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Question
Complete the sentence.
A company is a creation of law, hence it is called as ________
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Solution
A company is a creation of law, hence it is called an Artificial person
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
A sole proprietorship has _______ owner/owners.
Select the correct answer from the options given below and rewrite the statement.
The liability of shareholders in the public limited joint stock company is ________
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Sole Trading concern | 1) 1932 |
| b) Joint Hindu Family Business | 2) Partner |
| c) Partnership Act | 3) Artificial person |
| d) Joint Stock Company | 4) 1923 |
| e) Co-operative Society | 5) Karta |
| 6) Natural person | |
| 7) Single Ownership | |
| 8) Equal voting rights | |
| 9) Multiple ownership | |
| 10) Minimum 9 members |
Write a word or a term or a phrase which can substitute the following statement.
The senior most family member of Joint Hindu Family Business.
State whether the following statement is True or False.
A joint stock company is a formal form of business organization.
State whether the following statement is True or False.
There is no separation of ownership and management in Joint Stock Company.
State whether the following statement is True or False.
The liability of shareholder of public limited company is limited.
State whether the following statement is True or False.
A joint stock company has long and stable life.
Complete the sentence.
A company which is incorporated under a special Act is called as ________
Complete the sentence.
A listed company is must follow the provisions of Companies Act and ________
Select the correct option form the bracket.
| Group ‘A’ | Group ‘B’ |
| Private company | ___________ |
Select the correct option form the bracket.
| Group ‘A’ | Group ‘B’ |
| Incorporated Outside India | ______________ |
Answer in brief.
How is LLP different from a partnership firm?
Answer in brief.
Explain the different types of companies on the basis of the liabilities of members.
Answer the following question:
State the features of sole trading concern.
State the features of Joint Hindu Family Business.
Answer the following question:
Define Joint Stock Company and explain its feature.
Write a word or a term or a phrase which can substitute the following statement.
The members of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute of the following statement.
The members of Joint Hindu Family Business.
