Legal Aspects Of Business - Study Mode
[#516] An agreement is a voidable contract when it is
Correct Answer
(B) enforceable by law at the option of the aggrieved party
[#517] A charge created on the stock in trade of a business is:
Correct Answer
(B) Floating charge
[#518] A company issues invitation to public to subscribe to its shares and debentures through
Correct Answer
(C) Prospectus
[#519] Which of the following are not included in the term 'goods' defined under section 2(7) of the Sale of Goods Act, 1930?
Correct Answer
(D) Actionable claims
[#520] As per section 205(2A) a company is obliged to transfer at least what amount is accumulations, if the rate of dividend is more than 20% of the paid up capital?
Correct Answer
(C) 10%