LEGAL REASONING – LOGICAL REASONING

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Legal Reasoning - Logical Reasoning

1 / 20

What is the mandatory requirement for a person to be appointed as a director of a company according to the Companies Act, 2013?

2 / 20

Which class of companies is exempted from the maximum limit of fifteen directors as mentioned in the Companies Act, 2013?

3 / 20

How many directors are required for a public company as per Section 149(1) of the Companies Act, 2013?

4 / 20

What differentiates a "Non-Banking Financial Company (NBFC)" from other financial institutions under the Companies Act?

5 / 20

Which of the following activities is NOT typically associated with the objects of a Producer Company, as specified in Section 378B of the Companies Act, 2013?

6 / 20

 What is the primary purpose of a "Producer Company" as defined in the Companies Act, 2013?

7 / 20

According to the explanation provided, when does a company have "significant influence" over another company?

8 / 20

What is the primary criterion for a company to be classified as a "Government Company"?

9 / 20

What is the distinguishing feature of a "One Person Company"?

10 / 20

Legal Principle: A violation of a legal Right, with or without damage, gives rise to a tort.

   Factual Situation: Mr. Ketan establishes a coaching class for Company Secretary Students of the Executive Programme and charges Rs.10,000/- per year as tuition fees. Mr. Ketan’s neighbor, Mr. Kalia, establishes another coaching class for Company Secretary Students of the Executive Programme, thereby creating competition between them. This forces Mr. Ketan to reduce his tuition fees to Rs. 7,000/- per year.

   Can Mr. Ketan claim damages from Mr. Kalia for the loss caused to him?

11 / 20

What legal principle is reflected in the phrase "All agreements are contracts if they are made with free consent by parties competent to contract for a lawful consideration and with a lawful object"?

12 / 20

When is the Latin term "Suo motu" applicable?

13 / 20

What does "Stare decisis" stand for in legal terminology?

14 / 20

. Which Latin maxim signifies "For the public good"?

15 / 20

  1. What is the meaning of the Latin term "Per incuriam" in legal terminology?

16 / 20

When is the Latin term "Ex turpi causa non oritur actio" applicable?

17 / 20

What does "Mens rea" stand for in legal terminology?

18 / 20

Which Latin maxim represents the principle that "Express mention of one thing implies the exclusion of another"?

19 / 20

What is the meaning of "Locus standi" in legal terms?

20 / 20

 What does the Latin term "Ad hoc" mean in legal terminology?