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Statement I: A company enjoys a good reputation and prestige in the business world. Statement II: The membership of a public company is large and its ownership is generally diffused. - Commercial Applications

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प्रश्न

Statement I: A company enjoys a good reputation and prestige in the business world.

Statement II: The membership of a public company is large and its ownership is generally diffused.

विकल्प

  • Only I is correct.

  • Only II is correct.

  • Both I and II are correct.

  • Both I and II are wrong.

MCQ
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उत्तर

Both I and II are correct.

Explanation:

Statement I is correct because a company’s formal structure and legal registration help to give it a good reputation and prestige in the commercial world.

Statement II is also correct because a public company has a big membership and diffused ownership, with shares distributed among many shareholders.

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अध्याय 4: Ownership Structures - Joint Stock Company - EXERCISES [पृष्ठ ५३]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 4 Ownership Structures - Joint Stock Company
EXERCISES | Q I. 11. | पृष्ठ ५३
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