FOUNDATION LEVEL QUIZ π
A Surety has a Right of Indemnity and Right of Subrogation against ____ .
A Surety has a Right of Indemnity and Right of Subrogation against ____ .
Anonymous Quiz
41%
(a) Principal Debtor
13%
(b) Creditor
9%
(c) Co - sureties
36%
(d) All of these
β€1π1
INTER LEVEL QUIZ π
The Minutes book of General Meeting shall be preserved __.
The Minutes book of General Meeting shall be preserved __.
Anonymous Quiz
16%
(a) For a period of 4 years
11%
(b) For a period of 6 years
47%
(c) For a period of 8 years
27%
(d) Permanently
β€1π1
FINAL LEVEL QUIZ π
X Limited was demerged to X Realiable Limited and X Limited, what type of demerger is this ?
X Limited was demerged to X Realiable Limited and X Limited, what type of demerger is this ?
Anonymous Quiz
26%
(a) Total demerger
39%
(b) Partial demerger
27%
(c) Internal Reconstruction
8%
(d) Demerger in nature of purchase
π2
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FOUNDATION LEVEL QUIZ π
A contract dependent on the happening or non - happening of future uncertain event is -
A contract dependent on the happening or non - happening of future uncertain event is -
Anonymous Quiz
17%
(a) Uncertain contract
70%
(b) Contingent contract
12%
(c) Void contract
0%
(d) Void contract
π1
INTER LEVEL QUIZ π
Sources of Funds for Buy back of shares are -
Sources of Funds for Buy back of shares are -
Anonymous Quiz
29%
(a) Free reserves or securities premium account
8%
(b) The proceeds of any shares or others or other specified securities
61%
(c) (a) and (b) both
1%
(d) None of the above
π1
FINAL LEVEL QUIZ π
The Directors prepared the Annual accounts in Director Responsibility Statement on a/an -
The Directors prepared the Annual accounts in Director Responsibility Statement on a/an -
Anonymous Quiz
6%
(a) Money measurement Basis
55%
(b) Going concern Basis
28%
(c) Accrual Basis
11%
(d) Business Entity Basis
π2