Deck 7: Corporate Law and Terminology

Question 1

-------------- mean a person who is either child or Adolescent

A)Child
B)Young person
C)Adolescent
D)Adult

Answer 1

Young person

Question 2

--------------------- is a person who has ultimate control over the affairs of factory

A)Young person
B)Adult
C)Occupier
D)Adolescent

Answer 2

Occupier

Question 3

Section 10 provides for the appointment of -----------------

A)Inspector
B)Adult
C)Certifying surgeon
D)Adolescent

Answer 3

Certifying surgeon

Question 4

Every worker who worked for ----------------- days entitled to Annual Wages

A)200
B)240
C)500
D)440

Question 5

Factories Act came in to existence in --------------------------

A)1948
B)1881
C)1781
D)1757

Question 6

Corporal property is -------------------

A)Equable
B)Visible
C)Tangible
D)Flexible

Question 7

------------------- are the true owners of the company.

A)Members
B)Investors
C)Directors
D)Share holders

Question 8

Corporal refer to --------------------

A)Possession
B)Ownership
C)Building
D)Computer

Question 9

------------------ auditors of the company are appointed by the share holders in annual General Meeting.

A)General
B)Statutory
C)Special
D)None of these

Question 10

In corporal properties are not ---------------

A)Flexible
B)Apparent
C)Corporal
D)Reachable

Question 11

The board shall meet at least four time a year, with a maximum times gap of ------------------- between any two meetings

A)6 months
B)3 months
C)2 months
D)4 months

Question 12

A ---------------------- is a visual symbol attached to goods

A)Patent
B)A trade mark
C)Corporal goods
D)Sealed goods

Question 13

A registered trade mark is called ---------------------

A)Patent
B)Sealed good
C)Common Law Mark
D)ISI mark

Question 14

Which of the following documents is submitted by the board of directors at every AGM----------------

A)Balance sheet
B)Profit and Loss Account
C)Both A and B
D)None of the above

Question 15

The time gap between two Annual Meeting should not exceed----------------

A)6 months
B)12 months
C)8 months
D)15 months.

Question 16

Extra ordinary meeting of the ---------------------

A)Member
B)Share holders
C)Directors
D)Both A and B

Question 17

East India Company is an example of ---------------------- company

A)Chartered
B)Statutory
C)Registered
D)Foreign.

Question 18

Mention one right that the proxy enjoys during a meeting-

A)Right to attend the meeting
B)Right to poll
C)Right to vote
D)None of these

Question 19

The minutes of the company in case of a Board Meeting shall be signed by --------------

A)Director
B)Chairman
C)Managing director
D)Both A and B.

Question 20

The winding up in which a solvency declaration is not made is known as ----------------

A)Creditors voluntary winding up
B)Members voluntary winding up
C)Compulsory winding up
D)None of the above

Question 21

For meeting may be adjourned by -------------------- circumstances

A)Quorum is not present
B)Lack of information
C)Balance sheet is not present
D)None of the above

Question 22

------------------- guarantees its established quality

A)Patent
B)Goods
C)Trade mark
D)Safety

Question 23

A unique feature of trade mark is its --------------------

A)Corporality
B)Perpetual life
C)Degeneration
D)Industrialism

Question 24

------------------------- is a kind of industrial property which can be purchased

A)Trade mark
B)Collective mark
C)Patent
D)ISI mark

Question 25

The company agrees that the remuneration of non- executive directors shall be decided by ----------

A)Company
B)Share holders
C)Board of Directors
D)Central Government