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HSC Commerce: Marketing and Salesmanship इयत्ता ११ वी - Maharashtra State Board Question Bank Solutions

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Select the correct answer from the options given below and rewrite the statement:

When a person buys shares of a company by filling up an application form, the person becomes a member by _________.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Select the correct answer from the options given below and rewrite the statement:

____________ means a person ceases being a member of the company of membership.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

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Select the correct answer from the options given below and rewrite the statement:

A member has the right to participate in General Meetings means, he has a right to ________

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Match the pairs:

Group ‘A’ Group ‘B’
a) Insane person 1) Transfer of shares by operation of law
b) Foreigner 2) Cannot be a member
c) Transmission of shares 3) Cessation of membership
d) Surrender of shares 4) To get copies of Auditor’s, Directors’ Report, etc.
e) Right of Members 5) Can be a Member
  6) To attend a board meeting
  7) Duties of member
  8) Surrendering all assets to the company
  9) Demand or claim money from the company
  10) Transfer of shares by order of Secretary
[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement:
End of membership of a person.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement:
A person whose name is entered in Register of Members.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement:
Book in which names of all members are entered.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Buying shares is the most common way to become a Member of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Both, individuals and body corporate can be members of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Legal competency to enter into contracts is one of the criteria to become a member of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Limited Liability Partnership cannot be a member of the company

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Members of the company can attend general and Board meetings of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Explain the following term/concept: Committee Meeting

[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined

Explain the following term/concept: Committee Meeting

[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

State whether the following statement is True or False:

Minor can be the member of the company

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

State whether the following statement is True or False:

Karta of HUF can be a member of the company.

[5] Members of a Company
Chapter: [5] Members of a Company
Concept: undefined >> undefined

Explain the following term/concept: Virtual Meeting

[8] Company Meetings - 2
Chapter: [8] Company Meetings - 2
Concept: undefined >> undefined

Explain the following term/concept: Virtual Meeting

[7] Company Meetings - 1
Chapter: [7] Company Meetings - 1
Concept: undefined >> undefined
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