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Question
Select the proper option from the options given below and rewrite the completed sentence.
A joint stock company is an Artificial person created by ________.
Options
law
public
directors
Solution
A joint stock company is an artificial person created by law.
Explanation:
A joint stock company is an artificial person created by the law. It cannot be seen physically but it has a name, it uses the common seal in place of its signature and it can enter into contracts.
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RELATED QUESTIONS
The maximum number of member is a private company are ___________
a. 50
b. 40
c. 20
Distinguish between Private Company and Public Company.
State true or false.
The ownership and management is not separated in a Joint Stock 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.
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A company which is incorporated under Special Act of Parliament.
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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.
The minimum numbers of persons required for the registration of a private company is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum number of Directors in a public company are ________.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum amount of paid up capital for public company is ________.
Write short note on the following.
Features of Joint Stock company
State with reasons whether the following statement true or false.
A joint stock company can raise huge capital.
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