FOUNDATION QUIZ π
A voidable contract is one which
A voidable contract is one which
Anonymous Quiz
53%
(a) Can be enforced at the option of aggrieved party
31%
(b) Can be enforced at the option of both the parties
13%
(c) Cannot be enforced in a court of law
3%
(d) Courts prohibit
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FOUNDATION QUIZ π
When the consent of a party is not free, the contract is
When the consent of a party is not free, the contract is
Anonymous Quiz
42%
(a) Void
51%
(b) Voidable
3%
(c) Valid
4%
(d) Illegal
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INTER LEVEL QUIZ
Which of the following transactions would be considered ultra vires for a company?
Which of the following transactions would be considered ultra vires for a company?
Anonymous Quiz
20%
a) Borrowing funds beyond the authorized limit
67%
b) Engaging in business outside the objects clause of the Memorandum of Association
8%
c) Declaring dividends without sufficient profits
4%
d) Failing to conduct an Annual General Meeting
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FINAL LEVEL QUIZ π
Which of the following can lead to disqualification of a director under Section 164 ?
Which of the following can lead to disqualification of a director under Section 164 ?
Anonymous Quiz
10%
Not attending 75% of board meetings in a year
25%
Holding directorship in more than 10 public companies
7%
Failure to pay income tax for 2 consecutive years
58%
Being declared of unsound mind by a competent court
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