Top 50+ Solved Transfer and Transmission of Shares MCQ Questions Answer
From 1 to 12 of 12
Q. _________ is voluntary passage of the rights and duties of member from a share holder.
a. Transfer
b. Transmission
c. Both (a) & (b)
d. None of the above
Q. The person who transfer his rights and duties is called __________
a. Transferee
b. Transferor
c. Promisor
d. Promisee
Q. The person to whom the rights and duties are endorsed is called _________
a. Transferee
b. Transferor
c. Endorser
d. Endorsee
Q. _______ is an instrument of transfer signed by the transferor in which the name & dateare not filled.
a. Forged transfer
b. Blank transfer
c. Both (a) & (b)
d. None of the above
Q. If the ownership of shares goes to another by operation of law is called as _______
a. Transfer
b. Transmission
c. Both (a) & (b)
d. None of the above
Q. In which of the following stamp duty & consideration not necessary ________
a. Transfer
b. Transmission
c. Both (a) & (b)
d. None of the above
Q. _______ gets all liabilities of original owner
a. Transferor
b. Transferee
c. Endorser
d. Endorsee
Q. A share warrant is transferable by _________
a. By Execution of transfer deed
b. By delivery
c. both a) and b)
d. None of the above
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