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Question
Complete the sentence.
A company is a creation of law, hence it is called as ________
Solution
A company is a creation of law, hence it is called an Artificial person
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
State Bank of India is the example of _________ Company.
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Sole Trading concern | 1) 1932 |
| b) Joint Hindu Family Business | 2) Partner |
| c) Partnership Act | 3) Artificial person |
| d) Joint Stock Company | 4) 1923 |
| e) Co-operative Society | 5) Karta |
| 6) Natural person | |
| 7) Single Ownership | |
| 8) Equal voting rights | |
| 9) Multiple ownership | |
| 10) Minimum 9 members |
Match the pairs:
| Group ‘A’ | Group ‘B’ |
| a) Private company | 1) 51% share capital held by Government |
| b) Public company | 2) Bank of England |
| c) Government company | 3) Maximum 200 members |
| d) Statutory Company | 4) Minimum 7 members |
| e) Limited Liability Partnership | 5) Maximum 100 members |
| 6) Minimum 5 partners | |
| 7) 40% share capital | |
| 8) Minimum 5 members | |
| 9) Life Insurance Corporation | |
| 10) Minimum 2 partners |
Write a word or a term or a phrase which can substitute the following statement.
The senior most family member of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute the following statement.
An artificial person created by law.
Write a word or a term or a phrase which can substitute the following statement.
The persons who have entered into an agreement of partnership.
Write a word or a term or a phrase which can substitute the following statement.
A person who purchases shares of Joint Stock Company.
Write a word or a term or a phrase which can substitute the following statement.
The official signature of Joint Stock Company.
Write a word or a term or a phrase which can substitute the following statement.
Name a company that is created by a special legislation of parliament or state assembly.
State whether the following statement is True or False.
There is no separation of ownership and management in Joint Stock Company.
State whether the following statement is True or False.
The liability of shareholder of public limited company is limited.
State whether the following statement is True or False.
A joint stock company has long and stable life.
Answer in brief.
How is LLP different from a partnership firm?
Answer the following question:
State the features of Partnership firm
Answer the following question:
State the features of Limited Liability Partnership.
The members of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute the following statement.
The members of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute in the following statement.
The members of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute the following statement.
The members of Joint Hindu Family Business.
