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This online test contains MCQs about following topics:
Introduction, definition and evolution of Joint Stock company . Characteristics of J.S.C . Adavantages of J.S.C . Disadvantages of J.S.C . Comparison of differnet business organizations
ICOM Part 1 Commerce Ch. 5 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 5 "Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test"
Try The MCQ's Test For Chapter 5 "Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test
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Question # 1
Liability of shareholders in a joint stock company is
Question # 2
Maximum number of shareholders in a multi-members private company
Question # 3
The minimum number of persons in a multi-members private company
Question # 4
The maximum number of person in a public limited company:
Question # 5
The owners of a company are:
Question # 6
The minimum under of persons in a listed public company
Question # 7
Maximum number of shareholders in a multi-members private company:
Question # 8
Which business organization requires legal permission for commencement:
Question # 9
Which business organization requires legal permission for commencement
Question # 10
The persons who work for the formation of company are called
Question # 11
In Pakistan, Joint stock company is formed under
Question # 12
The person who provide finance / capital to company are known as:
Question # 13
Which type of business organization has separate legal status apart from shareholders:
Question # 14
The persons who work for the formation of company are called:
Question # 15
Liability of shareholders in a joint stock company is:
11th Principles of Commerce Chapter 5 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 5 Joint Stock Company (I) Test. Click the button for 100% free full practice test.
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ICom Part 1 Principle of Commerce (English Medium) Chapter 5 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Liability of shareholders in a joint stock company is: |
A. Limited
B. Unlimited
C. None
D. All are correct
|
| 2 | The minimum number of persons in a multimembers private company: |
A. Seven
B. Four
C. Two
D. Three
|
| 3 | In Pakistan, Joint stock company is formed under |
A. The ordinance of 1978
B. The ordinance of 1982
C. The ordinance of 1984
D. The ordinance of 1990
|
| 4 | The persons who mange the affairs of company are called: |
A. The shareholders
B. The debentureholders
C. The promotors
D. The directors
|
| 5 | Maximum number of shareholders in a multi-members private company |
A. Ten
B. Fifty
C. No limited
D. Twenty
|
| 6 | The persons who work for the formation of company are called |
A. The owners
B. The employees
C. Thew promoters
D. The directors
|
| 7 | Joint stock company is that business organizations which is: |
A. Durable
B. Not ended
C. Not durable
D. None of these
|
| 8 | joint stock company is that business organization which is |
A. Durable
B. Not ended
C. Not durable
D. None of these
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| 9 | Which business organization can be dissolved through a legal procedure: |
A. Sole tradership
B. Partnership
C. Joint Sock Company
D. None of these
|
| 10 | The owner of a company are |
A. The employees of company
B. The debentureholders
C. The shareholders
D. The creditors
|
Test Questions