| 1 |
The powers of company are governed by the. |
- A. Sharehoders
- B. Memorandum of association
- C. Prospectus
- D. Articles of association
|
| 2 |
Joint stock company is an Artificaial person created by |
- A. Law
- B. Federal Govt
- C. Registrar
- D. Employees
|
| 3 |
A prospectus for subscription of shares can be issued only by. |
- A. Public company
- B. A private company
- C. Both public and private company
- D. None of these
|
| 4 |
The person who take the initaiative in the matter of formation of a company are known as the. |
- A. Promoters
- B. Share holder
- C. Director
- D. Registered
|
| 5 |
The shares of public limited company are. |
- A. Not refundable
- B. Not tanserable
- C. Transferable
- D. No allotable
|
| 6 |
The face value of the share is also known as. |
- A. Book value
- B. Par value
- C. Market value
- D. None of these
|
| 7 |
The credit balacne of the retained earnings statement represents. |
- A. Undisturbed Profit
- B. Divided declared
- C. Profit distributed
- D. None of these
|
| 8 |
If the price required to be paid to the company for the share is more than nominal value of that share, it is called. |
- A. At discount
- B. At premium
- C. At par
- D. None of these
|
| 9 |
The documents which contains the rules and regulation for the internal management of the company is called. |
- A. Prospectus
- B. Articles of assocaition
- C. Memorandum of association
- D. Notice
|
| 10 |
A situation where a company receives more application than actual number of shares offered to the public for subscriptions is termed as. |
- A. Oversubscription
- B. Udner subscription
- C. No subscripition
- D. None of these
|
