[{"id":244322,"question":"A prospectus for subscription of shares can be issued only by.","choices":[{"text":"Public company","value":"A"},{"text":"A private company","value":"B"},{"text":"Both public and private company","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244321,"question":"The charter of the company containing the objects of whihc for company is being formed is called.","choices":[{"text":"Articles of association","value":"A"},{"text":"Prospectus","value":"B"},{"text":"Memorandum of associaton","value":"C"},{"text":"Notice","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244320,"question":"The documents which contains the rules and regulation for the internal management of the company is called.","choices":[{"text":"Prospectus","value":"A"},{"text":"Articles of assocaition","value":"B"},{"text":"Memorandum of association","value":"C"},{"text":"Notice","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244319,"question":"The person who take the initaiative in the matter of formation of a company are known as the.","choices":[{"text":"Promoters","value":"A"},{"text":"Share holder","value":"B"},{"text":"Director","value":"C"},{"text":"Registered","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244318,"question":"The shares of public limited company are.","choices":[{"text":"Not refundable","value":"A"},{"text":"Not tanserable","value":"B"},{"text":"Transferable","value":"C"},{"text":"No allotable","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244317,"question":"The powers of company are governed by the.","choices":[{"text":"Sharehoders","value":"A"},{"text":"Memorandum of association","value":"B"},{"text":"Prospectus","value":"C"},{"text":"Articles of association","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244316,"question":"The liability of the shareholder of a public limited company is.","choices":[{"text":"Unlimited","value":"A"},{"text":"Limited","value":"B"},{"text":"Compulsory","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244315,"question":"In case of private company minimum numebr of sharaeholders are.","choices":[{"text":"Six","value":"A"},{"text":"Seven","value":"B"},{"text":"Ten","value":"C"},{"text":"Two","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":244314,"question":"The maximum number of memebr in case of private limited comapny can be.","choices":[{"text":"Forty","value":"A"},{"text":"Fifty","value":"B"},{"text":"Sixty","value":"C"},{"text":"No restriction on maximum number","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244313,"question":"In case of public company minimum number of members is.","choices":[{"text":"Six","value":"A"},{"text":"Seven","value":"B"},{"text":"Ten","value":"C"},{"text":"Fifty","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244312,"question":"The maximum number of member in case of public limited company can be","choices":[{"text":"Forty","value":"A"},{"text":"Fifty","value":"B"},{"text":"Sixty","value":"C"},{"text":"No restriction on maximum number","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":244311,"question":"A company in which memebr gives a guarantee to contribute a specified sum to the company of its being wound up is called.","choices":[{"text":"Limited company","value":"A"},{"text":"Un limited company","value":"B"},{"text":"Company limited by guarantee","value":"C"},{"text":"Chartered company","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244310,"question":"The company formed by teh means of Royal Charter is called.","choices":[{"text":"Public limited company","value":"A"},{"text":"Private limited company","value":"B"},{"text":"Charterd company","value":"C"},{"text":"Registered company","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244309,"question":"Joint stock company is an Artificaial person created by","choices":[{"text":"Law","value":"A"},{"text":"Federal Govt","value":"B"},{"text":"Registrar","value":"C"},{"text":"Employees","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244308,"question":"The joint stock company is formed under companies ordiance.","choices":[{"text":"1984","value":"A"},{"text":"1974","value":"B"},{"text":"1884","value":"C"},{"text":"1962","value":"D"},{"value":"E"}],"correctAnswer":1}]