Business Law

301. The directors may be held ______________ liable on their failure to fulfill the formalities imposed upon them by the Act

1. General law
2. Criminal
3. Civil
4. All of the above

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302. ______________ is a group of people who are acting on behalf of the company

1. Managing Director
2. Partnership
3. Board of Directors
4. All of the above

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303. ______________ director act during the absence of the original director.

1. First director
2. Additional director
3. Alternative director
4. Representative director

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304. For the proper conduct of business in a meeting a ______________ is necessary

1. Director
2. Managing director
3. Chairman
4. Shareholders

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305. ______________ is a proposal put before a meeting.

1. Motion
2. Resolution
3. Quorum
4. Proxy

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306. In case of members voluntary winding up , the liquidation for conducting the winding up proceedings is appointed by ______________.

1. Central government
2. Company in its general meeting
3. Company law board
4. Register

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307. The name of a defunct company can be resorted to register on an application made to the Tribunal by the company, or any member or a creditor within ______________.

1. 3 years from the dissolution
2. 6 years from the dissolution
3. 20 years from the dissolution
4. 12 years from the dissolution.

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308. Every worker who worked for ______________ days entitled to Annual Wages

1. 200
2. 240
3. 500
4. 440

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309. In corporal properties are not ______________

1. Flexible
2. Apparent
3. Corporal
4. Reachable

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310. Extra ordinary meeting of the ______________

1. Member
2. Share holders
3. Directors
4. Both A and B

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