Advertisements
Advertisements
Question
Briefly explain the following term: Common seal
Advertisements
Solution
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.
APPEARS IN
RELATED QUESTIONS
The maximum number of member is a private company are ___________
a. 50
b. 40
c. 20
Distinguish between Private Company and Public Company.
A company in which there are maximum 50 members.
Features of a Government company.
Private Company and Public Company
Government companies are registered under special legislation.
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.
Registration of a Joint stock company is ________.
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 ________.
Distinguish between the following.
Private Limited company and Public limited company
State with reasons whether the following statement true or false.
A joint stock company can raise huge capital.
Write short answer of the following.
State merits of Joint Stock Company.
Distinguish between: Private Company and Public Company
Briefly explain the following term: Perpetual succession
Briefly explain the following term: Artificial person
