Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce
Legal Aspects of Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Legal Aspects of Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-5 section-3
Each section contains 100 MCQs on
Legal Aspects of Business .
The Companies Act, 2013 requires that every company shall have a minimum number of 3 directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company according to:
A document filed with the Registrar of Companies is deemed to have been read and understood by all those who deal with the company. Such presumption is in line with:
Statement (I): Agreement without consideration is always valid. Statement (II): All contracts are agreements but all agreements are not contracts.
In the context of the above two statements, which one of the following option is correct?