Business law MCQ’s

Business law MCQ’s

(1) According to the Sale of Goods Definition Section 2(7) the word goods meanings are?
a) All type of properties
b) Property without actionable claims & money
c) All type of movable properties
d) All type of movable property, without actionable claims & money

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D

(2) Consideration can be defined as…
a) Income
b) Benefit
c) Profit
d) All of these

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B

(3) Which of the following debentures is paid to a certificate holder is ______?
(a) secured
(b) Bearer
(c) registered
(d) None of these

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B

(4) Law of relationship in business person & middleman is the ?
a) Agency
b) business
c) surety
d) legacy

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A

(5) A private company can be established by how many persons?
a) Four
b) Three
c) Two
d) All of these

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C

(6) In a public company, minimum numbers of Directors are _______?
a) 3
b) 8
c) 2
d) All of the above

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A

(7) According to contract ______ person not usually get any response…
a) Principle
b) Surety
c) Agent
d) None of these

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C

(8) The notice of general meeting to non-profitable companies are given in?
a) 15 days
b) 22 days
c) 14 days
d) 33 days

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C

(9) G & H contract to marry each other. Now, suppose death of H occurs, the contract is…
a) Voidable
b) Valid
c) None of these
d) Void

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D

(10) The act which is done on behalf of the principal is?
a) Intention
b) Rule
c) Consideration
d) All of the above

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A