Business Law

These interview questions in Business Law will help you to prepare different jobs in Legal like Company Secretary, Legal Executive, and legal Manager etc.

Q.1 Which Section of companies act, defines the term company?
Section 3 (1) of companies act defines the term Company.
Q.2 How many members are neded to form a quorom in a public company?
To form a quorom there should be at 5 members needed.
Q.3 What is the first stage of formation of a company?
Promotion is the first stage in the formation of a company.
Q.4 What is the liability of members in a company limited by shares?
Unpaid value of shares
Q.5 Which section of Indian contract Act, 1872 defines bilateral mistake?
Section 20 of Indian Contract Act, 1872
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