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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.

First Year Principles of Commerce Chapter 5 Online MCQ Test for 1st Year Principles of Commerce Chapter 5 (Joint Stock Company (I))

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
ic

First Year Principles of Commerce Chapter 5 Online MCQ Test for 1st Year Principles of Commerce Chapter 5 (Joint Stock Company (I))

Sr. # Questions Answers Choice
1 The owners of a company are:
  • A. The employees of company
  • B. The debentureholders
  • C. The shareholders
  • D. The creditors
2 Liability of shareholders in a joint stock company is
  • A. Limited
  • B. Unlimited
  • C. None
  • D. All are correct
3 Maximum number of shareholders in a multi-members private company:
  • A. Ten
  • B. Fifty
  • C. No limited
  • D. Twenty
4 The minimum number of persons in a multi-members private company
  • A. Seven
  • B. Four
  • C. Two
  • D. Three
5 The persons who work for the formation of company are called
  • A. The owners
  • B. The employees
  • C. Thew promoters
  • D. The directors
6 Maximum number of shareholders in a multi-members private company
  • A. Ten
  • B. Fifty
  • C. No limited
  • D. Twenty
7 Which business organization can be dissolved through a legal procedure:
  • A. Sole tradership
  • B. Partnership
  • C. Joint Sock Company
  • D. None of these
8 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
9 Liability of shareholders in a joint stock company is:
  • A. Limited
  • B. Unlimited
  • C. None
  • D. All are correct
10 The persons who manage the affairs of company are called
  • A. The shareholders
  • B. The debentureholders
  • C. The promoters
  • D. The directors

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test

H

Hammad Haider

Lahore21 - Feb - 2024

15/15
02 Mins 11 Sec
H

Hammad Haider

Lahore21 - Feb - 2024

15/15
02 Mins 23 Sec
A

Alisha Irfan

Lahore22 - Apr - 2024

15/15
02 Mins 56 Sec
O

Omer Khan

Lahore27 - Feb - 2024

11/15
01 Mins 43 Sec
A

Ayra Lalani

Lahore10 - Feb - 2024

10/15
01 Mins 22 Sec

M.Faizan M.Bakhsh

Lahore20 - Apr - 2024

10/15
01 Mins 36 Sec
A

Ayra Lalani

Lahore10 - Feb - 2024

8/15
01 Mins 35 Sec

Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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