Corporate Law Practice Questions

Topics Covered:
Law, Engineering, Accountancy, Production, Marketing, Management Basic

30 Questions

Practice Questions

1. What is the primary legislation governing companies in most jurisdictions?
2. Which of the following is not a type of company?
3. A company is considered a legal entity separate from its owners. This concept is known as:
4. The minimum number of directors required for a private company is:
5. The doctrine that protects shareholders' personal assets from company liabilities is called:
6. A Memorandum of Association (MoA) defines:
7. The document that contains the internal regulations and management rules of a company is:
8. Which body has the power to appoint the first directors of a company?
9. The Annual General Meeting (AGM) of a company must be held within how many months from the end of the financial year?
10. The statutory auditor of a company is appointed by:
11. Equity shareholders are also known as:
12. The minimum paid-up capital requirement for a private limited company is:
13. The portion of a company’s profits distributed among shareholders is called:
14. A debenture is a type of:
15. What is the maximum number of members in a private limited company?
16. Which law is primarily responsible for corporate governance in India?
17. Which of the following committees is related to corporate governance?
18. Independent Directors are appointed to:
19. The term whistleblowing in corporate law refers to:
20. Corporate Social Responsibility (CSR) mandates that a company should spend at least what percentage of its net profit on social initiatives?
21. A merger occurs when:
22. A company that takes over another company is called a:
23. The process of liquidating a company due to insolvency is called:
24. The body that regulates mergers and acquisitions in India is:
25. A company is dissolved when:
26. Which of the following is a landmark case in corporate law?
27. Insider trading refers to:
28. Which authority regulates the stock market in India?
29. Ultra vires acts of a company are those that:
30. The primary responsibility of a company’s board of directors is to: