Question : An artificial person created by law is called
Option 1: Sole tradership
Option 2: Partnership
Option 3: Company
Option 4: All of the above
Correct Answer: Company
Solution : Answer = Company
An artificial person created by law refers to a company. Unlike sole traderships and partnerships, which are business structures formed by individuals, a company is a separate legal entity established under the law. It has rights, responsibilities, and liabilities distinct from its owners, making it an independent legal entity. A company is an artificial legal person enjoying a separate entity from its members.
Question : Company Law prohibits any invitation or acceptance of deposits from persons other than its member, Directors or their relatives for :
Option 1: Private Company
Option 2: Public Company
Option 3: One Person Company
Option 4: None of the Above
Question : Marshall established the law of Equimarginal Utility:
Option 1: Related to money
Option 2: Related to goods
Option 3: Both of the above
Question : The Newton's First law is also called as:
Option 1: Law of moments
Option 2: Law of interia
Option 3: Law of energy
Option 4: law of momentum
Question : Which of the following is the basis of diminishing marginal utility?
Option 1: Law of supply
Option 2: Laws of return
Option 3: Law of demand
Option 4: None of the above
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