LIST OF ATTEMPTED QUESTIONS AND ANSWERS BL1
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LIST OF ATTEMPTED QUESTIONS AND ANSWERS BL1 Match The Following Question Correct Answer Your Answer Unascertained goods Generic goods Generic goods Unpaid seller Right of lien on goods Right of lien on goods Future goods Agreement to sell Agreement to sell Identified goods Ascertained goods Ascertained goods Multiple Choice Single Answer Question A condition may be reduced to where goods are Correct Answer Goods are accepted by the buyer Your Answer Goods are accepted by the buyer Multiple Choice Single Answer Question Consideration or object of an agreement is lawful unless it is Correct Answer forbidden by law Your Answer denied by law Multiple Choice Multiple Answer Question A condition is a type of stipulation and has following characteristics Correct Answer It is of the subsidiary character , A breach of it gives the suffered party the one & only one right to repudiate the contract Your Answer It is of fundamental in nature , It directly goes to the root of the contract , A breach of it gives the suffered party the one & only one right to repudiate the contract Multiple Choice Single Answer Question When the property in goods is transferred from the seller to the buyer at once, the contract is called Correct Answer A Sale Your Answer A Sale True/False Question Partners can decide their rights and liabilities in the partnership deed. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Amendments made in the Consumer Protection Act in 1993 are Correct Answer To add "services" relating to housing constructions , To enable filing class action complaints , To impose punishment on the complainant in cases of vexatious complaint. Your Answer To add "services" relating to housing constructions , To enable filing class action complaints , To impose punishment on the complainant in cases of vexatious complaint. Multiple Choice Multiple Answer Question The unpaid seller loses his lien on the goods sold when Correct Answer he delivers the goods to a carrier for the purpose of transmission to buyer and do not reserves the right of disposal of the goods , the seller voluntarily abandons his right of lien on goods Your Answer he delivers the goods to a carrier for the purpose of transmission to buyer and do not reserves the right of disposal of the goods , the seller voluntarily abandons his right of lien on goods Select The Blank Question Issued capital can be defined as the ________ of shares which are offered to the public for subscription. Correct Answer nominal value Your Answer nominal value Select The Blank Question When the notice of stoppage in transit is given by the seller to the ________in possession of goods, the latter must re-deliver the goods to the seller. Correct Answer Carrier Your Answer Buyer Multiple Choice Multiple Answer Question The modes of termination of agency are Correct Answer By completion of the agency business , By death of principal , By expiry of period or time Your Answer By completion of the agency business , By death of principal , By expiry of period or time Multiple Choice Multiple Answer Question Goods Means Correct Answer Debentures , Stocks & shares Your Answer Actionable claims , Debentures Multiple Choice Single Answer Question The goods which are identified and agreed upon at the time of a contract of sale is made: Correct Answer Specific goods Your Answer Specific goods Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to Correct Answer Admit any liability in a suit or proceedings against the firm , Transfer movable property belonging to the firm , Withdraw a suit or proceeding filed on behalf of the firm Your Answer Acquire movable property on behalf of the firm , Transfer movable property belonging to the firm Multiple Choice Single Answer Question The parties of the contract should be major in age according to Correct Answer The law to which they are subject Your Answer The law to which they are subject Multiple Choice Multiple Answer Question Following persons can not be called partners Correct Answer minors , insolvents , co-owners without the agreement to carry on the business Your Answer minors , insolvents , co-owners without the agreement to carry on the business True/False Question Alteration of memorandum or articles etc. to be noted in every copy. Correct Answer True Your Answer True True/False Question The company law board may, at any time, by order, extend the time for the filing of documents. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The unpaid seller has following rights against the buyer personally Correct Answer suit for interest , repudiation of contract Your Answer suit for interest , repudiation of contract Multiple Choice Multiple Answer Question In the Conditional endorsement Correct Answer the liability of the endorser is limited , the liability of the endorser is negative , Endorser's liability can be made dependent upon contingency Your Answer the liability of the endorser is limited , the liability of the endorser is negative Multiple Choice Multiple Answer Question The companies having Articles are Correct Answer Unlimited Company , Company limited by guarantee , Company limited by shares Your Answer Public Limited Company , Company limited by shares Multiple Choice Multiple Answer Question Following are the conditions needed to prove an act of a partner is an act of a partnership firm Correct Answer such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm , act must have been done in the name and on behalf of the firm Your Answer act done in personal capacity , it must be related to the business of the firm , act must have been done in the name and on behalf of the firm Select The Blank Question The company does not possess ________ still it is a person in the eyes of law. Correct Answer fundamental rights Your Answer statutory rights True/False Question Mental acceptance amounts to an acceptance. Correct Answer False Your Answer False Multiple Choice Single Answer Question The holder of Negotiable Instrument has a right to Correct Answer sue for recovery Your Answer sue for recovery Multiple Choice Multiple Answer Question The unpaid seller has following rights against the goods Correct Answer stoppage in transit , withholding the delivery of goods Your Answer stoppage in transit , withholding the delivery of goods True/False Question Any user of the goods with the approval of the person who has purchased the goods for consideration is also a consumer. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Minor Partner Admitted for profits only Admitted for profits only Dissolution of a Partnership Death or Insanity of the partners Death or Insanity of the partners Firm Partners Partners Partner Agents of the firm Agents of the firm Partnership Can be formed at Will Can be formed at Will Multiple Choice Multiple Answer Question There can not be any partnership where a business is carried on Correct Answer with a benevolent purpose , where any one of the partners is entitled to total profit earned Your Answer with a benevolent purpose , where any one of the partners is entitled to total profit earned Multiple Choice Multiple Answer Question The Exception to the rule of "buyer beware" are Correct Answer usage by trade , sale of goods by description , consent by fraud Your Answer usage by trade , sale of goods by description , consent by fraud Select The Blank Question Issued capital can be defined as the ________ of shares which are offered to the public for subscription. Correct Answer nominal value Your Answer nominal value Select The Blank Question The property in the Negotiable Instrument passes from one person to another person by ________ delivery. Correct Answer Mere/ Simple Your Answer Mere/ Simple Multiple Choice Single Answer Question When an agent has the authority to do all acts connected with the business or trade of his principal, he is known as Correct Answer a general agent Your Answer a general agent Select The Blank Question The act done by the agent with the permission and on behalf of the principal is ________ on the principal. Correct Answer binding Your Answer binding Multiple Choice Multiple Answer Question A partner is called as an outgoing partner by Correct Answer retirement , death , expulsion Your Answer retirement , death , expulsion Multiple Choice Multiple Answer Question According to Rule 3 of the Consumer protection rules the Central Council consists of the following members Correct Answer Minister in-charge of the dept. of home , Minister in-charge of dept. of Commerce and Industry , Minister in-charge consumer affairs in states Your Answer Minister in-charge of dept. of civil supplies , Minister in-charge consumer affairs in states Multiple Choice Single Answer Question If there is a breach of a condition, a buyer has the right to Correct Answer Repudiate the contract Your Answer Repudiate the contract Select The Blank Question Unpaid seller's right to stop the goods in transit arises only when the buyer is ________ Correct Answer Bankrupt Your Answer Bailee Multiple Choice Single Answer Question For the formation of the contract of sale of goods, there should be Correct Answer Two parties Your Answer Two parties True/False Question Ratification can be only for a part of the act of the agent. Correct Answer False Your Answer True True/False Question In a contract of sale goods can be exchanged for goods. Correct Answer False Your Answer False Select The Blank Question A partner has a right to settle the ________ of the firm out of the property of the firm. Correct Answer debts Your Answer debts Multiple Choice Single Answer Question Consumer Dispute Redressal Forum is a District Forum established by Correct Answer the State Govt. in each District of the State by Notification Your Answer the State Govt. in each District of the State by Notification Multiple Choice Multiple Answer Question The very important stages in the connection of formation of a company are Correct Answer Promotion , Registration , Floatation Your Answer Promotion , Registration , Floatation True/False Question Existing goods are those goods, which are owned and possessed by the seller at the time of sale. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Following are the elements which constitute a partnership Correct Answer there must be a contract regarding a partnership , there must be an association of two or more persons Your Answer there must be a contract regarding a partnership , there must be an association of two or more persons True/False Question Goods which become ascertained subsequent to the formation of the contract of sale are Ascertained Goods. Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS BL2 Match The Following Question Correct Answer Your Answer Fact and Law The types of "Mistake" The types of "Mistake" An order of the court asking a person to do or abstain from doing a particular act, which is the subject matter of the contract Injuction Order Injuction Order The Indian Contract Act, 1872 applies to whole of India except the state of Jammu and Kashmir Applicability Applicability An agreement enforceable by law Contract Contract Multiple Choice Multiple Answer Question Following are the persons who cannot enter into partnership firm Correct Answer A Burmese Buddhist husband and wife carrying on business , the members of Hindu Undivided Family carrying on Family business Your Answer A Burmese Buddhist husband and wife carrying on business , the members of Hindu Undivided Family carrying on Family business Multiple Choice Single Answer Question When the goods are very bulky in nature then they are delivered in a Correct Answer symbolic manner Your Answer symbolic manner Multiple Choice Multiple Answer Question The order of the Commission can be set aside by Correct Answer The Supreme Court , The National Commission Your Answer The National Commission , State Council District Forum Match The Following Question Correct Answer Your Answer Agent appointed for a special task Special Agent Special Agent Agency created by conduct of the parties Implied Agency Implied Agency Agency created by words, spoken, or written Express authority Express authority Essentials of valid ratification Existence of principal Existence of principal Select The Blank Question Members of a club or a society are the ________ of each other. Correct Answer friends Your Answer agents Multiple Choice Single Answer Question In a sale if the seller becomes insolvent after a contract of sale & the buyer has paid the price, the buyer can claim the goods from the official Correct Answer Assignee Your Answer Assignee Multiple Choice Multiple Answer Question There are certain limitations to the principle of ratification which are Correct Answer where the principal does not have full knowledge at the fact , where the act to be ratified is illegal or void , where the ratification is not done within a reasonable time Your Answer where the principal does not have full knowledge at the fact , where the act to be ratified is illegal or void , where the ratification is not done within a reasonable time Multiple Choice Multiple Answer Question The State Council consists of the following members Correct Answer Minister in-charge of consumer affairs in the State Govt. , Members representing such interests as may be prescribed by the State Govt. Your Answer Minister in-charge of consumer affairs in the State Govt. , Minister in-charge of consumer affairs in the Central Govt. , Members representing such interests as may be prescribed by the State Govt. Select The Blank Question An offer, to be treated as a valid offer, should be ________. Correct Answer communicated Your Answer communicated Select The Blank Question Notice of dishonour of cheque must be ________ Correct Answer within a reasonable time Your Answer at any time Multiple Choice Single Answer Question A partnership at will can be dissolved by filing a suit for Correct Answer Dissolution Your Answer Dissolution Multiple Choice Multiple Answer Question Following are the circumstances under which an offer lapses Correct Answer offeree makes conditional offer , offeree fails to communicate the acceptance Your Answer offeree makes conditional offer , acceptor comes to know about the death of the proposer , offeree fails to communicate the acceptance True/False Question An agency cannot be terminated at all. In other words a contract of agency is perpetual. Correct Answer False Your Answer False Select The Blank Question The object of the Consumer Protection Act of 1986 is to educate the people so that they can find out ________ for their grievances Correct Answer legal remedies Your Answer legal remedies Select The Blank Question The ________ of 1986 is basically passed to protect the interest of the consumer. Correct Answer Consumer Protection Act Your Answer Consumer Protection Act Multiple Choice Multiple Answer Question Negotiable Instruments recognized by usage are Correct Answer Hundies , S.T. Receipts for goods , Pay off Orders Your Answer Hundies , S.T. Receipts for goods , Pay off Orders Multiple Choice Single Answer Question In an agreement to sell the seller is responsible for all the risk of loss as he is the Correct Answer Owner Your Answer Owner Select The Blank Question A ________ is an artificial person and has a legal entity. Correct Answer Company Your Answer Partner Multiple Choice Single Answer Question Which of the following is not a void agreement Correct Answer agreement of marriage Your Answer agreement of marriage True/False Question An intention to create legal relations is one of the most important criterions to establish a contract. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to Correct Answer acquire movable property on behalf of the firm , transfer movable property belonging to the firm Your Answer admit any liability in a suit or proceedings against the firm , withdraw a suit or proceeding filed on behalf of the firm Multiple Choice Multiple Answer Question The particular partnership automatically comes to an end Correct Answer on the completion of the venture , at the expiry of the fixed term Your Answer on the completion of the venture , at the expiry of the fixed term Multiple Choice Multiple Answer Question Following are the characteristics of partnership at will Correct Answer partners are always free to break their relationship at their whim , it is for indefinite period Your Answer partners are always free to break their relationship at their whim , it is for indefinite period Select The Blank Question A firm is a name given to the partners ________ Correct Answer collectively Your Answer collectively True/False Question District Forum enjoys Revisional jurisdiction. Correct Answer False Your Answer True True/False Question Companies can be registered with undesirable names. Correct Answer False Your Answer False True/False Question A person who merely gives an advice to another person in matters of business, does not thereby becomes his agent. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question An unregistered firm can institute a suit against Correct Answer wrongful use of the trade mark , wrongful use of the firm name Your Answer the partner for settlement of firm's account , the partner for any claim of set-off Multiple Choice Multiple Answer Question The three ingredients in the performance of a contract of sale by the seller are Correct Answer Transfer of property in goods , The passing of the risk , Delivery of goods Your Answer Transfer of property in goods , The passing of the risk , Delivery of goods True/False Question Consideration can not be a past consideration. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question A company may, by special resolution, alter the provisions of its memorandum so as to change the objects of the company so far as may be required to enable it Correct Answer Carry on its business more economically , Amalgamate with any other company , Attain its main purpose by new or improved means Your Answer Carry on its business more economically , Amalgamate with any other company , Attain its main purpose by new or improved means True/False Question Companies can be registered with undesirable names. Correct Answer False Your Answer False Multiple Choice Single Answer Question The maximum number of persons in case of partnership firm carrying on any business other than banking business must not exceed Correct Answer Twenty Your Answer Twenty True/False Question An agreement to sell takes place in the case of existing goods or specific goods. Correct Answer False Your Answer False True/False Question Specific goods are those which are identified and agreed upon at the time of a contract of sale is made. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question If the principal comes to know that the agent has dishonestly concealed from him any material fact, the principal Correct Answer can repudiate the transaction , may affirm such transaction , may claim damages for loss Your Answer can repudiate the transaction , may affirm such transaction , may claim damages for loss Multiple Choice Multiple Answer Question There is always a direct privity of contract between the principal and the following Correct Answer substituted agent , co-agent , general agent Your Answer substituted agent Select The Blank Question A company is a ________ company if the holding company controls the majority composition of its board of directors. Correct Answer subsidiary Your Answer subsidiary Multiple Choice Single Answer Question People purchasing the commodities for the purpose of trading is Correct Answer trader Your Answer trader Multiple Choice Single Answer Question A Company is created by Correct Answer Law Your Answer Law Multiple Choice Multiple Answer Question An unregistered firm can bring an action in any court of Law against Correct Answer a partner who steals the property of the partnership firm , a partner who purposely damages the property of the partnership firm Your Answer a partner who steals the property of the partnership firm , a partner who purposely damages the property of the partnership firm , a partner who wrongfully deals with the assets of the firm Multiple Choice Single Answer Question The relation of partnership arises from Correct Answer contract Your Answer contract True/False Question The law relating to sale of immovable goods is contained in the Sale of Goods Act, 1930. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Following are the agencies of a three tier system of consumer disputes redressal agencies Correct Answer State commission , National commission , District Forum Your Answer State commission , National commission , District Forum Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to Correct Answer Acquire movable property on behalf of the firm , transfer movable property belonging to the firm Your Answer admit any liability in a suit or proceedings against the firm , enter into partnership on behalf of the firm Multiple Choice Single Answer Question When an offer is made to world-at-large, the contract is Correct Answer made with the person who signs or performs the terms and conditions of the offer Your Answer made with the person who signs or performs the terms and conditions of the offer LIST OF ATTEMPTED QUESTIONS AND ANSWERS BL3 Select The Blank Question All illegal agreements are ________ but all void agreements are not illegal. Correct Answer void Your Answer void Select The Blank Question The essential point about an agent's position is his ________ of making his principal answerable to third parties. Correct Answer authority Your Answer authority Multiple Choice Single Answer Question Under the Indian Contract Act a person of sound mind is the one capable of Correct Answer Understanding the agreement, he is involved in Your Answer Understanding the agreement, he is involved in True/False Question The law relating to sale of immovable goods is contained in the Sale of Goods Act, 1930. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Amendments made in the Consumer Protection Act in 2002: inclusion of services availed for commercial purposes from the purview of the consumer dispute redressal agencies Correct Answer Provision for substitution of legal heir or representative as a party to the complainant in the event of the death of the opposite party , Provision for recovery of amounts ordered to be paid by consumer redressal agencies as arrears of land revenue , Provision for charging of fee in respect of complaints filed before the consumer redressal agencies Your Answer Provision for substitution of legal heir or representative as a party to the complainant in the event of the death of the opposite party , Provision for recovery of amounts ordered to be paid by consumer redressal agencies as arrears of land revenue , Provision for charging of fee in respect of complaints filed before the consumer redressal agencies Multiple Choice Multiple Answer Question Amendments made in the Consumer Protection Act in 1993: Correct Answer to add “services” relating to housing constructions , to enable filing class action complaints , to impose punishment on the complainant in cases of vexatious complaint Your Answer to add “services” relating to housing constructions , to enable filing class action complaints , to impose punishment on the complainant in cases of vexatious complaint Multiple Choice Single Answer Question The term of Central Protection Council is Correct Answer Three years Your Answer Three years Multiple Choice Multiple Answer Question A minor admitted to the benefits of partnership is Correct Answer entitled for the profits of agreed upon , not personally liable for any act of firm , not entitled to sue partners for account Your Answer entitled for the profits of agreed upon , not personally liable for any act of firm , not entitled to sue partners for account Multiple Choice Multiple Answer Question According to the Consumer Protection Act, 1986, a service includes Correct Answer Financial service , Entertainment Your Answer Financial service , Entertainment Select The Blank Question According to Salmond and ________, a promise without consideration is a gift and one made with consideration is a bargain. Correct Answer Winfield Your Answer Winfield Multiple Choice Multiple Answer Question Following persons cannot become a partners Correct Answer Corporation , an alien enemy with an Indian subject , company Your Answer an alien enemy with an Indian subject , an alien friend with an Indian subject True/False Question There are two types or kinds of capital of a company, i.e. owned capital and borrowed capital. Correct Answer True Your Answer False Select The Blank Question As per S.2(1) (f) of the Consumer Protection Act, defect means any ________ in the quality of goods Correct Answer shortcoming Your Answer shortcoming Select The Blank Question When the certificate of incorporation is obtained, the promoters and directors of a ________ company invite the public to subscribe to its shares. Correct Answer public Your Answer public Multiple Choice Single Answer Question A Company is created by Correct Answer Law Your Answer Law Multiple Choice Single Answer Question To be deemed as an unpaid seller the seller must Correct Answer have sold the goods against cash and the price must be due Your Answer have sold the goods against cash and the price must be due True/False Question General agents are the persons who enjoy a general authority to do everything in the course of their agency. Correct Answer True Your Answer True Multiple Choice Single Answer Question Misrepresentation means and includes Correct Answer positive assertion of that which is not true Your Answer undue influence on parties Multiple Choice Multiple Answer Question A Consumer has following rights: Correct Answer Education about the availability of legal remedies , seek redreesal against unfair trade practices , right to be informed quality, quantity, potency, purity, standard and price of goods Your Answer Education about the availability of legal remedies , seek redreesal against unfair trade practices , right to be informed quality, quantity, potency, purity, standard and price of goods Multiple Choice Multiple Answer Question A company is registered as an artificial person. It has no Correct Answer Body , Soul , Conscience Your Answer Body , Soul , Conscience Select The Blank Question Special resolution and confirmation by ________is required for alteration of Memorandum. Correct Answer Company Law Board Your Answer Company Law Board Match The Following Question Correct Answer Your Answer Cannot enter into partnership Two partnership firms Two partnership firms Giving due notice Dissolves partnership at will Dissolves partnership at will Partnership Deed Domicile of partnership firm Domicile of partnership firm Not mandatory Registration of partnership Registration of partnership Partnership firm Can be sued in its own name Can be sued in its own name True/False Question The provisions of sale of goods were previously included in the Indian Contract Act, 1872. Correct Answer True Your Answer True True/False Question A company is created by law and not by natural birth. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Advantage of crossing the Cheque Correct Answer To reduce the risk of unauthorized person to get the payment of such Cheque. , To safeguard the interest of bonafide holder of the cheque Your Answer To reduce the risk of unauthorized person to get the payment of such Cheque. , To safeguard the interest of bonafide holder of the cheque True/False Question A trader is a middle man bringing the buyer and seller together and receiving any commission for services rendered by him. Correct Answer False Your Answer True True/False Question There are two types or kinds of capital of a company, i.e. owned capital and borrowed capital. Correct Answer True Your Answer False Select The Blank Question An agent is simply blank a ________ between his principal and the third party. Correct Answer connecting link Your Answer connecting link Multiple Choice Multiple Answer Question Certain effects of the insolvency of a partner are as follows Correct Answer An insolvent partner ceases to be a partner , The partnership firm dissolve on the insolvency of any partner Your Answer An insolvent partner ceases to be a partner , Firm is held liable for any acts of insolvent after the adjudication Multiple Choice Multiple Answer Question The partner who is illegally expelled Correct Answer can claim re-instatement , can sue the firm for the refund of his share in the profits as well as profits Your Answer can claim re-instatement , can sue the firm for the refund of his share in the profits as well as profits Select The Blank Question A proposal comes to an end by its ________. Correct Answer rejection Your Answer rejection Multiple Choice Multiple Answer Question Classification of companies based on the jurisdiction of functioning Correct Answer A National Company , Multinational Company , Foreign Company Your Answer A National Company , Multinational Company , Foreign Company Multiple Choice Multiple Answer Question In a sale if the seller becomes insolvent after a contract of sale and the buyer has paid the price, the buyer can claim the goods from the Correct Answer Official Assignee , Receiver Your Answer Official Assignee , Receiver Multiple Choice Single Answer Question Which of the following is not a void agreement ? Correct Answer agreements relating to legal proceedings Your Answer agreements relating to legal proceedings True/False Question The maximum number of persons in the case of a partnership firm carrying on banking business must not exceed twenty. Correct Answer False Your Answer False Multiple Choice Single Answer Question The feature of the Contingent Contracts is that they Correct Answer depend upon the circumstances, which makes them valid or void Your Answer depend upon the circumstances, which makes them valid or void Multiple Choice Multiple Answer Question The purpose of not Negotiable crossing Correct Answer to provide protection to the drawer of a cheque against loss or theft in the course of transit as well as dishonesty. , To safeguard the interest of bonafide holder of the cheque Your Answer to provide protection to the drawer of a cheque against loss or theft in the course of transit as well as dishonesty. , To safeguard the interest of bonafide holder of the cheque Multiple Choice Multiple Answer Question No company shall be registered by name which has a name which is identical with Correct Answer The name by which a company is in existence , A registered trade mark , A trade mark which is subject of an application for registration Your Answer The name by which a company is in existence , A registered trade mark , A trade mark which is subject of an application for registration True/False Question Copies of memorandum and articles shall not be given to members. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Following are the conditions needed to prove that an act of a partner is an act of a partnership firm Correct Answer an act be done in an ordinary course of business of a partnership firm , It must be related to the business of the firm , Act must have been done in the name and on behalf of the firm Your Answer It must be related to the business of the firm , Act must have been done in the name and on behalf of the firm Multiple Choice Single Answer Question Competent parties means parties should be Correct Answer major in age Your Answer in majority Select The Blank Question When the notice of stoppage in transit is given by the seller to the ________in possession of goods, the latter must re-deliver the goods to the seller. Correct Answer Carrier Your Answer Carrier True/False Question Special agent and Particular agent mean one and the same thing. Correct Answer True Your Answer True Multiple Choice Single Answer Question The essence of contract of sale is Correct Answer sale of goods Your Answer sale of goods Select The Blank Question The person who buys the goods for trading purposes is not a ________ under the Consumer Protection Act, 1986. Correct Answer consumer Your Answer consumer Multiple Choice Multiple Answer Question Every Prospectus shall state the matters specified in part I of schedule II of the Companies Act issued by Correct Answer Or on behalf of a company , Or on behalf of any person engaged in formation of company , Or on behalf of any person interested in formation of company Your Answer Or on behalf of a company , Or on behalf of any person engaged in formation of company , Or on behalf of any person interested in formation of company Match The Following Question Correct Answer Your Answer Unlawful Business Dissolution of Partnership Dissolution of Partnership Sub-partner Sharing of profits by outsiders Sharing of profits by outsiders Partnership Association of two or more persons Association of two or more persons Partners have to be Competent Competent Partner lending his name only Nominal partner Nominal partner LIST OF ATTEMPTED QUESTIONS AND ANSWERS KBL1 True/False Question A Cheque is a Bill of Exchange. Correct Answer True Your Answer True Select The Blank Question One man holds practically the ________ of the share capital of the one man company. Correct Answer whole Your Answer whole Multiple Choice Multiple Answer Question Following are the elements which constitute a partnership Correct Answer there must be a contract regarding a partnership , there must be an association of two or more persons Your Answer there must be a contract regarding a partnership , there must be an association of two or more persons Multiple Choice Multiple Answer Question Limited companies can be formed for promoting Correct Answer Commerce , Art , Religion Your Answer Commerce , Art , Religion Select The Blank Question There should be a ________ and real necessity for creating an agency. Correct Answer definite Your Answer definite Select The Blank Question The presumptions laid by Sec.118 & 119 of Negotiable Instrument Act do not arise where negotiable instrument is obtained by ________ Correct Answer Fraud/Deceit Your Answer Lawful Considerations Multiple Choice Multiple Answer Question Following are the conditions needed to prove an act of a partner is an act of a partnership firm Correct Answer such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm , act must have been done in the name and on behalf of the firm Your Answer such a act be done in a ordinary course of a partnership firm , it must be related to the business of the firm , act must have been done in the name and on behalf of the firm Match The Following Question Correct Answer Your Answer Fact and Law The types of "Mistake" The types of "Mistake" An order of the court asking a person to do or abstain from doing a particular act, which is the subject matter of the contract Injuction Order Injuction Order The Indian Contract Act, 1872 applies to whole of India except the state of Jammu and Kashmir Applicability Applicability An agreement enforceable by law Contract Contract Multiple Choice Single Answer Question The goods, which are owned and possessed by the seller at the time of sale, are known as Correct Answer Existing goods/Specific goods Your Answer Existing goods/Specific goods True/False Question Alteration of memorandum or articles etc. to be noted in every copy. Correct Answer True Your Answer True True/False Question The provisions of sale of goods were previously included in the Indian Contract Act, 1872. Correct Answer True Your Answer True Select The Blank Question The directors of a company have to file their consent with the ________ to act as director. Correct Answer registrar Your Answer registrar True/False Question Copies of memorandum and articles shall not be given to members. Correct Answer False Your Answer False Multiple Choice Single Answer Question For obtaining recognition as an 'Appropriate Laboratory", the applicant shall send an application in the proforma prescribed by the Correct Answer Bureau of Indian Standard Your Answer Bureau of Indian Standard Multiple Choice Multiple Answer Question Articles of Association contains Correct Answer Regulations of the company , Internal affairs of the company , Conduct of company's business Your Answer Regulations of the company , Internal affairs of the company , Conduct of company's business Multiple Choice Single Answer Question An Association of many persons who contribute money or money's worth to a common stock and employ it for a common purpose. It is known as a Correct Answer Company Your Answer Partnership Business Multiple Choice Single Answer Question In case of damages to the goods by a third party, only Correct Answer owner can take action Your Answer owner can take action Match The Following Question Correct Answer Your Answer Minor's Agreement Void ab initio Void ab initio Threatning to commit Coercion Coercion Consideration Past, Present and Future Past, Present and Future Mistake Fact and Law Fact and Law Multiple Choice Multiple Answer Question There can not be any partnership where a business is carried on Correct Answer with a benevolent purpose , where any one of the partners is entitled to total profit earned Your Answer to earn profitto earn profit , to sharing profits equally , where any one of the partners is entitled to total profit earned Multiple Choice Multiple Answer Question An unregistered firm can institute a suit against Correct Answer wrongful use of the trade mark , wrongful use of the firm name Your Answer wrongful use of the trade mark , wrongful use of the firm name , the partner for settlement of firm's account Multiple Choice Multiple Answer Question Following persons can not be called partners Correct Answer minors , insolvents , co-owners without the agreement to carry on the business Your Answer minors , insolvents , co-owners without the agreement to carry on the business Multiple Choice Multiple Answer Question An unregistered firm can bring an action in any court of Law against Correct Answer a partner who steals the property of the partnership firm , a partner who purposely damages the property of the partnership firm Your Answer a partner who steals the property of the partnership firm , a partner who purposely damages the property of the partnership firm , a partner who wrongfully deals with the assets of the firm Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to Correct Answer acquire movable property on behalf of the firm , transfer movable property belonging to the firm Your Answer admit any liability in a suit or proceedings against the firm , transfer movable property belonging to the firm , withdraw a suit or proceeding filed on behalf of the firm Multiple Choice Multiple Answer Question The following types of companies are required to have their own articles Correct Answer Unlimited companies , Companies limited by guarantee , Private companies limited by shares Your Answer Companies limited by guarantee , Private companies limited by shares , Holding company Multiple Choice Multiple Answer Question In the absence of usage or custom of trade to the contrary, the implied authority of a partner does not empower him to Correct Answer Acquire movable property on behalf of the firm , transfer movable property belonging to the firm Your Answer admit any liability in a suit or proceedings against the firm , transfer movable property belonging to the firm , enter into partnership on behalf of the firm True/False Question The company law board may, at any time, by order, extend the time for the filing of documents. Correct Answer True Your Answer True Select The Blank Question Mistake regarding the ________ or the terms and conditions of the contract is a Mistake of the fact. Correct Answer subject matter Your Answer validity True/False Question The writing of "Not Negotiable" is one and the same thing as that of special crossing. Correct Answer False Your Answer True Multiple Choice Single Answer Question The seller can file a suit against the buyer for the price of goods only after Correct Answer the property in goods is transferred to the buyer Your Answer the property in goods is transferred to the buyer Multiple Choice Single Answer Question If there is a breach of condition, a buyer has an option to claim Correct Answer Damages Your Answer Damages True/False Question The legal heir or representative of a dead consumer is given the right to become the complainant. Correct Answer True Your Answer True Select The Blank Question According to Prof. Hanney, "Partnership is the relating existing between persons competent to make contracts who agree to carry on a ________" Correct Answer Lawful business is common with a view to private gain Your Answer Lawful business is common with a view to private gain True/False Question The subscriber of the memorandum of a company on its registration shall be entered in its register of members as member. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The ingredients of the proposal are Correct Answer communication by one to another , to do or to abstain from doing something , the object should be to take assent of another Your Answer communication by one to another , to do or to abstain from doing something , the object should be to take assent of another Select The Blank Question Every promise and every set of promises, forming the consideration for each other, is an ________. Correct Answer agreement Your Answer agreement Multiple Choice Multiple Answer Question A company is a legal personality and as such it can Correct Answer Own its property in its own name , Enjoy its property in its own name , Dispose of its property in its own name Your Answer Jointly own property with shareholders , Own its property in its own name , Enjoy its property in its own name True/False Question Existing goods are those goods, which are owned and possessed by the seller at the time of sale. Correct Answer True Your Answer True Multiple Choice Single Answer Question A stipulation in a contract of sale with reference to goods which are subject there of may be Correct Answer A condition or warranty Your Answer A condition or warranty Multiple Choice Single Answer Question Negotiable Instrument can be drawn or accepted by duly authorised agent on behalf of Correct Answer principle Your Answer principle Select The Blank Question Special resolution and confirmation by ________is required for alteration of Memorandum. Correct Answer Company Law Board Your Answer Company Law Board Multiple Choice Single Answer Question Existing may be further classified as Correct Answer Specific goods Your Answer Specific goods Multiple Choice Single Answer Question Unpaid seller's right to stop the goods in transit arises only when the buyer becomes Correct Answer insolvent Your Answer insolvent Multiple Choice Multiple Answer Question Following are the agencies of a three tier system of consumer disputes redressal agencies Correct Answer State commission , National commission , District Forum Your Answer State commission , National commission , District Forum Select The Blank Question Agents are ________ to act within the scope of the authority given. Correct Answer authorised Your Answer authorised Select The Blank Question Articles are ________ to and controlled by the memorandum. Correct Answer subordinate Your Answer subordinate Multiple Choice Multiple Answer Question Following persons can perform the contracts Correct Answer promissor , agent , legal representative Your Answer promissor , agent , legal representative Multiple Choice Multiple Answer Question A proposal Correct Answer may be revoked at any time , may be revoked before the communication of acceptance is complete , should be complete against the proposer Your Answer may be revoked at any time , may be revoked before the communication of acceptance is complete , should be complete against the proposee LIST OF ATTEMPTED QUESTIONS AND ANSWERS KBL2 True/False Question Partnership is nothing but a psychological relationship existing between the partners. Correct Answer False Your Answer False Select The Blank Question The ________ of 1986 is basically passed to protect the interest of the consumer. Correct Answer Consumer Protection Act Your Answer Consumer Protection Act Multiple Choice Multiple Answer Question Partners by Estoppel or holding out are also called as Correct Answer quasi-partner , nominal partner Your Answer quasi-partner , nominal partner Multiple Choice Single Answer Question Partnership at will is a partnership Correct Answer for an indefinite period Your Answer for a definite period True/False Question Goods which become ascertained subsequent to the formation of the contract of sale are Ascertained Goods. Correct Answer True Your Answer True Select The Blank Question Future consideration is also known as ________ consideration. Correct Answer executory Your Answer executory Multiple Choice Multiple Answer Question A partner is called as an outgoing partner by Correct Answer retirement , death , expulsion Your Answer retirement , death , expulsion True/False Question A Promissory Note contains conditional undertaking to pay a certain sum of money. Correct Answer False Your Answer False Select The Blank Question The person acting as an agent on behalf of the principal should act ________. Correct Answer honestly Your Answer definitely Multiple Choice Multiple Answer Question A transfer by a partner of his interest in the firm, does not entitle the transferee, during the continuance of the firm Correct Answer to inspect the books of the firm , to require accounts , to interfere in the conduct of a business of a firm Your Answer to inspect the books of the firm , to require accounts , to interfere in the conduct of a business of a firm Multiple Choice Single Answer Question Section 138 deals with Correct Answer dishonour of cheque Your Answer dishonour of cheque Select The Blank Question Unpaid seller's right to stop the goods in transit arises only when the buyer is ________ Correct Answer Bankrupt Your Answer Bankrupt Multiple Choice Multiple Answer Question The memorandum of Association is the most important document, it acts out Correct Answer The constitution , The formation , The objectives Your Answer The constitution , The formation , The objectives True/False Question The memorandum and articles shall, when registered, do not bind the company and the members thereof. Correct Answer False Your Answer False True/False Question No consideration is required in formal contracts. Correct Answer True Your Answer False Multiple Choice Single Answer Question Following is an implied condition Correct Answer Condition as to title Your Answer Condition as to contingency Multiple Choice Multiple Answer Question Public notice is required to be given Correct Answer on the dissolution of a firm which is registered , on the retirement of any of the partner of a registered firm Your Answer on the dissolution of a firm which is registered , on the retirement of any of the partner of a registered firm Multiple Choice Multiple Answer Question The liability of companies on the basis of liability are Correct Answer Unlimited companies , Limited by guarantee , Limited by shares Your Answer Unlimited companies , Limited by guarantee , Limited by shares Multiple Choice Single Answer Question A condition may be reduced to where goods are Correct Answer Goods are accepted by the buyer Your Answer Goods are accepted by the buyer Multiple Choice Single Answer Question In case of a public limited company, the maximum number is no limit, but the minimum is fixed at Correct Answer 7 Your Answer 7 Match The Following Question Correct Answer Your Answer Unlawful Business Dissolution of Partnership Dissolution of Partnership Sub-partner Sharing of profits by outsiders Sharing of profits by outsiders Partnership Association of two or more persons Association of two or more persons Partners have to be Competent Competent Partner lending his name only Nominal partner Nominal partner Select The Blank Question According to Salmond and ________, a promise without consideration is a gift and one made with consideration is a bargain. Correct Answer Winfield Your Answer Winfield Select The Blank Question One of the two kinds of presentment of an Instrument is by ________ Correct Answer Payment Your Answer Payment True/False Question The Act is passed merely to settle the disputes of commercial transactions. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question A Company shall, on being so required by a member, send to him a copy of following documents Correct Answer The Memorandum , The articles , Every other agreement Your Answer The Memorandum , The articles , Share of profits Multiple Choice Single Answer Question Memorandum of a public company must be signed by Correct Answer Seven persons Your Answer Five persons Select The Blank Question Articles are ________ to and controlled by the memorandum. Correct Answer subordinate Your Answer subordinate Multiple Choice Multiple Answer Question The following types of companies are required to have their own articles Correct Answer Unlimited companies , Companies limited by guarantee , Private companies limited by shares Your Answer Unlimited companies , Companies limited by guarantee , Private companies limited by shares Multiple Choice Multiple Answer Question The Articles of Association are subsidiary to Correct Answer Companies Act , Memorandum of Association Your Answer Companies Act , Certificate of Registration , Memorandum of Association Multiple Choice Single Answer Question A breach of a condition may be treated as breach of Correct Answer Warranty Your Answer Warranty Multiple Choice Multiple Answer Question The memorandum of every company shall state Correct Answer The name of the company , The registered office , The main objects Your Answer The name of the company , The registered office , The main objects Select The Blank Question Unfair trade practice includes a representation made to public in a form that purpots to be a ________ of a product. Correct Answer warranty Your Answer shortcoming Multiple Choice Multiple Answer Question A person is considered the holder of Negotiable Instruments if Correct Answer his name appear on an instrument , he is in possession of bearer instrument , he is the endorses of a cheque Your Answer his name appear on an instrument , he is in possession of bearer instrument , he is the endorses of a cheque Multiple Choice Multiple Answer Question The rights of the partners are Correct Answer right to retire , right to be indemnified , right not to be expelled Your Answer right to retire , right to be indemnified , right not to be expelled Multiple Choice Single Answer Question A Company after its registration, possesses Correct Answer Legal entity Your Answer Legal entity Select The Blank Question Issued capital can be defined as the ________ of shares which are offered to the public for subscription. Correct Answer nominal value Your Answer nominal value Select The Blank Question A company is a ________ company if the holding company controls the majority composition of its board of directors. Correct Answer subsidiary Your Answer subsidiary Match The Following Question Correct Answer Your Answer Penalty for false particulars Imprisonment for three months Imprisonment for three months Partnership deed Name, Place, Date Name, Place, Date A statement in prescribed form and accompanied by fees Required for registration Required for registration The registrar of firms To rectify any mistake To rectify any mistake Select The Blank Question In ________ contract, all the parties perform their promise. Correct Answer an executed Your Answer an executed Multiple Choice Multiple Answer Question Following agreements are opposed to public policy Correct Answer agreement to commit crime , agreements interfering with an administration of justice Your Answer agreement to commit crime , agreement by way of maintenance and champerty , agreements interfering with an administration of justice True/False Question Memorandum is adopted to control internal operations of the company. Correct Answer False Your Answer True True/False Question Under the Consumer Protection Act of 1986, goods include actionable claim and money. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The companies having Articles are Correct Answer Unlimited Company , Company limited by guarantee , Company limited by shares Your Answer Unlimited Company , Company limited by guarantee , Company limited by shares Multiple Choice Multiple Answer Question The partner who is illegally expelled Correct Answer can claim re-instatement , can sue the firm for the refund of his share in the profits as well as profits Your Answer can claim re-instatement , can sue the firm for the refund of his share in the profits as well as profits Multiple Choice Single Answer Question A company can sue and also be sued by Correct Answer In its corporate name Your Answer Any third person True/False Question Persons who have entered into partnership with one another are called individually partners and they are collectively "a firm" Correct Answer True Your Answer True Multiple Choice Single Answer Question In contract of sale the buyer becomes Correct Answer Absolute owner of the property Your Answer Symbolic owner of the property LIST OF ATTEMPTED QUESTIONS AND ANSWERS KBL3 Multiple Choice Multiple Answer Question Consent is free when it is not caused by Correct Answer Undue influence , Fraud , Mistake Your Answer Undue influence , Fraud , Mistake Select The Blank Question A Company subject to the provisions of section 32 of the companies act as unlimited may register under this Act as a ________ Correct Answer Limited company Your Answer Government Company Multiple Choice Single Answer Question A pardanashin woman means a woman who Correct Answer observes seclusion, because of curom Your Answer does not come into the public Multiple Choice Multiple Answer Question A sale can be in case of Correct Answer specific goods , existing goods Your Answer future goods , existing goods , contingent goods Select The Blank Question When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be ________. Correct Answer accepted Your Answer declared Multiple Choice Multiple Answer Question The order of the Commission can be set aside by Correct Answer The Supreme Court , The National Commission Your Answer The Supreme Court , The National Commission , Central Council Multiple Choice Single Answer Question The capacity to contract with an agent is the part of the law of Correct Answer statute Your Answer fact Select The Blank Question A minor, who is admitted to the benefits of partnership, must give a public notice within ________ months. Correct Answer six Your Answer six Match The Following Question Correct Answer Your Answer Partner by holding-out Partner by estoppel Partner by estoppel Dissolution of partnership Completion of ventures Loss caused by fraud Right of a partner To retire To retire Partner is liable Loss caused by fraud Completion of ventures Sleeping Partner Dormant Partner Dormant Partner Multiple Choice Single Answer Question The parties to the bill of exchange must be Correct Answer certain Your Answer certain Match The Following Question Correct Answer Your Answer Any person who for the consideration becomes the possessor of a promissory note Holder in due course Holder in due course Negotiating Negotiable Instruments so as to bind all, except himself A minor A minor A partner accepting Negotiable Instrument Implied authority Implied authority A person who can't accept or indorse a bill An insolvent An insolvent Multiple Choice Multiple Answer Question Goods includes Correct Answer trade marks , good will Your Answer actionable claims , trade marks , money Multiple Choice Multiple Answer Question The District Protection Council shall consist of the following members Correct Answer Members representing such interests as may be prescribed by the State Govt. , The Collector of District Your Answer Members representing such interests as may be prescribed by the State Govt. , The Collector of District True/False Question The Indian Contract Act, 1872 includes the penal provisions in case of breach of contract. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question In a sale if the seller becomes insolvent after a contract of sale and the buyer has paid the price, the buyer can claim the goods from the Correct Answer Official Assignee , Receiver Your Answer Official Assignee , Receiver Multiple Choice Multiple Answer Question Fraud means and includes following act Correct Answer promise to deceive other party , promise without intending to perform Your Answer concealing a fact believing to be untrue , promise without intending to perform True/False Question Loss of profits is an example of liquidated damages. Correct Answer False Your Answer True True/False Question Where a cheque is crossed specially, the banker to whom it is crossed may again cross it specially to another banker, his agent, for collection. Correct Answer True Your Answer True Select The Blank Question ________ contracts are the result of the implied promises. Correct Answer Implied Your Answer Implied Select The Blank Question When the certificate of incorporation is obtained, the promoters and directors of a ________ company invite the public to subscribe to its shares. Correct Answer public Your Answer public Select The Blank Question Under ________ influence the dominant party may hold a real authority over the other party. Correct Answer undue Your Answer general Multiple Choice Multiple Answer Question Goods means Correct Answer birds , gas Your Answer money , gas , old coins Select The Blank Question The confirmation of change of registered office of company within a state shall be communicated to the company within ________ from the date of receipt of such application. Correct Answer Four weeks Your Answer Three months Multiple Choice Multiple Answer Question Conditions required to avoid a contract on the ground of supervening impossibilty of performance of the contract Correct Answer the goods must have been perished before the risk is passed to the buyer , the loss is not caused by the wrongful act or default of either buyer or seller Your Answer the goods must have been perished before the risk is passed to the buyer , the contract be the be of actual sale , the loss is not caused by the wrongful act or default of either buyer or seller Multiple Choice Multiple Answer Question A is a type of stipulation and has following characteristics Correct Answer It is of the subsidiary character , a breach of condition gives the suffered party the one & only one right to repudiate the contract Your Answer It is of fundamental in nature , It is of the subsidiary character , It goes direct to the root of the contract Multiple Choice Multiple Answer Question Instruments payable on demand are Correct Answer Cheque , Promissory Note , Bill of Exchange Your Answer Cheque , Promissory Note , Bill of Exchange True/False Question When a person is entrusted with another's property, he may be appointed as an agent by necessity. Correct Answer True Your Answer False Multiple Choice Single Answer Question A consumer has the right to be assured, wherever possible, access to services at Correct Answer Competitive prices Your Answer Competitive prices True/False Question Legal controls, restrictions on public companies are more and strict. Correct Answer True Your Answer True Multiple Choice Single Answer Question A partner can not transfer his share to any outsider without obtaining Correct Answer Consent of other partners Your Answer Consent of other partners Multiple Choice Single Answer Question Notice of the situations of the registered office of the company is required to be given to the registrar of the companies within Correct Answer Thirty days Your Answer Ninety days True/False Question Company is treated as a legal person distinct from its members. Correct Answer True Your Answer True Multiple Choice Single Answer Question A partnership firm does not enjoy the status of a Correct Answer Legal person Your Answer Legal person Multiple Choice Multiple Answer Question Documents to be presented for the registration of a company with the registrar are Correct Answer The memorandum of the company , Its articles , The agreement, if any Your Answer The memorandum of the company , Its articles , The agreement, if any Select The Blank Question A partner may make an agreement with his partners, not to carry ________ business to that of the firm. Correct Answer similar Your Answer irrelevant Multiple Choice Single Answer Question Right to withhold the delivery of goods is similar to and co-extensive with the right of Correct Answer stoppage of goods in transit Your Answer stoppage of goods in transit Multiple Choice Multiple Answer Question Public notice of a dissolution of firm is required to be given by Correct Answer publishing the same in the official gazette , publishing the same in the local news paper Your Answer publishing the same in the official gazette , publishing the same in the local news paper , making advertisement of the same on the hoardings Select The Blank Question A company is a ________ company if the holding company controls the majority composition of its board of directors. Correct Answer subsidiary Your Answer subsidiary Multiple Choice Single Answer Question Private company can commence its business immediately after receiving the certificate of Correct Answer Incorporation Your Answer Incorporation True/False Question Directors of a private company need to file their consent with the registrar to act as director or sign an undertaking. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question Goods means Correct Answer growing crops , stocks & shares Your Answer growing crops , stocks & shares , money Multiple Choice Multiple Answer Question Selection committee for the appointment of the District Forum consists of Correct Answer President of the State Commission , Secretary of the Law Dept. of the state Your Answer President of the State Commission , Secretary of the Law Dept. of the state , Secretary of the Home Dept. of the state True/False Question Bearer cheque is also known as Open cheque. Correct Answer True Your Answer True Select The Blank Question The Articles of Association controls ________ operations of the company. Correct Answer internal Your Answer internal Multiple Choice Single Answer Question Partnership is nothing but Correct Answer a legal relationship between the partners Your Answer a legal relationship between the partners Select The Blank Question A,B,C, and D are partners, A retires and B dies, the partnership between them comes to ________ Correct Answer an end Your Answer reconstituted Multiple Choice Multiple Answer Question Documents to be presented for the registration of a company with the registrar are Correct Answer The memorandum of the company , Its articles , The agreement, if any Your Answer The memorandum of the company , Its articles , The agreement, if any