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Question
Give one word/phrase/term.
An organization which is service-oriented.
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Solution
Co-operatives Society.
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The motto of the co-operative society.
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The liability of the shareholders in the joint Stock Company is ________.
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A Joint Stock Company is an artificial person created by ________.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| A) Private Company | 1) Karta |
| B) Public Company | 2) Local Market |
| C) Common Seal | 3) 1932 |
| D) Partnership Act | 4) Maximum 200 members |
| E) Joint Hindu Family Firms | 5) One Man Show |
| 6) Minimum Seven members | |
| 7) Minimum 10 members | |
| 8) Signature of Company | |
| 9 ) Maximum 100 members | |
| 10) Manager |
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| A | B |
| Minimum 2 and maximum 200 | _____________ |
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| A | B |
| Minimum 10 and maximum no limit | _____________ |
Answer in one sentence.
What is the meaning of Private Company?
Correct the underlined word and rewrite the following sentence.
In Private Company, there are minimum 3 (Three) directors.
Distinguish between Private Limited Company and Public Limited Company.
Justify the following statement.
Shares of Private Limited Company are not freely transferable.
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