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Question
Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.
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Solution
Acquisition of Membership
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement:
A _______ cannot be a member of a company.
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When a person buys shares of a company by filling up an application form, the person becomes a member by _________.
State whether the following statement is True or False:
Buying shares is the most common way to become a Member of the company.
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Both, individuals and body corporate can be members of the company.
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Legal competency to enter into contracts is one of the criteria to become a member of the company.
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Member is entitled to profits of the company when a dividend is declared.
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Find the odd one:
Complete the sentence:
In case of death or insolvency of a member, he will cease to be a __________
Select the correct option form the bracket.
| Group A | Group B |
| Co-operative | ___________ |
Answer in one sentence:
What is the common way of becoming 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.
Justify the following statement.
A Foreigner can invest in shares of an Indian company.
Justify the following statement.
Insolvent person ceases to be the Member of the company.
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Subscribers to Memorandum of Association are the first members of the company.
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Nominee of the member of OPC becomes its member of the death of the member.
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Members of company are entitled to several rights.
Justify the following statement.
Members of the company have some fundamental corporate decision-making rights.
Answer the following question:
Explain the circumstances when Member is not a shareholder and vice-versa.
