MCQ for CA Intermediate LAW - PART 1 - CORPORATE LAWS - Chapter 3 - PROSPECTUS AND ALLOTMENT OF SECURITIES

Sample Multiple Choice Questions (MCQ's) for CA Intermediate - Paper 2 - Corporate and Other Laws - PART 1 - Corporate Laws - Chapter 3: PROSPECTUS AND ALLOTMENT OF SECURITIES - For Practice relevant for May/November 23 Examinations

Q:1 Television Advertisements and Visual Clips giving all required details can be treated as a Prospectus. RTP, M 17

  1. True
  2. False

Answer: 2

Q:2 Private Companies as well as Private Placement by any Company, do not require the issue of a Prospectus.

  1. True
  2. False

Answer: 1

Q:3 Mis-Statements in Prospectus attract -

  1. Civil Liability,
  2. Criminal Liability,
  3. Both (a) and (b),
  4. Neither (a) nor (b)

Answer: 3

Q:4 Prospectus includes -

  1. Shelf Prospectus,
  2. Red Herring Prospectus,
  3. Deemed Prospectus,
  4. All the above.

Answer: 4

Q:5 _______ Means a prospectus contained summary of original Prospectus so as to save cost and time.

  1. Deemed Prospectus 
  2. Red herring Prospectus
  3.  Shelf Prospectus
  4. Abridged Prospectus

Answer: 4

CA Intermediate LAW - PART 1 - Corporate Laws - MCQ for Chapter 4 -   

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