Business Law (MCQs) Set-2
Categories: Education
Q.1. _____ is the resolution which is passed, at valid called general meeting, by special majority of the meeting.
- Ordinary resolution
- Special resolution
- Resolution by postal ballot
- Resolution requiring special notice.
Answer: (B) Special resolution
Q.2. _____ is a person who has ultimate control over the affairs of factory
- Young person
- Adult
- Occupier
- Adolescent
Answer: (C) Occupier
Q.3. ______ are the true owners of the company.
- Members
- Investors
- Directors
- Share holders
Answer: (D) Share holders
Q.4. Which of the following documents is submitted by the board of directors at every AGM______?
- Balance sheet
- Profit and Loss Account
- Both A and B
- None of the above
Answer: (C) Both A and B
Q.5. _____ guarantees its established quality
- Patent
- Goods
- Trade mark
- Safety
Answer: (C) Trade mark
Q.6. Where a directors acts dishonestly to the interest of the company. He will be held liable for _____
- Negligence
- Malafide acts
- Ultra virus acts
- Breach of fiduciary duty
Answer: (D) Breach of fiduciary duty
Q.7. An act which is to be ultra-virus a company is _____
- Void
- Valid
- Both A and B
- None of these.
Answer: (A) Void
Q.8. Shelf prospects relates under Sec. _____
- 16 A
- 14 A
- 60 A
- 40 A
Answer: (C) 60 A
Q.9. An official liquidator is appointed by the ______
- Central government
- By Court
- State Government
- Company
Answer: (A) Central government
Q.10. As per Sec. 439 who can file a petition to the Tribunal for winding up?
- The Registrar
- Company
- Contributory
- Any one of these.
Answer: (D) Any one of these.