11th Class Principles of Commerce Chapter 5 Joint Stock Company I Short Question Preparation

11th Class Principles of Commerce

Start Chapter 5 Test

11th Class Principles of Commerce Chapter Wise Preparation

Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter14
Chapter15
Chapter16
Chapter17
Chapter 18
Chapter 19
Chapter20
Chapter21
Chapter22
Chapter23
Chapter24
Chapter25
Chapter26

Online Short Questions For Chapter 5 "11th Class Principle of Commerce Chapter 5 Short Questions Preparation "

Try The Short Questions For 11th Class Principle of Commerce Chapter 5 Short Questions Preparation

Total Questions10
Available Sets1

Start Test Download PDF

Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 5 Short Questions Preparation

Question # 1

What is meant by the common seal of a joint stock company.

Ans 1: A joint stock company cannot sign itself. A common seal with the name of the company is used as the substitute of its signature.

Question # 2

Stat any five properties of a joint stock company.

Ans 1: i- Separate legal entity ii- Democratic style iii- Long life
Ans 2: iv- Limited liability v- Easy transfer of shares.

Question # 3

From where a jont stock company obtians capital for starrting business.

Ans 1: A jont stock company mobilizes a large portion of its capital by issuing shares, for this purpose a pulic company cna issue its propectus to general public whilst private company cannot issue the shares to general public.

Question # 4

Defie the jont stock company.

Ans 1: "It is an incorporated association enjoys the advantage of having a large number of memebrs who contribute money to a common pool for running largte undertaking The intrest or share of each memebr scan be purchased, sold and trasferred without he consetn of other memebrs.

Question # 5

State the numebr of shareholders in a joint stock company.

Ans 1: In case of a multi memebrs private limited company minimum number of members shuld be two and maximum fifty whilst in a listed public limited company minimum memebrs should be seven but there is no limit on maximum number of members

Question # 6

Explain the organizatonal structure of a joint stock company.

Ans 1: The managment of the company is entrusted to the board of directors elected by theshareholders shareholders are not allowed to participate directly the affairs of management.

Question # 7

How does a joint stock company provide difference investment opportunities

Ans 1: The company issues ordinary and preferred shares to those investors who want to share teh profit or loss of the business and issue debentures to those investing who want to recive interest at fixed rate.

Question # 8

Write down any five disadvantages of a joint stock company.

Ans 1: i- Monopoly ii- Late decisions iii- Lack of secrecy
Ans 2: iv- Difficulty informatoin v- Double taxation

Question # 9

What is meant by limited liability of the shareholders in a jjoint stock company.

Ans 1: In joint stock company, the liability of the shareholders is limited to the extent of shares purchased by them. It menas the private property of shareholders cannot be used for the loss of company.

Question # 10

State any five advantages of a joint stock company.

Ans 1: i- Large capital ii- Limited liability iii- Experts services
Ans 2: iv- Long life v- Large scale production.

Submit

Prepare Complete Set Wise Questions For Chapter 5 "11th Class Principle of Commerce Chapter 5 Short Questions Preparation "

Set 1

10 Questions
Start

11th Class Principle of Commerce Chapter 5 Short Questions Preparation - Set 1

Question # 1

What is meant by the common seal of a joint stock company.

Ans 1: A joint stock company cannot sign itself. A common seal with the name of the company is used as the substitute of its signature.

Question # 2

Stat any five properties of a joint stock company.

Ans 1: i- Separate legal entity ii- Democratic style iii- Long life
Ans 2: iv- Limited liability v- Easy transfer of shares.

Question # 3

From where a jont stock company obtians capital for starrting business.

Ans 1: A jont stock company mobilizes a large portion of its capital by issuing shares, for this purpose a pulic company cna issue its propectus to general public whilst private company cannot issue the shares to general public.

Question # 4

Defie the jont stock company.

Ans 1: "It is an incorporated association enjoys the advantage of having a large number of memebrs who contribute money to a common pool for running largte undertaking The intrest or share of each memebr scan be purchased, sold and trasferred without he consetn of other memebrs.

Question # 5

State the numebr of shareholders in a joint stock company.

Ans 1: In case of a multi memebrs private limited company minimum number of members shuld be two and maximum fifty whilst in a listed public limited company minimum memebrs should be seven but there is no limit on maximum number of members

Question # 6

Explain the organizatonal structure of a joint stock company.

Ans 1: The managment of the company is entrusted to the board of directors elected by theshareholders shareholders are not allowed to participate directly the affairs of management.

Question # 7

How does a joint stock company provide difference investment opportunities

Ans 1: The company issues ordinary and preferred shares to those investors who want to share teh profit or loss of the business and issue debentures to those investing who want to recive interest at fixed rate.

Question # 8

Write down any five disadvantages of a joint stock company.

Ans 1: i- Monopoly ii- Late decisions iii- Lack of secrecy
Ans 2: iv- Difficulty informatoin v- Double taxation

Question # 9

What is meant by limited liability of the shareholders in a jjoint stock company.

Ans 1: In joint stock company, the liability of the shareholders is limited to the extent of shares purchased by them. It menas the private property of shareholders cannot be used for the loss of company.

Question # 10

State any five advantages of a joint stock company.

Ans 1: i- Large capital ii- Limited liability iii- Experts services
Ans 2: iv- Long life v- Large scale production.

Submit

11th Class Principles of Commerce Chapter 5 Short Questions Preparation

Short Questions
I.Com

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

11th Class Principles of Commerce Chapter 5 Joint Stock Company I Short Question Preparation

11th Class Principles of Commerce

11th Class Principles of Commerce Chapter Wise Preparation

Online Short Questions For Chapter 5 "11th Class Principle of Commerce Chapter 5 Short Questions Preparation "

Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 5 Short Questions Preparation

What is meant by the common seal of a joint stock company.

Stat any five properties of a joint stock company.

From where a jont stock company obtians capital for starrting business.

Defie the jont stock company.

State the numebr of shareholders in a joint stock company.

Explain the organizatonal structure of a joint stock company.

How does a joint stock company provide difference investment opportunities

Write down any five disadvantages of a joint stock company.

What is meant by limited liability of the shareholders in a jjoint stock company.

State any five advantages of a joint stock company.

Prepare Complete Set Wise Questions For Chapter 5 "11th Class Principle of Commerce Chapter 5 Short Questions Preparation "

Set 1

11th Class Principle of Commerce Chapter 5 Short Questions Preparation - Set 1

What is meant by the common seal of a joint stock company.

Stat any five properties of a joint stock company.

From where a jont stock company obtians capital for starrting business.

Defie the jont stock company.

State the numebr of shareholders in a joint stock company.

Explain the organizatonal structure of a joint stock company.

How does a joint stock company provide difference investment opportunities

Write down any five disadvantages of a joint stock company.

What is meant by limited liability of the shareholders in a jjoint stock company.

State any five advantages of a joint stock company.

11th Class Principles of Commerce Chapter 5 Short Questions Preparation

Is this page helpful?