Corporate Law MCQS

By: Prof. Dr. Fazal Rehman | Last updated: May 29, 2025

1. : According to Section 2(49) of the Corporate Law, which of the following are the companies that are private companies?
(A) X only
(B) Y only
(C) X and Y only
(D) X, Y, and Z

2. : The capital of a company is represented by which of the following?
(A) Shares
(B) Properties
(C) Balance sheet
(D) Profit

3. : The word “Limited” in a company name can point to the fact of limited?
(A) Assets
(B) Liability
(C) Profit
(D) Business

4. : According to Corporate Law, what is the highest number of members of a private company (excluding companies with single-member)?
(A) 32
(B) 30
(C) 41
(D) 50

5. : Which of the following is the meaning of “doctrine of corporate personality”?
(A) A company is a sole trader
(B) A company is a partnership
(C) A company is a legal person
(D) A company means its owners