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प्रश्न
Briefly explain the following term: Artificial person
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उत्तर
By the term artificial person, we mean that a company is created as a separate legal entity under the law and is a juristic person. However, unlike human beings, a company, as an artificial person, cannot breathe or talk, cannot sign its documents and cannot negotiate with its customers. In contrast, like human beings, a company does have its own life that is truly independent of the life of its members. Hence, because of these dissimilarities and similarities, a company is regarded as an artificial person.
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संबंधित प्रश्न
State true or false.
The ownership and management is not separated in a Joint Stock Company.
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Group A
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Group B
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(a) Registration of a company
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(1) 24th December
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(b) E-business
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(2) One man one boss
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(c) World consumers’ Right Day
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(3) Giving direction
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(d) Principle of unity of command
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(4) One man many bosses
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(e) Controlling
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(5) Outsourcing.
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(6) 15th March
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(7) Optional
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(8) Electronic business
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(9) Taking corrective action
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(10) Compulsory
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Private Company and Public Company
Features of Multinational Companies.
Government companies are registered under special legislation.
The maximum number of members in a private limited company are ______.
Select the proper option from the options given below and rewrite the completed sentence.
The liability of the shareholders in the public limited joint stock company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum number of Directors in a public company are ________.
Distinguish between the following.
Private Limited company and Public limited company
Write short note on the following.
Features of Joint Stock company
State with reasons whether the following statement true or false.
A joint stock company can raise huge capital.
Write short answer of the following.
State merits of Joint Stock Company.
Write short answer of the following.
State demerits of Joint Stock company.
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Common seal
