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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
The minimum under of persons in a listed public company
Question # 2
The minimum number of persons in a public ltd. company
Question # 3
The shares of a joint stock company are:
Question # 4
Liability of shareholders in a joint stock company is
Question # 5
The owner of a company are
Question # 6
The minimum number of persons in a multimembers private company:
Question # 7
The minimum number of persons in a listed public company:
Question # 8
Joint stock company is that business organizations which is:
Question # 9
The persons who mange the affairs of company are called:
Question # 10
Which business organization requires legal permission for commencement
Question # 11
The person who provide finance / capital to company are known as:
Question # 12
Which business organization can be dissolved through a legal procedure:
Question # 13
In Pakistan, Joint stock company is formed under:
Question # 14
The maximum number of person in a public limited company:
Question # 15
The persons who work for the formation of company are called
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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| Sr.# | Question | Answer |
|---|---|---|
| 1 | A joint stock company has the following characteristic: |
A. Delayed decisions
B. Payment of double tax
C. Limited liability of shareholders
D. All of the above
|
| 2 | The audit of a public limited company is: |
A. Not necessary
B. Necessary on yearly basis
C. After every three years
D. After every six months
|
| 3 | Which type of business organization has separate legal status apart from shareholders |
A. A sole tradership
B. A partnership
C. Joint stock company
D. None of these
|
| 4 | The persons who manage the affairs of company are called |
A. The shareholders
B. The debentureholders
C. The promoters
D. The directors
|
| 5 | The owners of a company are: |
A. The employees of company
B. The debentureholders
C. The shareholders
D. The creditors
|
| 6 | joint stock company is that business organization which is |
A. Durable
B. Not ended
C. Not durable
D. None of these
|
| 7 | The shares of a joint stock company are: |
A. Transferable
B. Not for common person
C. Of high value
D. All are correct
|
| 8 | Which type of business organization has separate legal status apart from shareholders: |
A. A sole tradership
B. A partnership
C. Joint stock company
D. None of these
|
| 9 | The person who provide finance / capital to company are known as: |
A. Directors
B. Promoters
C. Shareholders
D. None of these
|
| 10 | The minimum number of persons in a public ltd. company |
A. Thirty five
B. Fifty
C. Unlimited
D. Twenty
|
Test Questions
