Question # 1

The documents which contains the rules and regulation for the internal management of the company is called.

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Prospectus

Articles of assocaition

Memorandum of association

Notice

The maximum number of member in case of public limited company can be

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Forty

Fifty

Sixty

No restriction on maximum number

A situtation where a company receives a application for a less number of shares than offered to the public for subscription is termed as.

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Under subscription

Over subscription

General subscription

Above subscription

Kind of company is.

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2

3

4

5

The face value of the share is also known as.

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Book value

Par value

Market value

None of these

The dividend paid to the shareholders during the finaincial year is.

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Final dividend

Interim divident

Unclaimed divident

Proposed dividend

Ordinary shares are also known as.

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Equity shares

Deffered shares

Bonus shares

Preference shares

The amount of share capital which a company is authroxzed to raise is called.

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Subscribed capital

Issued capital

Authorized capital

Paid up capital

The person who take the initaiative in the matter of formation of a company are known as the.

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Promoters

Share holder

Director

Registered

Dividend is calculated on.

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Registered capital

Issue Capital

Paid up Capital

Subscribed Capital

Registered company is

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2

3

4

5

Joint stock company is an Artificaial person created by

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Law

Federal Govt

Registrar

Employees

If the price required to be paid to the company for the share is equal to the nominal value of that share it is called.

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At discount

At premium

At par

None of these

A certificat issue by the company under its seal acknowledging a debt due by it to its holder, is called.

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Debenture

Certificate of commencement

Acknowledge certificate

Noen of these

The document which contains the fundamental conditions of incorporation and the obejedcts for which the company was formed is called.

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Memorandum of association

Article of association

Prospectus

None of he above

The powers of company are governed by the.

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Sharehoders

Memorandum of association

Prospectus

Articles of association

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