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Business Law Objective Question and Answer

Business Law MCQ Multiple Choice Questions - Page 6 for Practice

Business Law MCQ Questions for Practice

76. Which of the following right is not included in the rights of surety against the creditor?

Right to retrench from service
Right to set off
Right to appoint surety
Right of security

Correct Answer is: Right to appoint surety

Show Answer-76

77. Which of the following right of surety against the principal debtor?

Right to issue a notice.
Right to recover damages
Right to recover the amount paid
Right to have amount of interest

Correct Answer is: Right to have amount of interest

Show Answer-77

78. Which organisation are created to advice and assist the consumers in seeking and enforcing their rights in India?

CCC
C.P.C
CERC
CUTS

Correct Answer is: C.P.C

Show Answer-78

79. Who has to prove the quantum of liability of surety?

Third party
Debtor
Creditor
Surety

Correct Answer is: Creditor

Show Answer-79

80. Whose Signature is required on share Certificate?

All Directors
Company Secretary
Two Directors
Two Directors and Company Secretary

Correct Answer is: Two Directors and Company Secretary

Show Answer-80

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