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

A. Indian Contract Act, 1882

B. Indian Contract Act, 1972

C. Indian Contract Act, 1872

D. Indian Contract Act, 1888

A. only where it is unknown to the parties

B. only where it is known to the parties

C. whether it is known or unknown to the parties at the time of agreement

D. whether it is known to the third parties

A. Three years imprisonment or Rs. 5,00,000

B. Three years imprisonment or Rs. 3,00,000

C. Two years imprisonment or Rs. 2,00,000

D. Ten years of imprisonment or Rs. 10,00,000

A. Beyond the powers of the directors only

B. Beyond the powers of the secretory only

C. Beyond the objects stated in the memorandum of association only

D. Beyond the powers of the chief executive of the company only

A. Issued capital

B. Called capital

C. Authorised capital

D. Paid-up capital

A. 10

B. 50

C. 20

D. None of the above

A. other private interests

B. other financial interests

C. other public Interests

D. None of these

A. Tamil Nadu

B. Uttar Pradesh

C. Maharashtra

D. Gujarat

A. Section 4

B. Section 5

C. Section 6

D. Section 2(7)

A. Section 14

B. Section 16

C. Section 18

D. Section 20