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Select the correct answer from the options given below and rewrite the statement: A _______ cannot be a member of a company. - Secretarial Practice

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Question

Select the correct answer from the options given below and rewrite the statement:

A _______ cannot be a member of a company.

Options

  • Foreigner

  • Woman

  • Minor

MCQ

Solution

Minor cannot be a member of a company.

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Members of a Company
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Chapter 5: Members of a company - Exercise Q.1 [Page 73]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 5 Members of a company
Exercise Q.1 | Q 1.3 | Page 73

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement:

________ is a person whose name is entered in the Register of Members.


Select the correct answer from the options given below and rewrite the statement:

A person can be called as a Member when the name is entered in ________


Write a word or a term or a phrase which can substitute the following statement:
A person whose name is entered in Register of Members.


Write a word or a term or a phrase which can substitute the following statement:
Becoming a member of a company.


Write a word or a term or a phrase which can substitute the following statement:
The subscribers of this document are considered as Members of the company.


State whether the following statement is True or False:

Buying shares is the most common way to become a Member of the company.


State whether the following statement is True or False:

Both, individuals and body corporate can be members of the company.


State whether the following statement is True or False:

Member of the company is conferred with several rights.


Find the odd one:


Complete the sentence:

In case of death or insolvency of a member, he will cease to be a __________


Complete the sentence:

Members have a right to appoint and remove the __________


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?


Explain the following Term/Concept.

Member


Justify the following statement.

Member and Shareholder are interchangeable terms.


Justify the following statement.

Transfer of shares results in termination of membership.


Answer the following question:

Explain the circumstances when Member is not a shareholder and vice-versa.


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