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प्रश्न
Briefly explain the following term: Artificial person
उत्तर
By the term artificial person, we mean that a company is created as a separate legal entity under the law and is a juristic person. However, unlike human beings, a company, as an artificial person, cannot breathe or talk, cannot sign its documents and cannot negotiate with its customers. In contrast, like human beings, a company does have its own life that is truly independent of the life of its members. Hence, because of these dissimilarities and similarities, a company is regarded as an artificial person.
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संबंधित प्रश्न
Distinguish between Private Company and Public Company.
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Group A
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Group B
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(a) Registration of a company
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(1) 24th December
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(b) E-business
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(2) One man one boss
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(c) World consumers’ Right Day
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(3) Giving direction
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(d) Principle of unity of command
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(4) One man many bosses
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(e) Controlling
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(5) Outsourcing.
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(6) 15th March
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(7) Optional
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(8) Electronic business
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(9) Taking corrective action
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(10) Compulsory
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A company in which there are maximum 50 members.
Features of a Government company.
A company which is incorporated under Special Act of Parliament.
Government companies are registered under special legislation.
Select the proper option from the options given below and rewrite the completed sentence.
The maximum number of members in a private limited company are ________
Select the proper option from the options given below and rewrite the completed sentence.
The elected representatives of shareholders are called ________.
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
Select the proper option from the options given below and rewrite the completed sentence.
Registration of a Joint stock company is ________.
Distinguish between the following.
Private Limited company and Public limited company
Write short answer of the following.
State merits of Joint Stock Company.
Write short answer of the following.
State demerits of Joint Stock company.
Distinguish between: Private Company and Public Company
State the important privileges available to a private company.
Briefly explain the following term: Perpetual succession
Briefly explain the following term: Common seal
