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The confirmation of change of registered office of company within a state shall be

Question communicated to the company within ________ from the date of receipt of such
application.
Correct Answer Four weeks
Your Answer Three months

Multiple Choice Single Answer


Question When an offer is made to world-at-large, the contract is :-

Correct Answer Made with the person who signs or performs the terms and conditions of the offer

Your Answer Made with the person who signs or performs the terms and conditions of the offer

Multiple Choice Multiple Answer


Question A Bill of Exchange stands dishonoured by non-acceptance where the drawee of it does
not give qualified acceptance
Correct Answer The drawee is not competent to enter into contract , Drawee is a fictitious person and
even after reasonable search, could not be found , There are several drawees, who are
not partners and all of them refuses to accept
Your Answer only (a) & (c) of the above

True/False
Question Three parties can not enter into an agreement.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question An agency by necessity may arise in following three circumstances :-

Correct Answer When an agent exceeds his authority in an emergency , When a person is entrusted
with another's property , In case of husband and wife
Your Answer When an agent exceeds his authority in an emergency , When a person is entrusted
with another's property , When a person wants to earn secret profits.

Multiple Choice Multiple Answer


Question The liability of companies on the basis of liability are :-

Correct Answer Unlimited companies , Limited by guarantee , Limited by shares

Your Answer Limited by guarantee

True/False
Question Subsidiary company can hold shares and can acquire membership of the holding
company.
Correct Answer False

Your Answer False

Multiple Choice Single Answer


Question An agreement denotes a promise :-

Correct Answer Forming considerations for each other

Your Answer With reciprocal consideration


LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The essential point about an agent's position is his ________ of
making his principal answerable to third parties.
Correct Answer Authority

Your Answer Authority

Multiple Choice Single Answer


Question Partnership at will is a partnership :-

Correct Answer For an indefinite period

Your Answer For an indefinite period

Select The Blank


Question An agent is simply a blank ________ between his principal and
the third party.
Correct Answer Connecting link

Your Answer Connecting link

Multiple Choice Multiple Answer


Question A sale can be in case of

Correct Answer specific goods , existing goods

Your Answer specific goods , existing goods , contingent goods

Multiple Choice Multiple Answer


Question Coercion means and includes :-

Correct Answer Any act forbidden by the Indian Penal Code , Any threatening to
commit illegal act
Your Answer Any act forbidden by the Indian Contract Act , Any act forbidden
by the Indian Penal Code , Act forbidden by any law

Match The Following


Question Correct Answer Your Answer

Cannot enter into Two partnership firms Two partnership firms


partnership
Giving due notice Dissolves partnership at Dissolves partnership at will
will
Partnership Deed Domicile of partnership Domicile of partnership firm
firm
Not mandatory Registration of partnership Can be sued in its own
name
Partnership firm Can be sued in its own Registration of partnership
name

Multiple Choice Multiple Answer


Question An unregistered firm can institute a criminal proceeding for :-
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The confirmation of change of registered office of company
within a state shall be communicated to the company within
________ from the date of receipt of such application.
Correct Answer Four weeks

Your Answer Three months

Multiple Choice Single Answer


Question When an offer is made to world-at-large, the contract is :-

Correct Answer Made with the person who signs or performs the terms and
conditions of the offer
Your Answer Made with the person who signs or performs the terms and
conditions of the offer

Multiple Choice Multiple Answer


Question A Bill of Exchange stands dishonoured by non-acceptance
where the drawee of it does not give qualified acceptance
Correct Answer The drawee is not competent to enter into contract , Drawee is a
fictitious person and even after reasonable search, could not be
found , There are several drawees, who are not partners and all
of them refuses to accept
Your Answer only (a) & (c) of the above

True/False
Question Three parties can not enter into an agreement.

Correct Answer False

Your Answer True

Multiple Choice Multiple Answer


Question An agency by necessity may arise in following three
circumstances :-
Correct Answer When an agent exceeds his authority in an emergency , When a
person is entrusted with another's property , In case of husband
and wife
Your Answer When an agent exceeds his authority in an emergency , When a
person is entrusted with another's property , When a person
wants to earn secret profits.

Multiple Choice Multiple Answer


Question The liability of companies on the basis of liability are :-

Correct Answer Unlimited companies , Limited by guarantee , Limited by shares

Your Answer Limited by guarantee

True/False
Question Subsidiary company can hold shares and can acquire
membership of the holding company.
Correct Answer False
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The essential point about an agent's position is his ________ of
making his principal answerable to third parties.
Correct Answer Authority

Your Answer Authority

Multiple Choice Single Answer


Question Partnership at will is a partnership :-

Correct Answer For an indefinite period

Your Answer For an indefinite period

Select The Blank


Question An agent is simply a blank ________ between his principal and
the third party.
Correct Answer Connecting link

Your Answer Connecting link

Multiple Choice Multiple Answer


Question A sale can be in case of

Correct Answer specific goods , existing goods

Your Answer specific goods , existing goods , contingent goods

Multiple Choice Multiple Answer


Question Coercion means and includes :-

Correct Answer Any act forbidden by the Indian Penal Code , Any threatening to
commit illegal act
Your Answer Any act forbidden by the Indian Contract Act , Any act forbidden
by the Indian Penal Code , Act forbidden by any law

Match The Following


Question Correct Answer Your Answer

Cannot enter into Two partnership firms Two partnership firms


partnership
Giving due notice Dissolves partnership at Dissolves partnership at will
will
Partnership Deed Domicile of partnership Domicile of partnership firm
firm
Not mandatory Registration of partnership Can be sued in its own
name
Partnership firm Can be sued in its own Registration of partnership
name

Multiple Choice Multiple Answer


Question An unregistered firm can institute a criminal proceeding for :-
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The essential point about an agent's position is his ________ of
making his principal answerable to third parties.
Correct Answer Authority

Your Answer Authority

Multiple Choice Single Answer


Question Partnership at will is a partnership :-

Correct Answer For an indefinite period

Your Answer For an indefinite period

Select The Blank


Question An agent is simply a blank ________ between his principal and
the third party.
Correct Answer Connecting link

Your Answer Connecting link

Multiple Choice Multiple Answer


Question A sale can be in case of

Correct Answer specific goods , existing goods

Your Answer specific goods , existing goods , contingent goods

Multiple Choice Multiple Answer


Question Coercion means and includes :-

Correct Answer Any act forbidden by the Indian Penal Code , Any threatening to
commit illegal act
Your Answer Any act forbidden by the Indian Contract Act , Any act forbidden
by the Indian Penal Code , Act forbidden by any law

Match The Following


Question Correct Answer Your Answer

Cannot enter into Two partnership firms Two partnership firms


partnership
Giving due notice Dissolves partnership at Dissolves partnership at will
will
Partnership Deed Domicile of partnership Domicile of partnership firm
firm
Not mandatory Registration of partnership Can be sued in its own
name
Partnership firm Can be sued in its own Registration of partnership
name

Multiple Choice Multiple Answer


Question An unregistered firm can institute a criminal proceeding for :-

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