (B) Table A
  • (C) Table C
  • (D) Table D
💬 Discuss
✅ Correct Answer: (B) Table A
📊 Corporate Laws
Q. The company shall give notice of alteration to the Register within ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of passing the resolution
  • (A) 3 months
  • (B) 6 months
  • (C) 30 days
  • (D) 60 days
💬 Discuss
✅ Correct Answer: (C) 30 days
📊 Corporate Laws
Q. A company may change its name by passing ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ with the approval of central govt.
  • (A) Special resolution
  • (B) Ordinary resolution
  • (C) Both A & B
  • (D) None of the above
💬 Discuss
✅ Correct Answer: (A) Special resolution
📊 Corporate Laws
Q. The shorter versions of a prospectus is also known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Deemed prospectus
  • (B) Incomplete prospectus
  • (C) Abridged prospectus
  • (D) Red Herring Prospectus
💬 Discuss
✅ Correct Answer: (C) Abridged prospectus
📊 Corporate Laws
Q. If the Articles of a company conflict with the memorandum.
  • (A) The articles shall prevail
  • (B) The memorandum shall prevail
  • (C) The directors will resolve the conflict
  • (D) The court will resolve the conflict.
💬 Discuss
✅ Correct Answer: (B) The memorandum shall prevail
📊 Corporate Laws
Q. The memorandum of Association is a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the company.
  • (A) Certificate
  • (B) Schedule
  • (C) Document
  • (D) None of the above
💬 Discuss
✅ Correct Answer: (C) Document
📊 Corporate Laws
Q. During which of the following circumstances can the veil be lifted by the court?
  • (A) Where the Co acts as an agent
  • (B) Where a fund is noticed
  • (C) When the company tries to avoid certain legal obligation
  • (D) All of the above.
💬 Discuss
✅ Correct Answer: (D) All of the above.
📊 Corporate Laws
Q. The common seal of the company is the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
  • (A) Official signature of the company
  • (B) Rights of the company
  • (C) General view of the company
  • (D) None of the above.
💬 Discuss
✅ Correct Answer: (A) Official signature of the company

More Faculties

Click on sub category to learn more.

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play