Beruflich Dokumente
Kultur Dokumente
True/False
Question
There are two types or kinds of capital of a company, i.e.
owned capital and borrowed capital.
Correct Answer
True
Your Answer
False
True/False
Question
Partnership is nothing but a psychological relationship existing
between the partners.
Correct Answer
False
Your Answer
False
True/False
Question
Loss of profits is an example of liquidated damages.
Correct Answer
False
Your Answer
True
Multiple Choice Multiple Answer
Question
An unregistered firm can bring an action in any court of Law
against
Correct Answer
a partner who steals the property of the partnership firm , a
partner who purposely damages the property of the partnership
firm
Your Answer
a partner who steals the property of the partnership firm , a
partner who purposely damages the property of the partnership
firm , a partner who wrongfully deals with the assets of the firm
True/False
Question
The company law board confirms the change of registered
office of the company within a state.
Correct Answer
False
Your Answer
False
Select The Blank
Question
Ratification is one of the ways of ________ agency.
Correct Answer
Creating
Your Answer
Creating
True/False
Question
A company can become a partner or can enter into a
partnership agreement.
Correct Answer
False
Your Answer
False
Multiple Choice Multiple Answer
Question
Following are the characteristics of the partnership at will :Correct Answer
Partners are always free to break their relationship at their will
False
Your Answer
False
Match The Following
Question
Correct Answer
Your Answer
Minor Partner
Admitted for profits only
Admitted for profits only
Dissolution of a Partnership
Death or Insanity of the partners
Death or Insanity of the partners
Firm
Partners
Partners
Partner
Agents of the firm
Agents of the firm
Partnership
Can be formed at Will
Can be formed at Will
Multiple Choice Multiple Answer
Question
Following are the elements which constitute a partnership
Correct Answer
there must be a contract regarding a partnership , there must
be an association of two or more persons
Your Answer
there must be a contract regarding a partnership , there must
be an association of two or more persons
Select The Blank
Question
There should be a ________ and real necessity for creating an
agency.
Correct Answer
Definite
Your Answer
Congenital
Multiple Choice Single Answer
Question
For obtaining recognition as an Appropriate Laboratory, the
applicant shall send an application in the proforma prescribed
by the :Correct Answer
Bureau of Indian Standard
Your Answer
Bureau of Indian Standard
Multiple Choice Single Answer
Question
The object of carrying on a business must be :Correct Answer
Sharing of profits
Your Answer
Sharing of profits
True/False
Question
Company is treated as a legal person distinct from its
members.
Correct Answer
True
Your Answer
True
Select The Blank
Question
An offer must create ________ relationship.
Correct Answer
Legal
Your Answer
Legal
Multiple Choice Multiple Answer
Question
A person is considered the holder of Negotiable Instruments if
:Correct Answer
His name appear on an instrument , He is in possession of
bearer instrument , He is the endorsee of a cheque
Your Answer
His name appear on an instrument , He is in possession of
bearer instrument , He is contracting an instrument