| 1 |
The minimum number of persons in a listed public company: |
- A. Seven
- B. Eleven
- C. Five
- D. Two
|
| 2 |
The minimum number of persons in a multimembers private company: |
- A. Seven
- B. Four
- C. Two
- D. Three
|
| 3 |
Which business organization requires legal permission for commencement: |
- A. Sole tradership
- B. Partnership
- C. Joint Sock Company
- D. None of these
|
| 4 |
The shares of a joint stock company are: |
- A. Transferable
- B. Not for common person
- C. Of high value
- D. All are correct
|
| 5 |
The word "Private" is not used by |
- A. A statutory company
- B. A public company
- C. A chartered company
- D. All the above
|
| 6 |
The persons who manage the affairs of company are called |
- A. The shareholders
- B. The debentureholders
- C. The promoters
- D. The directors
|
| 7 |
Maximum number of shareholders in a multi-members private company: |
- A. Ten
- B. Fifty
- C. No limited
- D. Twenty
|
| 8 |
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
|
| 9 |
Which business organization can be dissolved through a legal procedure |
- A. Sole tradership
- B. Partnership
- C. Joint stock company
- D. None of these
|
| 10 |
Liability of shareholders in a joint stock company is |
- A. Limited
- B. Unlimited
- C. None
- D. All are correct
|
