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CMA Intermediate Exam: Laws and Ethics Practice Test 2 (Fill Blanks)
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CMA Intermediate Exam: Laws and Ethics Practice Test 2 (Fill Blanks)
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25 Questions

1. A company shall send copy of each of the document such as memorandum etc., to a member within ___ days of the request made by him

2. The ESI Act, 1948 is the first major legislation on _______ security for the employees in
India

3. All wages payable under Payment of Wages Act, 1936 is required to be paid in current coins or in ________________ or both

4. The company shall file an application in Form No _______ for its conversion from private company to OPC

5. Share capital of the company includes _______

6. Section 95 provides that the register, their indices shall be __________________ of any matter directed or authorized to be inserted therein

7. A warranty is a stipulation_______________ to the main purpose of the contract.

8. Windingup of an LLP can either be _____________ or by the _____________________________

9. Maximum number of partners in Banking Business is ____

10. The Limited Liability Partnership Act does not allow the conversion from ________________________ into LLP

11. The time limit for registration of charge is____ days from the date of creation of charge

12. A promissory note or bill of exchange, in which no time for payment is specified, and a cheque, are payable on_________

13. The appropriate Government may direct that the provision of Minimum Wages Act 1948 will not be applicable in case of wages payable to a ___________ person

14. Business ethics must safeguard different rights of the ____________

15. No child shall be permitted or required to work between___________

16. Whenever a company makes any allotment of securities, it shall file a return of allotment with the Registrar within ___ days of allotment

17. The dishonor of the instrument may be due to Non-acceptance and ___________________

18. Section 206 of Indian Contract Act, 1872 state that____________________ must be given before revocation by principal or renunciation of the agency

19. The wage period shall not exceed_______________

20. A director may resign from his office by giving a notice in writing to the _____________.

21. The company shall not use any amount raised through the issue of ____________ for buying, trading or otherwise dealing in equity shares of any other listed company

22. Any individual or _______________ may be a partner in a limited liability partnership.

23. Remission means _______________ of a lesser performance than what is actually due under the contract

24. An agency is terminated by the principle by __________ his authority

25. The ethical operation of a company is directly related to ____________ in both short and long term

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