TY B.COM
SEMESTER - 6

BUSINESS LAW - II
MCQS - 2018
(1) In any parinership firm, maximum numbers of partnars cannot be go beyond _______
(A) 15
(B) 30
(C) 40
(D) 50 (पहले 50 थे अब 200 हैं)
(2) Law of partnenhio is an extension to law of _______
A) Indemnity
(B) Guarantee
(C) Agency
(D) Bailment
(3) Which of the following are effects of non-registration?
i. Partner cannot sue against other partner.
ii. Partner cannot sue against the firm.
III. Partner cannot sue the third party for contractual rights.
iv. Third party cannot sue the partner or the firm.
(A) i, ii, iii & iv
(B) iii & iv
(C) ii, iii & iv
(D) i, ii, & iii
(4) When a partnership is formed for a particular period, the partnership is called a _______
(A) Particular Partnership
(B) Partnership at will
(C) Partnership by Status
(D) None of these
(5) Which of the following partnership can be dissolved by any partner by giving a notice in writing to all other partners regarding his intention to dissolve the firm?
(A) Particular Partnership
(B) Partnership at wil
(C) Partnership by Status
(D) None of these
(6) Which of the following partner need not give public notice of his retirement?
(A) Actual Partner
(B) Sleeping Partner
(C) Ostensible Partner
(D) Nominal Partner
(7) Which of the following partners' insanity or permanent incapacity to perform his duties may be a ground for the dissolution of the firm?
i. Actual Partner
ii. Sleeping partner
iii. Nominal partner
iv. Dormant partner
(A) i & iii
(B) ii & iv
(C) i, ii & iii
(D) i, ii, iii & iv
(8) Which of the following are rights of partners?
i. To take part in conduct of business.
ii. To have access to books
iii. To claim interest on advances
iv. To be just and faithful inter se
(A) i, & iii
(B) ii & iv
(C) i, ii & iii
(D) i, ii, iii & iv
(9) Which of the following are duties of partners?
i. To attend diligently
ii. To dissolve the partnership
iii. To prevent introduction of new partner
iv. To hold firm's property for business purpose
(A) i & iii
(B) ii & iv
(C) i & iv
(D) i, ii, iii & iv
(10) In which of the following instances the firm can be dissolved by the order of the court?
i. Persistent Breach of agreement
ii. Misconduct
iii. Perpetual loss
iv. Permanent Incapacity
(A) i & iii
(B) ii & iv
(C) i & iv
(D) i, ii, iii & iv
(11) Who among the following is not a consumer?
i. The person who buys any goods for consideration for resale.
ii. The person who buys any goods for consideration for comumercial purpose.
iii. The person who buy any goods for consideration for earning livelihood.
iv. The person who obtains any goods at free of cost.
(A) i, ii & iv
(B) ii & iv
(C) i & iv
(D) i, ii, iii & iv
12. Mr. Virat is appointed as a member of District Forum at the age of 61 years, he can hold his office up to _______ years of his age.
(A) 66
(B) 65
(C) 70
(D) 67
(13) Out of total number of members in National Commission, at least _______ should be woman / women.
(A) Two
(B) Three
(C) One
(D) Five
(14) Mr. Rohit bought a new car worth 1.5 crore for his personal use, the car devetoped manufacturing defects, neither dealer nor the manufacturer paid any attention to this problem. Which of the following authority will accept his complaint?
(A) District Forum
(B) National Commission
(C)State Commission
(D) National Company Law Tribunal
(15) Which of the following are essential qualifications to be appointed as member of the dispute redressal machineries constituted under the Consumer Protection Act, 1986?
i. the person should not be less than 35 years of age.
ii. the person must possess a bachelor degree from the recognized university.
iii. the person must be of ability, integrity and standing, and have adequate knowledge and experience in dealing with the problems relating to economics, law, commerce, accountancy, industry, public affairs or administration.
(A) i & ii
(B) i, ii & iii
(C) ii only
(D) ii & iii
(16) Which one of the following kind of company is the outcome of the Companies Act, 2013?
(A) Public Company
(B) Foreign Company
(C) One Person Company
(D) Private Company
(17) Under the Companies Act, 2013 the maximum number of members in private company is increased from 50 to _______.
(A) 70
(B) 80
(C) 100
(D) 200
(18) The status of One Person Company is that of ______.
(A) Private company
(B) Foreign company
(C) Public company
(D) Government Company
(19) "Small company" menas
(A) a company other than a public company, the paid up share capital of which does not exceed fifty lakhs rupees; and turnover of which as per its last profit and loss account does not exceed two crore rupees.
(B) a company other than a public company, the paid up share capital of which does not exceed fifty lakhs nupees, or turnover of which as per its last profit and loss account does not exceed Two crore rupees.
(C) a company other than a public company, the paid up share capital of which does not exceed ten lakhs rupees, and turnover of which as per its last profit and loss account does not exceed two crore rupees.
(D)a company other than a publc company, the paid up share capital of which does not exceed fifty lakhs rupees; and turnover of which as per its last profit and loss account does not exceed one crore rupees
(20) Which of the following are the characteristics of a company?
i. Separale Legal Entity
ii. Limited Liability
iii. Can sue but cannot be sued
iv. Transferability of shares
(A) ii, iii & iv
(B) i, ii & iii
(C) i, ii & iv
(D) i, ii, iii & iv
(21) Which of the following is the landmark judgement with respect to Doctrine of Ultra Vires?
A) Cox V. Hickman
(B) Royal British Bank V. Turquand
(C) Ashbury Raihway Carriage and iron Company V. Riche
(D) Salomon V. Salomon and Company
(22) Which of the following doctrine protects the outsider against the internal procedural irregularity of the company?
(A) Doctrine of Indoor Management
B) Doctrine of Ultra Vires
(C) Doctrine of constructive notice
(D) Doctrine of frustration
(23) Ignorance of Memorandum and Articles of Association is not a defence, is the spirit of
(A) Doctrine of Indoor Management
(B) Doctrine of Ultra Viress
(C) Doctrine of constructive notice
(D) Doctrine of frustration
(24) The notice of the exact situation (address) of the registered office shall be given to the Registrar of the Companies, within _______ days from the date of incorporation.
(A) 30
(B) 60
(C) 90
(D) 15
(25) Which of the following are exceptions to the doctrine of Indoor Management?
(A) Forgery
(B) Negligence
(C) Knowledge of Iregularity
(D)All of these
(26) First Annual General Meeting (AGM) of the company should be held within _______ months from the date of closing financial year.
(A) 9
(B) 6
(C) 15
(D) 8
(27) The quorum for AGM of Private Company is _______ members personally present.
(A) 2
(B) 3
(C) 5
(D) 10
(28)The company must give clear ______ days notice to all the concerned persons for AGM.
(A) 7
(B) 21
(C) 15
(D) 30
(29) The company should hold at least _____ board meeting in a year.
(A) Six
(B) Ten
(C) Four
(D) Five
(30) Who among the following may call for extraordinary general meeting ?
i. By the board of directors of its own accord.
ii. By the directors on requisition.
iii. By the requisitionist themselves.
iv. By the tribunal.
(A) ii, iii & iv
(B) i, ii & iii
(C) i, ii & iv
(D) i, ii, iii & iv
No comments:
Post a Comment