Top 250+ Solved Laws and Ethics MCQ Questions Answer
Q. The term 'sub-agent' in the business of agency is defined as a person employed by,and acting under the control of the
a. Principal
b. Original agent
c. Lawyer
d. Third person
Q. The first endorsement of an instrument can be made by the
a. Banker
b. Payee
c. Holder in due course
d. Agent
Q. Which of the following is not the mode of dissolution of a firm under voluntarydissolution?
a. Dissolution by agreement
b. Dissolution on the happenings of certain contingencies
c. Dissolution on becoming a partner of unsound mind
d. Compulsory dissolution
Q. White wash or color wash should be carried out at least once in every period of
a. 14 months
b. 24 months
c. 48 months
d. 60 months
Q. The term 'family' as defined in ESI Act, 1948 does not include
a. a spouse
b. a minor adopted child
c. a dependent unmarried daughter
d. an independent married sister
Q. Which one of the following amounts to safety measure?
a. Artificial humidification
b. Ventilation
c. Fencing of machinery
d. First aid appliances
Q. If a company does not have a common seal, the share certificate shall be signed by
a. Two Directors
b. One Director and Company Secretary
c. Two Directors and Company Secretary
d. Company Secretary
Q. In case of e-voting, notice shall be sent as attachment in
a. PDF file
b. Word file
c. Excel file
d. Access file
Q. A Director may be elected by small shareholders upon a notice by
a. not less than 1000 small shareholders.
b. one tenth of the total number of shareholders.
c. not less than 1000 small shareholders or one tenth of such shareholders, whichever is lower.
d. one tenth of 1000 small shareholders.
Q. Meta ethics deal with the nature of ___________ .
a. external influences
b. moral judgement
c. material facts
d. animal rights
Q. The breach of contract may be-
a. Actual
b. Anticipatory
c. None of the above
d. Either of (a) and (b)
Q. Which one of the following is not the feature of “agreement to sale”?
a. It is an executor contract
b. Sales takes place for existing and specific goods
c. The seller can sue for damages only in case of breach by the buyer
d. It gives a right to the buyer against the seller to sue for damages
Q. Which one of the following is not the element of draft?
a. It cannot be drawn on private individual
b. It cannot be countermanded easily
c. It is open to the person to stop payment
d. The bank undertakes the liability which it is bound to discharge in whose favor the
Q. The Information Memorandum shall be deemed to be a ______________.
a. Prospectus
b. Articles
c. Memorandum
d. None of the above.