Legal Aspects Of Business - Study Mode
[#186] Which of the following is a right of unpaid seller against buyer?
Correct Answer
(C) Both A and B
[#187] Under the Indian Contract Act, a third person:
Correct Answer
(A) who is the beneficiary under the contract can sue
[#188] Which of the following statements are true in context of companies? 1. A fixed charge becomes floating charge when a company goes into liquidation. 2. Only one director can be appointed as a Managing Director. 3. Share can be converted to stock but stock cannot be converted to share.
Correct Answer
(A) 1 and 2
[#189] Competition Act, 2002, bill got presidential assent in
Correct Answer
(B) January 2003
[#190] Maximum number of members in case of public company.
Correct Answer
(D) Unlimited