| 1 |
The liability of the members is limited according to undertaking of members to contribute to the assets of the company in the event of its being wound up, |
- A. Company limited by shares
- B. Unlimited company
- C. Company limited by guarantee
- D. Association not for profit
|
| 2 |
The company which can be formed by at least two members, |
- A. Private company
- B. Public company
- C. Sole proprietorship
- D. All of the above
|
| 3 |
A company is formed by, |
- A. Owners
- B. Directors
- C. Managers
- D. Employees
|
| 4 |
The company in which members are personally liable for the debts of company |
- A. Company limited by shares
- B. Unlimited company
- C. Company limited by guarantee
- D. Association not for profit
|
| 5 |
Joint stick company is formed under |
- A. Finance society act 1913
- B. Partnership act 1932
- C. Companies ordinance 1984
- D. Common carrier act 1865
|
| 6 |
The company which can be formed by at least seven members, |
- A. Private company
- B. Public company
- C. Partnership
- D. Sole proprietorship
|
| 7 |
It is an artificial person recognized by law, |
- A. Joint stock company
- B. Partnership
- C. Sole proprietorship
- D. "b" and "c"
|
| 8 |
In Partnership, in case of banking business, the partners must not exceed, |
|
| 9 |
Maximum members in private company are, |
- A. 10
- B. 50
- C. 100
- D. 150
|
| 10 |
This is the principal form of company, |
- A. Company limited by shares
- B. Unlimited company
- C. Company limited by guarantee
- D. Association not for profit
|
