Legal Aspects of Business Objective Questions and Answers

659. A company secretary performs the functions of a company's
or
A company secretary is company's:
or
A Company Secretary is . . . . . . . . of company.
or
If the directors constitute the company brains, the secretary would denote its

660. The extent of an agent's authority, whether express or implied, depends upon

A. The nature of act or business for which he has been appointed

B. Things which are incidental to the business or are usually done in carrying it out

C. The usual customs and usages of the trade

D. All of the above

Discussion

661. Before forfeiture of shares the directors of the company have to first of all give a notice allowing at least:

A. 15 days to pay the amount due and interest there on

B. 21 days to pay the amount and interest there on

C. 30 days to pay the amount and interest there on

D. 25 days to pay the amount and interest there on

Discussion

662. What is the time limit to get the information concerning the life and liberty of a person?

663. Which of the following is not a justified ground of dishonouring of cheque by banker?

A. The cheque is post-dated and presented before the ostensible date

B. The banker had sufficient funds, but the funds are not properly applicable towards the payment of the cheque

C. If the cheque is altered in parts

D. If the cheque is duly presented

Discussion

664. The doctrine of the Caveat Emptor is embodied in which section of Sale of Goods Act, 1930?

665. A person at any one time cannot be director of more than:

Legal Aspects of Business MCQs