NAT II Management Science Business Ethics With Answers

NAT II Management Science Business Ethics

Sr. # Questions Answers Choice
1 Name any one major difference between the Public Company and Private Company? A public company cannot issue prospectus to invite public for purchase of shares while private company can issue prospectus There is not major difference between these two A Public company can issue prospectus to invite public for purchase of shares while private company cannot issue propectus None of these
2 What is called a company which has more than 50% shares of another company? LLC Public Limited company Private Limited company Holding company
3 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
4 Define Articles of Association? Rules and regulations of subordinate to memorandum of association that deal with the external management company Rules and regulations subordinate to memorandum of association that deal with the internal management company Rules and regulations subordinate to memorandum of association that deal with the internal and external management company None of these
5 What is called the document that sets the constitution of the company and as such the foundation upon which the structure of the company is laid? Articles of Association Articles of Corporation Memorandum of Association Corporate Identity
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