Annual general meeting of a company is called by the:
A. Company secretary
B. Board of directors
C. Registrar of companies
D. company auditor
Select an option to see the answer and solution.
What can be the subject matter of the contract of sale as per section 6 of Sale of Goods Act?
A. Only existing goods owned or possessed by the owner
B. Only Future goods
C. Existing goods which are neither owned nor possessed by the owner
D. Existing goods, owned or possessed by the owner or future goods
Select an option to see the answer and solution.
In which of the following case(s), right of lien comes to an end?
A. Buyer or his agent lawfully obtains delivery
B. Seller has waived his right of lien
C. Goods delivered to carrier
D. All of the above
Select an option to see the answer and solution.
A company Secretary is appointed by:
A. The Managing Director
B. The Board of Directors
C. The members of the Company at the Annual General Meeting
D. A special resolution passed at the General Meeting of the Company
Select an option to see the answer and solution.
A company is called an artificial person because:
A. It does not have the shape of a natural person
B. It cannot be sued in the court of law
C. It is invisible and intangible
D. It exists only in contemplation of law
Select an option to see the answer and solution.
Out of the following persons which of the following does not come under the definition of the "unpaid seller" as per Chapter V of Sale of Goods Act?
A. A seller to whom the whole of the price has not been paid or tendered
B. A seller to whom more than half of the price has been paid or tendered
C. A seller who has received a bill of exchange as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise
D. A seller who has received a negotiable instrument as conditional payment and the condition on which it was received has not been fulfilled by reason of the dishonour of the instrument or otherwise
Select an option to see the answer and solution.
Which of these contracts has three parties consisting of creditor, principal debtor, and surety?
A. Contract of indemnity
B. Contract of surety
C. Contract of pledge
D. Contract of guarantee
Select an option to see the answer and solution.
Which of the following feature is not essential for a contract?
A. It should be in writing only
B. Free consent of parties competent to contract
C. Lawful consideration and with a lawful object
D. It should not be declared void expressly
Select an option to see the answer and solution.
Section 11 of the Indian Contract Act specifies that every person is competent to contract provided:
A. he is of the age of majority according to the law to which he is subject
B. he is of sound mind
C. he not disqualified from contracting by any law to which he is subject
D. all of the above
Select an option to see the answer and solution.
Which one of the following is not the form of merger of company?
A. Horizontal
B. Vertical
C. Diagonal
D. Conglomerate
Select an option to see the answer and solution.
A public company should issue prospectus within
A. 30 days of its incorporation
B. 90 days of its incorporation
C. 180 days of its incorporation
D. one year of its incorporation
Select an option to see the answer and solution.
One of the primary responsibilities of the Company Secretary is to attend the Annual General Meeting of the company. As per the Companies Act, Annual General Meeting and requisitioned Extra ordinary General Meetings are explained U/S . . . . . . . .
A. 150 to 156
B. 159 to 163
C. 166 to 169
D. 173 to 175
E. 183 to 187
Select an option to see the answer and solution.
In national phase under Patent Cooperation Treaty, what should be the duration of term of patent from the international filing date?
A. 16 years
B. 20 years
C. 12 years
D. 25 years
Select an option to see the answer and solution.
Vote of Central Government in GST Council will be on the following weightage?
Select an option to see the answer and solution.
The directors of a public company are jointly called
A. Management committee
B. Statutory committee
C. Board of directors
D. None of the above
Select an option to see the answer and solution.
Which of the following is the most important document of the company?
A. Memorandum of association
B. Article of association
C. Prospectus
D. Annual report
Select an option to see the answer and solution.
Which of the following is/are a condition(s) of right of stoppage in transit?
A. Goods must be in transit
B. Buyer becomes insolvent
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Contingent contract to do or not to do anything on the happening of an uncertain future event:
A. is never enforceable
B. is enforceable since the time of making it
C. becomes enforceable in the immediate possibility of happening of that event
D. becomes enforceable only on the happening of that event
Select an option to see the answer and solution.
The doctrine of constructive notice protects the interest of:
A. the company
B. the shareholders
C. the creditors
D. the debtors
Select an option to see the answer and solution.
The term 'Intellectual Property Rights' covers:
A. Copyrights
B. Know-how
C. Trade dress
D. All of the above
Select an option to see the answer and solution.