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Question
Select the correct option and rewrite the sentence.
The liability of the shareholders in the joint Stock Company is ________.
Options
Limited
unlimited
restricted
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Solution
The liability of the shareholders in the joint Stock Company is Limited.
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Liability of member of a Co-operative Society is ________.
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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 |
Select the correct option:
| A | B |
| ______________ | Minimum 7 and maximum unlimited |
Answer in one sentence.
What is the meaning of Private Company?
Correct the underlined word and rewrite the following sentence.
In public company, shares are not freely transferrable
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.
Amul Dairy is an example of which form of organisation?
What advantage does a joint stock company have over other forms of private sector organisations?
