Company Law Basics

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What is the primary document that contains the rules and regulations for the internal management of a company?

  • Memorandum of Understanding
  • Articles of Association (correct)
  • Charter of Incorporation
  • Company Bylaws

What is the legal document that sets out the company's constitution and objectives?

  • Certificate of Incorporation
  • Charter of Organization
  • Memorandum of Association (correct)
  • Company Manifesto

Which type of company is considered a separate legal entity from its owners and is liable for its own debts?

  • Private Limited Company
  • Partnership Firm
  • Sole Proprietorship
  • Public Limited Company (correct)

What is the primary legislation governing companies in India?

<p>The Companies Act, 2013 (C)</p> Signup and view all the answers

Which document outlines the company's objectives and the extent of its powers?

<p>Memorandum of Association (C)</p> Signup and view all the answers

What is the legal term for ending the existence of a company?

<p>Winding up (D)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Company Law Basics
5 questions

Company Law Basics

WholesomeLlama avatar
WholesomeLlama
Corporate Law Basics
5 questions

Corporate Law Basics

CreativeHawkSEye avatar
CreativeHawkSEye
Corporate Law Basics
8 questions

Corporate Law Basics

PamperedAntagonist avatar
PamperedAntagonist
Corporate Law Basics
10 questions

Corporate Law Basics

EnergySavingFermat avatar
EnergySavingFermat
Use Quizgecko on...
Browser
Browser