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Freight Module 2 / Company Law 1 In contract law, the term 'consideration' means a right or benefit accruing to each party from the contract 2 The following statements relating to a public limited company are CORRECT a plc must have at least 2 directors all plcs must have their accounts externally auditedThe private company requires conversion of a public company into a _____ A an ordinary resolution B a special resolution C a special resolution and union governments approval D a special resolution and company law board approval ANSWER C 52 A private company is to become a public company if its average turnover in the previous three

A private limited company commences business mcq

A private limited company commences business mcq-A) Expenditure for the business b) Cost for the business c) Gain for the business d) None of the above 37 Goods given as samples should be credited to a) Advertisement account b) Sales account c) Purchase account d) None of the above 38 Outstanding salaries are shown as a) Added to Salaries while preparing P & La/cBusiness and Commerce MCQ Questions and answers with easy and logical explanations Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations Business and Commerce MCQ is important for exams like CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other accounts department exam Page4 section1

Mcqs On Companies Act 13 The Legal Info

Gkseries provide you the detailed solutions on Company Law as per exam pattern, to help you in day to day learning We provide all important questions and answers from chapter Company Law These quiz objective questions are helpful for competitive exams Page4Questions Free Download as PDF of Company Law Questions with Answers as per exam pattern, to help you in day to day learning We provide all important questions and answers for all Exam 13 Where a company has three directors, the maximum remuneration payable to all of them is ________% of the annual net profit A 5 Two Person Company Limited Liability Partnership Public Private Partnership Answer (1) One Person Company is a private company which is one formed by one person by subscribing their names or his name to a memorandum and complying with the requirements of Companies Act Q5

When you start a business, you must make informed decisions You must choose the appropriate form of business in which you want to participate Some examples of this include sole proprietorship, corporation, partnership, cooperative, and limited liability You will need to know one of the disadvantages of a sole trader business and one of the advantages of a Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 7 Formation of a Company with Answers Pdf free download MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern We have provided Formation of a Company Class 11 Business Studies MCQs Questions with Answers to help studentsNotes corporate administration unit introduction to company definition company is association of many persons who contribute money or worth to common stock and IPC MCQ Chapterwise Mcq;

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A private company can commence business after incorporation Experts who help promoters in the promotion of a company are also called promoters A company can ratify preliminary contracts after incorporation If a company is registered on the A company must have a registered office from the day on which it commences business or 30th day after its incorporation_____ which ever is earlier MCQ'S QUESTION BANK IN LAW/B14_____7 8 WWWGNTMASTERMINDSCOM 24

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