43 COMPANY LAW (Basic) Register For Free Quiz NameEmailPhone Number 1 / 10 1 Partnership is governed by Partnership Act A) 1956 B) 1948 C) 1932 D) 1982 2 / 10 2 Which of the following is not the characteristic of a public company? A) It has a separate legal entity. B) It has a perpetual succession C) It has a common seal and separate property. D) Its shares are non transferable 3 / 10 3 A company being a legal person is also a citizen under the Constitution of India A) True B) False C) Partly True D) Partly False 4 / 10 4 Government company comes under section A) 2(46) B) 2(44) C) 2(43) D) 2(45) 5 / 10 5 Company has ————–succession. A) Longer B) Continued C) Perpetual D) Limited 6 / 10 6 Shares of company are freely transferable. A) Private company B) Public company C) Both (a) & (b) D) None of the above 7 / 10 7 In public company, the members of the company is not less than A) Two B) Seven C) Ten D) Twenty 8 / 10 8 In Private Company, member of the company is not less than A) Seven B) Ten C) Two D) Eight 9 / 10 9 What are the limits of number of members in a Private Company? A) Fifty B) Seven C) Twenty D) Two hundred 10 / 10 10 . Company is managed by A) Shareholders B) Board of Directors C) Karta D) Both(a)&(b) Your score is The average score is 61% LinkedIn Facebook Twitter 0% Restart quiz