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Briefly explain the following term: Common seal - Business Studies

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Briefly explain the following term: Common seal

थोडक्यात उत्तर
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उत्तर

A company is an artificial entity that is created under the law. Unlike human beings, it cannot sign official documents. This is where the role of a common seal becomes important. A common seal is the official signature of a company that is used by its board of directors in almost all the important official documents. The presence of this seal authenticates the documents, and documents with a common seal can be provided as evidence in a court of law.

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पाठ 2: Forms of Business Organisation - Short Answer Questions [पृष्ठ ५६]

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एनसीईआरटी Business Studies [English] Class 11
पाठ 2 Forms of Business Organisation
Short Answer Questions | Q 6.2 | पृष्ठ ५६

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संबंधित प्रश्‍न

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20


State true or false.
The ownership and management is not separated in a Joint Stock Company.


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


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.
Registration of a 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 ________.


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


Distinguish between: Private Company and Public Company


Briefly explain the following term: Artificial person


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