COMPANY LAW MULTIPLE CHOICE QUESTIONS (MCQS).

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6. According to Company Law, Public Companies are of _____ type(s).
(A) 1
(B) 2
(C) 3
(D) 4

7. Company-B shall be considered as a holding (or a subsidiary) company of the Company-A if:
I. Company-A owns more than 50% of the voting shares of Company-B
II. Company-A controls the composition of board in Company-B
(A) I only
(B) II only
(C) I or II
(D) I and II

ANSWERS:COMPANY LAW MCQS
6. (B) 2
7. (C) I or II