Question # 1

What is the major difference between the memorandum of Association and the Articles of Association?

Memorandum of Association is a subsidiary is primary document

There is no major difference between these too

Memorandum of Association is a primary document and Articles of Association is subsidiary document

Memorandum of Association is a secondary document and Articles of Association is subsidiary document

What are the two types of public limited company?

i) Company limited by guarantee ii) Company limited by public

i) Company limited by public ii) Company limited by shares

Company limited by guarantee ii) Company limited by shares

None of these

Trade and all those activities, related to the transfer of goods from producer to consumers are known as

Commerce

Business

Trade

Organization

What are called the share of a company on which fixed rate of dividend is paid before ordinary shares?

Preference shares

Limited shares

Unlimited shares

Dividend shares

What is called the part of authorized capital for which people are invited to purchase the shares?

Unpaid capital

Purchased capital

Issued capital

Reserved capital

What is called a company which has more than 50% shares of another company?

LLC

Public Limited company

Private Limited company

Holding company

NAT II Management Science Business Ethics MCQs With Answers