Top 50+ Solved Transfer and Transmission of Shares MCQ Questions Answer

From 1 to 12 of 12

Q. Transfer deed should in Form No.

a. 6 B

b. 5 B

c. 7 B

d. None of these

  • c. 7 B

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

  • a. Transfer

Q. The person who transfer his rights and duties is called __________

a. Transferee

b. Transferor

c. Promisor

d. Promisee

  • b. Transferor

Q. The person to whom the rights and duties are endorsed is called _________

a. Transferee

b. Transferor

c. Endorser

d. Endorsee

  • a. Transferee

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

  • b. Blank transfer

Q. _______ transfer is null and void

a. Forged

b. Blank

c. Both (a) & (b)

d. None of the above

  • a. Forged

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

  • b. Transmission

Q. Transfer is effected by _______

a. Sales

b. Death

c. Insolvency

d. None of the above

  • a. Sales

Q. Transmission is effected by ______

a. Sale

b. Death

c. Insolvency

d. Both (b) & (c)

  • d. Both (b) & (c)

Q. In which of the following stamp duty & consideration not necessary ________

a. Transfer

b. Transmission

c. Both (a) & (b)

d. None of the above

  • b. Transmission

Q. _______ gets all liabilities of original owner

a. Transferor

b. Transferee

c. Endorser

d. Endorsee

  • b. Transferee

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

  • b. By delivery
  • 1 (current)
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