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1. Which of the following is not a major source of law in any modern society?

Custom Judicial precedent Legislation Executive order

2. An 'agent' is a person employed to do any act for another or to represent another in dealing with the

first person second person third person fourth person

3. In case of a sale by auction, if the seller makes use of pretended bidding to raise the price, the sale is voidable at the option of

buyer seller dealer consumer

4. Which one of the following is not a type of endorsement in case of a negotiable instrument?

Blank Full Written Restrictive

5. The implied authority of a partner is to carry on the business of the firm, in the

casual way usual way unusual way special way

6. Chapter V of the Factories Act, 1948 provides for the welfare of workmen employed in the factory to be taken in the factory

operative measure recreative measure safety measure welfare measure

7. Section 55 of the Code on Wages, 2019 talks about

offences by companies composition of offences penalty for offences impacts of offences

8. __ means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company.

Associate Company Holding Company Small Company Foreign Company

9. The annual return of an OPC in absence of the company secretary shall be signed by the __ of the company.

banker auditor legal officer director

10. A start-up company may issue sweat equity shares not exceeding paid-up capital up to 5 years from the date of its incorporation. Which percentage of its paid-up capital can it issue?

50% 25% 15% 10%

11. Where the equity shares of a company are listed on a recognized stock exchange, the Employees Stock Option Scheme shall be issued in accordance with the regulations made by

the concerned company the Registrar of Companies the Ministry of Corporate Affairs the SEBI

12. Where an auditor is dissatisfied with the information provided and finds that he cannot express a proper opinion on the statements, he will issue

a clean report an adverse opinion a disclaimer of opinion a qualified report

13. Every listed company shall establish a vigil mechanism for genuine concerns to report

directors and employees auditors and employees customers and employees financer and employees

14. Which one of the following is not an attribute of emotional intelligence?

Self management Social awareness Corporate management Relationship management

15. Holders of public office must act and take decision impartially, fairly and on merit using the best evidence and without discrimination or bias. This principle of public life is known as

honesty selflessness objectivity integrity

June 24 law Paper