Legal Aspects Of Business - Study Mode
[#136] When a company deals in excess of the rights granted by its Memorandum of Association, then it is called
Correct Answer
(B) Ultra virus
[#137] Which term refers to a company in which that other company has a significant influence?
Correct Answer
(C) Associate company
[#138] Where a contract consists of reciprocal promises and such reciprocal promises are to be simultaneously performed:
Correct Answer
(B) Promisor need not perform his part of promise unless promise is ready and willing to perform his reciprocal promise
[#139] E-records and digital signatures are used to
Correct Answer
(D) All of the above
[#140] Ordinary resolution is required for:
Correct Answer
(A) Alternation of authorized capital of the company