Business Law Multiple Choice Questions

Business Law Multiple Choice Questions

Here, we are sharing very important “Business Law Multiple Choice Questions”.

(1) In “Promissory note” and a “bill of exchange” how many parties involved?
a) Two parties to a “Promissory note three to a bill of exchange”
b) One party to a “Promissory note” two to a “bill of exchange”
c) Four parties to a “Promissory note” three to a “bill of exchange
d) Three parties to a “Promissory note” four to a “bill of exchange”
e) None of these

Answer - Click Here:
C

(2) Type of law Public law_______?
a) Private
b) Local
c) Family
d) All of the above
e) none of these

Answer - Click Here:
A

(3) The rights of minor in the firm is…..
a) Not Access to and inspect and copy any of the accounts of the firm
b) Access to and inspect and copy any of the accounts of the firm
c) Admitted to the benefits of partnership
d) None of these

Answer - Click Here:
C

(4) How many classes Public law is divided?
a) Three
b) Two
c) Four
d) Five
e) None of these

Answer - Click Here:
C

(5) Maximum number of persons in Public company……


a) 9 persons
b) 11 persons
c) 2 persons
d) 7 persons
e) All of the above
Answer - Click Here:
D

(6) In Public law which law includes?
a) Administrative
b) Criminal
c) Constitution
d) None of these
e) All of these

Answer - Click Here:
E

(7) Maximum number of persons in Private company……
a) 9 persons
b) 10 persons
c) 2 persons
d) 7 persons
e) None of these

Answer - Click Here:
C

(8) Criminal Law is basically ?
a) Private law
b) Public law
c) Local law
d) Family law
e) A and B

Answer - Click Here:
B

(9) A contract which is known as void ?
a) Valid agreement
b) Partly valid agreement
c) Illegal agreement
d) A and c


d) None of these
Answer - Click Here:
D

(10) A private company cannot have more the ?
a) 50 members
b) 25 members
c) 12 members
d) 2 members
e) 30 members

Answer - Click Here:
A

(11) A agrees with B to sell “200 pairs of shoes” this agreement is…..
a) Voidable
b) Valid
c) Void
d) Partially valid
e) None of these

Answer - Click Here:
C

(12) The agreement which caused by fraud, coercion and misrepresentation is called…..
a) Void
b) Voidable
c) Partially void
d) Valid
e) None of these

Answer - Click Here:
B

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