5 Questions
According to the Companies Act, 2013, to whom does the property of a company belong?
Company
Can a shareholder of a company use the company's property for personal purposes without entering into a contract with the company?
No
Under which section of the Companies Act, 2013 is the term 'Company' defined?
Section 2 (20)
What is the minimum number of partners required under a Partnership Firm?
3
True or False: A Partnership firm is a separate legal entity from its partners.
False
Test your knowledge on the preliminary and basic concepts of company law with this quiz. From understanding the ownership of company property to the rights and responsibilities of shareholders, this quiz will challenge your understanding of key concepts. Get ready to test your knowledge and see how well you know the fundamentals of company law.
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