Business Law MCQ on The Companies Act 2013 | Business Law MCQs for CA Foundation and Other Competitive Exams

Business Law MCQ on The Companies Act 2013: Check the below Business Law MCQ on The Companies Act 2013 with Answers Pdf free download. Business Law MCQ on The Companies Act 2013 Questions for Business Law with Answers were prepared based on the latest exam pattern. We have provided Business Law MCQ on The Companies Act 2013 with Answers to help students understand the concept very well.

Business Law MCQ on The Companies Act 2013


1. Which of the following tables in Schedule I of the Act does not contain any prescribed form of Memorandum?
(a) F
(b) B
(c) E
(d) D

View Answer

(a) F


2. Articles of Association are the regulator of the behaviour of:
(a) Creditors
(b) Directors and officers
(c) Suppliers
(d) Outside public

View Answer

(b) Directors and officers


3. How many fundamentals clauses are contained in the Memorandum of a company?
(a) 4
(b) 5
(c) 6
(d) 7

View Answer

(c) 6


4. In which case the principle of corporate veil was ignored by the courts:
(a) Determination of character of the company
(b) For protection of revenue of the Government
(c) For prevention of fraud or improper conduct
(d) All of these

View Answer

(d) All of these


5. The regulations contained in which of the following Tables are also called ‘articles’:
(a) A
(b) B
(c) C
(d) none of these

View Answer

(d) none of these


6. A company is incorporated in India, but all its members are the Americans. Such company is:
(a) An Indian company
(b) An American company
(c) An illegal association
(d) A government company

View Answer

(a) An Indian company


7. Acts done by a company ‘beyond its powers’ are termed:
(a) Intra vires
(b) illegal
(c) ultra vires
(d) none of these

View Answer

(c) ultra vires


8. A company cannot be treated as a citizen, yet it has its:
(a) Nationality
(b) Domicile
(c) Residence
(d) All of these

View Answer

(d) All of these


9. Under the Registered office clause, a company has to give the name of the:
(a) Town
(b) Village
(c) District
(d) State

View Answer

(d) State


10. Which of the following is called the charter of a company?
(a) Prospectus
(b) Articles of Association
(c) Memorandum
(d) Certificate of Incorporation

View Answer

(c) Memorandum


11. Registration of Articles of Association is compulsory for which of the following companies:
(a) Unlimited companies
(b) Companies limited by guarantee
(c) Private companies limited by shares
(d) All of these

View Answer

(d) All of these


12. The Articles of association must be signed by:
(a) All the directors
(b) All the promoters
(c) The auditors
(d) All the subscribers of the memorandum

View Answer

(d) All the subscribers of the memorandum


13. Which of the following companies may or may not frame (register) their articles of association ?
(a) Unlimited companies
(b) Private companies limited by shares
(c) Companies limited by guarantee
(d) None, all has to have its own articles

View Answer

(d) None, all has to have its own articles


14. Which of the following documents contains bye- laws that govern the internal management of a company ?
(a) Memorandum
(b) Articles
(c) Prospectus
(d) All of these

View Answer

(c) Prospectus


15. Articles of Association are subordinate to:
(a) Prospectus
(b) Board of Directors
(c) Memorandum and Companies Act
(d) None of these

View Answer

(c) Memorandum and Companies Act


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By Team Learning Mantras

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