MOA and AOA

Q.

Explain the meaning of unlimited liability.

Q.

Which is the main document of a company?

1. AOA

2. Neither A nor B

3. Either A or B

4. MOA

Q.

Explain the merits of a company.

Q.

What is meant by 'limited liability' for a company?

1. Either A or B

2. Neither A nor B

3. Extending the liability to personal assets of shareholders

4. Restricting the obligations to company's assets

Q.

Which document is called as charter of the company?

Q.

Which of the following document is also known as the 'Doctrine of Indoor Management'?

1. AOA

2. Agreement

3. Consent of Proposed Directors

4. MOA

Q.

In a public company, how many members must sign the Memorandum of Association?

Q.

In a private company, how many members must sign Memorandum of Association?

Q.

Preliminary Contracts Are Signed

Q.

A company must adhere to the provisions of the Companies Act while taking the dividend decision. Identify the related factor of the dividend decision being mentioned in the above line.

1. Access to capital market

2. Legal constraints

3. Preferences of shareholders

4. Contractual constraints

Q. The document that contains the constitution of the company is _________.

1. Article of Association
   
2. Memorandum of Association
   
3. None of these
   
4. Prospectus

Q.

What is also known as the charter of the company?

1. AOA

2. MOA

3. Capital clause

4. None of the above

Q.

Which of the following is NOT true?

1. MOA deals with the public and AOA deals with the management

2. Every company must file AOA

3. Functioning has to be present in MOA

4. MOA is the main document of a company

Q.

Given below are some functions of a promoter.

1. Identification of business opportunity

2. Feasibility studies

3. Name Approval

What is the next function?

1. Appointment of Professional

2. Preparation of necessary documents

3. Submission of MOA

4. Fixing up Signatories to the MOA

Q.

Does a sole proprietorship owner have limited liability?

Q. For any two sets A and B,
(a)
(b)
(c)
(d) .

Q.

The rules and regulations regarding internal management are known as ____ and come under ____.

1. Doctrine of indoor management under MOA

2. Procedures under AOA

3. Procedures under MOA

4. Doctrine of indoor management under AOA

Q.

In the MOA, the five clauses are also known as the ___ of the company.

Q. A Memorandum of Association should be signed by _______ persons in case of private company.

1. four
2. two
   
3. five
4. seven

Q.

What is Marshalling in law?

Q.

A company has 2 lakh shares of which Abid owns 1.5 lakh shares and his friend Basu owns 50, 000 shares. This is mentioned in which clause of the MOA?

1. Capital clause

2. Objects clause

3. Liability clause

4. None of the above

Q. In the context of 'One Person Company' (OPC), which of the following statements is correct?

1. The correct of OPC is new for India
2. OPC has only one person as a member
3. OPC can be a company limited by shares, guarantee or even unlimited
4. All of the above

Q. A feasibility study

1. Includes a statement of the problems
2. Considers a single solution
3. Both a and b
4. A list of alternative solution considered

Q. The liability of members of a Joint Stock Company is unlimited.

1. True
2. False

Q. In case of a private company, Memorandum must be signed by at least _____ persons.

1. two
   
2. four
3. six
4. eight

Q. The domicile clause of the Memorandum of Association states about the ______ of a company.

1. capital
2. registered address
   
3. liability
4. None of these
   

Q.

_____ focuses on the peace and decorum in the management.

1. AOA

2. MOA

3. Rohit

4. Board of directors

Q. State the following statement are True or False.

1. True
2. False

Q. Memorandum is the _______ document of a company.

1. secondary
2. primary
3. sub-ordinate
4. Non of these
   

Q.

1. Table A
   
2. Memorandum of association
   
3. Articles of association
   
4. None of these