A. Symbolic Delivery
B. Actual Delivery
C. Constructive Delivery
D. No delivery
✅ The correct answer is option A.
33. The Right of Lien is exercised:
A. To retain the possession of goods
B. To regain the possession of goods
C. To resell the goods
D. To transfer the goods
✅ The correct answer is option A.
32. Which company shares can be freely transferable?
A. Private company
B. Public company
C. Both a & b
D. None of the above
✅ The correct answer is option B.
31. Maximum number of members in case of public company is:
A. 50
B. 100
C. Unlimited
D. 200
✅ The correct answer is option C.
30. The liability of members if company is limited by guarantee.
A. Unpaid value of shares
B. Guarantee amount
C. Unlimited liability
D. None of the above
✅ The correct answer is option B.
29. The companies which are formed under special charter granted by the king or queen of England are called
A. Statutory companies
B. Registered companies
C. Chartered companies
D. None of these
✅ The correct answer is option C.
28. In the MOA there are 7 clauses. We can alter all clauses expect one clause. What is that clause?
A. Objects clause
B. Name clause
C. Association clause
D. None of these
✅ The correct answer is option C.
27. Ultra vires means
A. Beyond the powers
B. Within the powers
C. Both
D. None of the above
✅ The correct answer is option A.
26. Alteration of objects clause of MOA of a company requires
A. Special resolution
B. Approval of CLB
C. Ordinary resolution
D. Approval of ROC
✅ The correct answer is option A.
25. AOA is a
A. Public document
B. Managerial document
C. Private document
D. Internal document
✅ The correct answer is option D.