MCQ Collection
Legal Professional Qualification Objective Examination MCQs
Practice Legal Professional Qualification Objective Examination questions with answers and explanations.
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Correct Answer: B. A company generally has legal personality distinct from its shareholders
Explanation:
Separate personality allows the company to hold rights and obligations, while governance duties still apply.
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Correct Answer: D. An administrative body should act within legal authority and follow required procedure
Explanation:
Administrative legality requires authorised power, proper purpose and procedural compliance.
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Correct Answer: C. Legal capacity and the validity of an act depend on the person and the rules governing the transaction
Explanation:
Civil-law systems distinguish rights capacity, conduct capacity and transaction-specific requirements.
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Correct Answer: B. Interpretation considers the text, purpose, transaction context and applicable law
Explanation:
Contract interpretation seeks the legally supported meaning of the agreement in context.