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Company Basic Concepts
Property of the company belongs to:
Company
Shareholders
Members
Promoters
Author:
rikazzz
Comment
Company Basic Concepts
Maximum no. of persons in case of partnership banking business ________
10
20
30
5
Author:
rikazzz
Comment
Company Basic Concepts
Generally company liability is:
Limited
Unlimited
Situation does not arise
None of these
Author:
rikazzz
Comment
Company Basic Concepts
Minimum no. of Directors in case of private company is ________
1
2
4
4
Author:
rikazzz
Comment
Company Basic Concepts
Generally partnership firm liability is:
Limited
Unlimited
Situation does not arise
None of these
Author:
rikazzz
Comment
Company Basic Concepts
Generally rights and obligations of the company are regulated in:
A.O.A
M.O.A
Partnership deed
None of these
Author:
rikazzz
Comment
Company Basic Concepts
The company’s nationality is decided by its:
Shareholders
Registered office
Place at books of accounts are kept
None of these
Author:
rikazzz
Comment
Company Basic Concepts
IN case of partnership firm audit is:
Compulsory
Optional
None of these
A and b
Author:
rikazzz
Comment
Company Basic Concepts
Minimum paid up share capital in case of public company is ________
1 lakh
3 lakh
5 lakh
7 lakh
Author:
rikazzz
Comment
Company Basic Concepts
Which company shares can be freely transferable?
Private company
Public Company
Both A and B
None of these
Author:
rikazzz
Comment
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