law
This query is : Open
apurva agarwal
(Querist)
23 September 2010
QUES 1
A promoter of a company that is to be incorporated is
a. an agent of the company
b. a trustee of the company
c. a quasi-trustee of the company
d. an employee of the company
QUES 2
To use the expression “Enterprises”, the minimum authorized capital
must be
a. 1 lakhs
b. 10 lakhs
c. 1 crore
d. 3 crores
QUES 3
Ashok lends Rs.50,000, on terms that it will be returned in two month’s time,
to Sanjay for helping the latter buy certain contraband transmitting
equipment. Can Ashok get the loan amount returned in case Sanjay defaults
and under what circumstances..
A promoter of a company that is to be incorporated is
a. an agent of the company
b. a trustee of the company
c. a quasi-trustee of the company
d. an employee of the company
QUES 2
To use the expression “Enterprises”, the minimum authorized capital
must be
a. 1 lakhs
b. 10 lakhs
c. 1 crore
d. 3 crores
QUES 3
Ashok lends Rs.50,000, on terms that it will be returned in two month’s time,
to Sanjay for helping the latter buy certain contraband transmitting
equipment. Can Ashok get the loan amount returned in case Sanjay defaults
and under what circumstances..
Ankur Garg
(Expert)
23 September 2010
QUESTION--1
Ans---(b)--trustee of the company
QUESTION--2
Ans---(b)---10 Lakhs
not sure about q-3
Ans---(b)--trustee of the company
QUESTION--2
Ans---(b)---10 Lakhs
not sure about q-3
apurva agarwal
(Querist)
24 September 2010
thanx ankur sir..
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