Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce

Which of the following can be appointed as director of a company?

Which of the following section of sale of goods act deals with right of resale of unpaid seller?

In case of a company, for which of the following items, a special resolution is required?

What is the maximum number of company/companies a person can act as managing director at a time?

As per Companies Act 1956, who among the following must be included in the Audit Committee constituted in a Company?

Who is not included in the quorum for a valid company meeting:

For a company to carry out capital reduction, permission is required from

Which of the following is/are false about Dishonour of Cheque?
1. Section 138 defines Dishonour of cheque in terms of issues such as insufficiency of funds in the account.
2. Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier.
3. Imprisonment for such offence may be extended for period of five year.
4. Section 138 apply unless - the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.

The companies are regulated under

Central Chief Information Commissioner (CIC) is appointed by