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Question
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 ________
Options
Limited
Unlimited
Collective
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Solution
The liability of shareholders in the public limited joint stock company is Limited
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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 minimum number of members required for a co-operative society is ________
Select the correct answer from the options given below and rewrite the statement.
State Bank of India is the example of _________ Company.
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 |
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Private company | 1) 51% share capital held by Government |
| b) Public company | 2) Bank of England |
| c) Government company | 3) Maximum 200 members |
| d) Statutory Company | 4) Minimum 7 members |
| e) Limited Liability Partnership | 5) Maximum 100 members |
| 6) Minimum 5 partners | |
| 7) 40% share capital | |
| 8) Minimum 5 members | |
| 9) Life Insurance Corporation | |
| 10) Minimum 2 partners |
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.
Write a word or a term or a phrase which can substitute the following statement.
The persons who have entered into an agreement of partnership.
Write a word or a term or a phrase which can substitute the following statement.
A person who purchases shares of Joint Stock Company.
State whether the following statement is True or False.
Registration of Joint Stock Company is compulsory.
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.
Complete the sentence.
A company which is incorporated under a special Act is called as ________
Select the correct option form the bracket.
| Group ‘A’ | Group ‘B’ |
| Private company | ___________ |
Select the correct option form the bracket.
| Group ‘A’ | Group ‘B’ |
| Public company | ___________ |
Answer in brief.
How is LLP different from a partnership firm?
Answer the following question:
State the features of Limited Liability Partnership.
Answer the following question:
Explain any four types of companies.
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 in the following statement.
The members of Joint Hindu Family Business.
