हिंदी

Briefly explain the following term: Perpetual succession - Business Studies

Advertisements
Advertisements

प्रश्न

Briefly explain the following term: Perpetual succession

संक्षेप में उत्तर
Advertisements

उत्तर

It implies that a company will continue to exist until and unless it is forced by the law to wind up. This implies that a company, as a separate legal entity, cannot come to an end by itself and will continue to operate forever. It will not cease to exist even in situations such as death, retirement or insolvency of any of its members—that is, a company will continue to operate even if all its members die.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Forms of Business Organisation - Short Answer Questions [पृष्ठ ५६]

APPEARS IN

एनसीईआरटी Business Studies [English] Class 11
अध्याय 2 Forms of Business Organisation
Short Answer Questions | Q 6.1 | पृष्ठ ५६

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20


Group A
Group B
(a) Registration of a company
(1) 24th December
(b) E-business
(2) One man one boss
(c) World consumers’ Right Day
(3) Giving direction
(d) Principle of unity of command
(4) One man many bosses
(e) Controlling
(5) Outsourcing.
 
(6) 15th March
 
(7) Optional
 
(8) Electronic business
 
(9) Taking corrective action
 
(10) Compulsory

A company in which there are maximum 50 members.


Features of a Government company.


 Private Company and Public Company


​A company which is incorporated under Special Act of Parliament.


Features of Multinational Companies.


 Government companies are registered under special legislation.


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 elected representatives of shareholders are called ________.


Select the proper option from the options given below and rewrite the completed sentence.
The minimum numbers of persons required for the registration of a private 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 ________.


State with reasons whether the following statement true or false.

A joint stock company can raise huge capital.


Distinguish between: Private Company and Public Company


Briefly explain the following term: Common seal


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×