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

A. Shareholders

B. Central Government

C. Registrar of Companies

D. Promoters

A. An invention

B. A work of art

C. Logos, names and brands

D. The look, shape, and feel of a product

A. Decides name of a company

B. Nomination of directors

C. Settles the details of memorandum and articles

D. All of these

A. a-1, b-3, c-2

B. a-2, b-3, c-1

C. a-2, b-1, c-3

D. a-1, b-2, c-3

A. Systematic Accounting Code

B. Service Accounting Code

C. System Administration Code

D. Scientific Accounting Code

A. 1 and 4

B. 2 and 3

C. 1 and 2

D. 2 and 4

A. Section 67

B. Section 65

C. Section 66

D. Section 64

A. Outbreak of war

B. Change of law or government policy

C. Both A and B

D. None of the above

A. Sonal cannot force Neha to sell the article at Rs. 50

B. Sonal can force Neha to sell the article at Rs. 50

C. Sonal can claim damages

D. Sonal can sue Neha in the court

A. The first auditors of a company must be appointed within one month after the registration of the company

B. If no auditor is appointed at the Annual General Meeting of the company, the Central Government must be so informed within 15 days

C. A corporate body cannot be appointed an auditor of the company

D. The auditor is an agent of shareholders