Fundamentals of Company Law Quiz
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Questions and Answers

According to the Companies Act, 2013, to whom does the property of a company belong?

  • Shareholders
  • Company (correct)
  • Members
  • Promoters
  • Can a shareholder of a company use the company's property for personal purposes without entering into a contract with the company?

  • No (correct)
  • Partly Yes
  • Yes
  • Partly No
  • Under which section of the Companies Act, 2013 is the term 'Company' defined?

  • Section 2 (20) (correct)
  • Section 2 (3)
  • Section 2 (10)
  • Section 2 (4)
  • What is the minimum number of partners required under a Partnership Firm?

    <p>3</p> Signup and view all the answers

    True or False: A Partnership firm is a separate legal entity from its partners.

    <p>False</p> Signup and view all the answers

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