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-1 section-10
Each section contains 100 MCQs on
Legal Aspects of Business .
Which of the following statements are true in context of a company under Company Act, 2013?
1. A member of a company must be a shareholder of a company.
2. Proxies are not to be included while counting the quorum of a meeting of a company.
3. The maximum number of directors in a public as well as private company is 15.
4. In case of a private company, there is no restriction to transfer the shares.
Which was the State in which local authorities started providing people access to certain information related to the 'Public Distribution System' (PDS) even before the State Assembly introduced/passed an RTI Act?
A contract in which the consent of one of the parties is obtained by coercion, undue influence, misrepresentation or fraud till the aggrieved party complains can be called:
Which of the following acts are administered by ministry of corporate affairs?
1. Companies Act, 2013
2. Limited Liability Partnership Act, 2008
3. Competition Act, 2002
Identify the correct statements.
