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प्रश्न
A Joint Stock Company can raise huge capital.
उत्तर
This statement is True.
- A joint stock company is a voluntary association of individual for profit, having its capital divided into transferable shares, the ownership of which is the condition of membership.
- A company form of organisation can raise a large amount of capital because of large membership and also because of issue of shares to public.
- It also in a best possibility to borrow money from financial institution as it enjoys better credit worthiness.
- Thus, A joint stock company can raise large amount of funds by way of shares, debentures, public deposits, loans and advance from bank and financial institution. This is due to no limit in the membership of public limited company
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संबंधित प्रश्न
Indian Partnership Act was passed in the year...............................
In partnership the liability of partners of a firm is unlimited.
Write a word or a phrase or a term which can substitute the following.
A partner who gives his name to a partnership firm.
Write the word. or phrase or tenn which can substitute the following statement~:
The senior most family member of a Joint· Hindu family firm.
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Group 'A'
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Group 'B'
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a. Public Company
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1. Father of Scientific Management
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b. Henry Fayol
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2. Corrective action taking.
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c. Controlling
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3. Commercial bank
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d. Reserve Bank Of India. (R.B.I.)
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4. Withdrawal after fixed period of time.
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e. Fixed deposit account
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5. Maximum 50 members.
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6. Central Bank
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7. Unlimited members
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8. Father of modern management
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9. Taking action against employees
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10. Withdrawal before the fixed period of time.
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Define Partnership Firm and explain its features
Distinguish between the following.
Joint Hindu Family firm and Partnership
Feature of Partnership Firm?
State Whether the Following Statement Are True Or False (Give Reason).
A partnership agreement cen be verbal or written.
State Whether the Following Statement Are True Or False (Give Reason)
The liability of partners is limited.
State Whether the Following Statement Is True Or False (Give Reason).
The liability of the Karta is limited and that of coparceners is unlimited.
Explain the merits of partnership.
In which form of organisation is a trade agreement made by one owner binding on the others? Give reasons to support your answer.
The business assets of an organisation amount to Rs. 50,000 but the debts that remain unpaid are Rs. 80,000. What course of action can the creditors take if
(a) The organisation is a sole proprietorship firm
(b) The organisation is a partnership firm with Anthony and Akbar as partners. Which of the two partners can the creditors approach for repayment of debt? Explain giving reasons
The Partnership Act limits the maximum number of partners in a non-banking partnership firm to ______.
