Here are the remaining MCQs for the other topics:

17b. Concept of Business Ethics

31. Business ethics primarily deal with:

a) Legal compliance
b) Ethical decision-making in business practices
c) Increasing profits
d) Enhancing market share

32. Which of the following is NOT an example of ethical business practice?

a) Transparency in operations
b) Exploiting labor for cost reduction
c) Fair treatment of employees
d) Avoiding deceptive advertising

33. Business ethics are essential for:

a) Building trust with stakeholders
b) Gaining competitive advantages
c) Avoiding penalties
d) All of the above

34. Which principle is key to business ethics?

a) Integrity
b) Dishonesty
c) Exploitation
d) Profit maximization

35. Transparency in business ethics refers to:

a) Concealing critical information
b) Sharing accurate and clear information with stakeholders
c) Promoting confidential operations
d) Avoiding financial disclosures

36. Ethical decision-making in business helps in:

a) Creating a positive work culture
b) Reducing customer trust
c) Increasing unethical practices
d) Avoiding stakeholder engagement

17a. Provisions Related to Director Authority and Contracts

37. Directors derive their authority from:

a) The Memorandum of Association
b) The Articles of Association
c) Shareholder agreements
d) Government policies
 38. A director’s fiduciary duty includes:
a) Acting in the best interest of the company
b) Prioritizing personal profits
c) Ignoring shareholder concerns
d) Avoiding stakeholder engagement

39. Contracts entered into by directors outside their authority are:

a) Enforceable in all cases
b) Considered ultra vires
c) Automatically approved by shareholders
d) Legally binding without review

40. Directors may be held liable for contracts if they:

a) Act within their scope of authority
b) Misrepresent the company
c) Follow the Articles of Association
d) Gain shareholder approval

41. A director’s authority is generally restricted by:

a) Company policies
b) Shareholder interests
c) The Articles of Association
d) None of the above

42. Who approves contracts entered by directors on behalf of the company?

a) Employees
b) Board of Directors
c) Creditors
d) Regulators

10. Liability of Various Partners Under the Partnership Act

43. General partners have liability that is:

a) Limited to their contribution
b) Joint and several
c) Restricted to business debts only
d) None of the above

44. Limited partners’ liability extends to:

a) Business losses only
b) Fraud committed by other partners
c) The amount of their agreed contribution
d) Unlimited liabilities

45. Under the Partnership Act, liability for firm debts is:
a) Proportional to profit shares
b) Joint and several
c) Limited to capital contributions
d) None of the above
 46. Retiring partners are liable for:
a) Future debts of the firm
b) Past debts incurred during their tenure
c) No debts after retirement
d) None of the above

47. Which is NOT a characteristic of general partners?

a) Unlimited liability
b) Active participation in management
c) Limited liability for debts
d) Joint liability with other partners

48. A partner’s liability for a tort committed by another partner is:

a) Joint and several
b) Limited to the tortfeasor
c) Dependent on profit shares
d) Excluded for limited partners

11. Role and Duties of Company Promoters

49. A company promoter is responsible for:

a) Preparing the Memorandum of Association
b) Filing incorporation documents
c) Securing initial investors
d) All of the above

50. Which of the following is NOT a duty of a promoter?

a) Disclosing profits to the company
b) Acting in the company’s interest
c) Fulfilling fiduciary duties
d) Avoiding legal compliance

51. Promoters have a fiduciary duty towards:

a) Investors
b) The company
c) Themselves
d) Creditors

52. Promoters’ liability arises when:

a) They act in bad faith
b) They fail to incorporate the company
c) They disclose their profits
d) None of the above

53. Compensation to promoters is generally:

a) Restricted by law
b) Determined by the company
c) Based on shareholder approval
d) Both b and c
 54. The promoter’s primary responsibility includes:
a) Managing day-to-day operations
b) Establishing the foundation of the company
c) Filing financial reports
d) Resolving shareholder disputes

12. Issue of Shares at a Discount and Shareholder Liability

55. Shares issued at a discount are regulated by:

a) Corporate bylaws
b) The Companies Act
c) Financial Institutions Act
d) None of the above

56. Discounted shares are issued primarily:

a) To new investors
b) During financial difficulties
c) To raise additional funds quickly
d) Both b and c

57. Shareholders receiving discounted shares are liable for:

a) The full nominal value of shares
b) The discounted price only
c) The difference between nominal and discounted value
d) None of the above

58. Issuing shares at a discount without approval may lead to:

a) Shareholder disputes
b) Company insolvency
c) Penalties under law
d) All of the above

59. Which of the following is a restriction on issuing shares at a discount?

a) Market conditions
b) Shareholder agreement
c) Legal prohibitions in certain jurisdictions
d) Capital structure requirements

60. The liability of shareholders holding discounted shares extends to:

a) The total unpaid amount
b) Debts of the company
c) The difference between nominal and market value
d) None of the above

13. Concepts Related to Corporate Governance

61. Corporate governance primarily focuses on:

a) Management of operational processes
b) Ensuring accountability and transparency in corporate conduct
 c) Increasing profits
d) None of the above

62. Which of the following is a principle of corporate governance?

a) Exploitation of minority shareholders
b) Integrity and fairness
c) Concealing financial reports
d) Prioritizing directors’ personal gains

63. The primary role of the board of directors in governance is:

a) Managing daily operations
b) Ensuring compliance with corporate objectives
c) Drafting bylaws
d) Representing creditors

64. Corporate governance applies to:

a) Private companies only
b) Public companies only
c) All organizations regardless of size
d) Large multinational corporations only

65. Transparency in corporate governance is achieved by:

a) Avoiding stakeholder communication
b) Disclosing financial and non-financial information
c) Limiting shareholder rights
d) Focusing solely on profits

Let me know when you've completed your answers, and I'll evaluate them for you!

Here are the 100 MCQs covering all the topics you provided, written in the required MCQ format:

15a. Concept and Study Importance of CSR

1. CSR stands for:

a) Corporate Social Reform
b) Corporate Social Responsibility
c) Corporate Strategic Reporting
d) Community Social Regulation

2. Which of the following is NOT a key focus of CSR?

a) Environmental protection
b) Community welfare
c) Employee well-being
d) Maximizing short-term profits

3. What is the primary aim of CSR?

a) To comply with legal obligations
b) To enhance corporate image
 c) To integrate social and environmental concerns into business operations
d) To increase shareholder dividends

4. CSR practices are driven by:

a) Public pressure
b) Legal compliance
c) Ethical considerations
d) All of the above

5. Which of the following is an example of CSR?

a) Cutting down costs by ignoring environmental regulations
b) Providing free education to underprivileged children
c) Increasing executive bonuses
d) Avoiding employee training

6. CSR contributes to long-term business sustainability by:

a) Reducing operational costs
b) Building community trust
c) Avoiding taxes
d) Increasing product prices

15b. Provisions Related to Corporate Decision-Making and Resolutions

7. A corporate resolution is a:
a) Personal decision made by an employee
b) Decision formally adopted by a company’s board or shareholders
c) Legal dispute resolution process
d) Policy drafted by the government

8. Which type of resolution is used for amending the Memorandum of Association?

a) Special Resolution
b) Ordinary Resolution
c) Directors’ Resolution
d) Quorum Resolution

9. A resolution requiring a minimum 75% majority is called a:

a) Unanimous Resolution
b) Special Resolution
c) Simple Resolution
d) Shareholder Resolution

10. What does “quorum” refer to in a company meeting?

a) The location of the meeting
b) The minimum number of attendees required for valid decision-making
c) The agenda of the meeting
d) The voting mechanism used

11. Ordinary resolutions are passed with:

a) Unanimous approval
b) A simple majority
 c) At least 75% approval
d) Approval from the board only

12. Resolutions are typically recorded in the:

a) Articles of Association
b) Board meeting minutes
c) Corporate charter
d) Annual report

16a. Provision Related to Liability of Shareholders

13. Shareholders in a company limited by shares are liable for:

a) All debts of the company
b) Unpaid amounts on their shares
c) Company losses beyond their investment
d) No liability

14. Unlimited liability exists in which type of company?

a) Limited Liability Company
b) Public Company
c) Unlimited Company
d) Private Company

15. Shareholder liability during winding up is limited to:

a) The market value of shares
b) The unpaid amount on shares
c) The company’s total debts
d) None of the above

16. Fraudulent activities by shareholders may result in:

a) Limited liability
b) No liability
c) Unlimited liability
d) Partial liability

17. Calls on shares refer to:

a) Voting rights of shareholders
b) Dividends declared by the company
c) Demands for unpaid share capital
d) Share transfer requests

18. Shareholder liability during liquidation is determined by:

a) Company bylaws
b) The director’s decision
c) The court overseeing the process
d) The amount unpaid on shares

16b. Provision Related to Issue of Shares

 19. Shares issued at a discount are governed by:
a) Company policies
b) The Companies Act
c) Shareholder agreement
d) Banking regulations

20. What is the term used for the first issue of shares by a company?
a) Private placement
b) Initial public offering
c) Secondary market issue
d) Bonus issue

21. Shares issued to employees as a reward for performance are called:

a) Equity shares
b) Preference shares
c) Employee Stock Options (ESOPs)
d) Debentures

22. The term “par value” of a share refers to:

a) Market price
b) Nominal value
c) Book value
d) Premium price

23. Which of the following is NOT a type of share issue?

a) Rights issue
b) Bonus issue
c) Private issue
d) Mandatory issue

24. Shares issued at a discount are restricted because:

a) They dilute shareholder equity
b) They reduce company profits
c) They are considered illegal in certain jurisdictions
d) They increase tax liability

14. Concepts Related to Voluntary and Compulsory Liquidation

25. What is liquidation?

a) Selling assets to avoid insolvency
b) The process of winding up a company’s operations
c) Merging with another company
d) Reducing share capital

26. Voluntary liquidation is initiated by:

a) Creditors
b) Shareholders or directors
c) Courts
d) The government
 27. A company may enter compulsory liquidation due to:
a) Insolvency
b) Shareholder disagreements
c) Merger approval
d) Successful expansion

28. The role of the liquidator includes:

a) Managing company operations
b) Collecting and distributing company assets
c) Drafting the company’s annual report
d) Acquiring new loans

29. In compulsory liquidation, creditors play a role in:

a) Electing the liquidator
b) Deciding the company’s future strategy
c) Drafting the liquidation plan
d) Holding board meetings

30. Voluntary liquidation is generally preferred when:

a) The company is insolvent
b) The company wishes to reorganize
c) The company can pay off its debts and wants to close
d) None of the above

Let me know if you'd like me to complete the remaining questions for the other topics!