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Practice Commerical Law Questions and Answers

When you evaluate a company's financial ratios in relation to other companies in the same industry, what type of comparison is this?
In the Balance Sheet, Corporate Dividend Tax will be shown as a liability under the heading -
Which of the following represents composite supply
Which one of the following is a correct equation?
A Red Herring Prospectus does not the include information related to __________
A Private Company may not issue securities
The preference shares should be redeemed with in a period of
Which of the following is an exception to the doctrine of privity of contract rule _______________?
What is the minimum and maximum number of directors required in a public company as per the Companies Act, 2013?
A Public Company is a company which has a minimum paid-up share capital ____________
The registered office clause of memorandum of association contains
The Prospectus must be issued to the public within ______________ days after the date onwhich a copy thereof is delivered to the Registrar
What is the minimum number of members required to form a public company?
As per the Companies Act, 2013 a Company means_____________
Which challenge was posed by Over-the-Top (OTT) services to the traditional Indian telecom services?
Which of the following statement is true?
A contract entered between two companies was found to lack mutual consent. Under the Indian Contract Act, which essential element of a valid contract is mi...
Company A agrees to sell 1,000 laptops to Company B, but the contract lacks the specification of model and delivery timeline. Later, B refuses to accept de...
Mr. X, a minor, enters into a contract to buy a bike. Later, he refuses to pay. What is the legal position?
Company A promises to sell land to Company B but does not sign a written agreement. B makes payment and takes possession. Is this enforceable?
A contract contains an arbitration clause. A dispute arises but one party sues in civil court. What should the court do?
Mr. Sharma, a sole proprietor, entered into an oral agreement with a vendor for purchase of office furniture worth ₹2 lakhs, with delivery to be made aft...
A contract is entered into under duress where one party threatened the other with loss of business if the agreement wasn't signed. The other party signs un...
ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent and...
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed. Which pri...
ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent and...

Practice Commerical Law Questions and Answers

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Practice Commerical Law Questions and Answers

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