Advertisements
Advertisements
प्रश्न
Briefly explain the following term: Artificial person
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
The maximum number of member is a private company are ___________
a. 50
b. 40
c. 20
A company in which there are maximum 50 members.
Features of a Government company.
Private Company and Public Company
Features of Multinational Companies.
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 elected representatives of shareholders are called ________.
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
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 amount of paid up capital for public company is ________.
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.
Distinguish between: Private Company and Public Company
Briefly explain the following term: Perpetual succession
Briefly explain the following term: Common seal
