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Question
Select the correct option form the bracket.
| Group A | Group B |
| ___________ | Can hold shares in the name of partners |
Options
Partnership firm
Cannot become a member of a company
Can become member of a company
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Solution
| Group A | Group B |
| Partnership firm | Can hold shares in the name of partners |
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
A person can be called as a Member when the name is entered in ________
Select the correct answer from the options given below and rewrite the statement:
A _______ cannot be a member of a company.
Select the correct answer from the options given below and rewrite the statement:
When a person buys shares of a company by filling up an application form, the person becomes a member by _________.
Select the correct answer from the options given below and rewrite the statement:
____________ means a person ceases being a member of the company of membership.
Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the company.
State whether the following statement is True or False:
Member of the company is conferred with several rights.
State whether the following statement is True or False:
Member is entitled to profits of the company when a dividend is declared.
Find the odd one:
Complete the sentence:
Members have a right to appoint and remove the __________
Answer in one sentence:
Which individuals cannot become a member of a company?
Correct the underlined word and rewrite the following sentence:
A Minor can be a member of a company.
Correct the underlined word and rewrite the following sentence:
Partnership Firm can be a member of a company.
Explain the following Term/Concept.
Member
Explain the following Term/Concept.
Transmission of Shares
Justify the following statement.
Subscribers to Memorandum of Association are the first members of the company.
Justify the following statement.
Nominee of the member of OPC becomes its member of the death of the member.
Justify the following statement.
Transfer of shares results in termination of membership.
Answer the following question:
Explain the circumstances when Member is not a shareholder and vice-versa.
