Business Law
371. Corporal property is ______________
- Equable
- Visible
- Tangible
- Flexible
Correct answer: (C)
Tangible
372. The board shall meet at least four time a year, with a maximum times gap of ______________ between any two meetings
- 6 months
- 3 months
- 2 months
- 4 months
Correct answer: (B)
3 months
373. East India Company is an example of ______________ company
- Chartered
- Statutory
- Registered
- Foreign.
Correct answer: (A)
Chartered
374. A unique feature of trade mark is its ______________
- Corporality
- Perpetual life
- Degeneration
- Industrialism
Correct answer: (B)
Perpetual life
375. The most clause in the memorandum of Association of a company is ______________
- Name clause
- Objects clause
- Registered Office Clause.
- Liability clause
Correct answer: (B)
Objects clause
376. The statement in lieu of prospectus must be filed with the Registrar at least ______________ days before any allotment of shares is made.
- 15
- 30
- 6
- 3
Correct answer: (D)
3
377. The exception to the doctrine of constructive notice is provided in ______________
- Lifting the corporate veil
- Doctrine of indoor management
- Doctrine of ultra virus
- None of these
Correct answer: (B)
Doctrine of indoor management
378. A company is the creation of ______________
- Common seal
- Law
- Share capital
- Members
Correct answer: (B)
Law
379. Minimum ______________ persons to constitute a public limited company.
- 7
- 10
- 2
- 5
Correct answer: (A)
7
380. Statutory companies are those incorporated under a special act passed by ______________
- Companies Act
- Parliament
- Special resolution
- Law
Correct answer: (B)
Parliament