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Question
State whether the following statement is True or False.
Board of Directors manage the Company.
Options
True
False
Solution
True
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
A sole proprietorship has _______ owner/owners.
Select the correct answer from the options given below and rewrite the statement.
Indian Partnership Act was passed in the year ________
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 |
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The owner who is the sole manager and decision maker of his business.
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.
The members of Joint Hindu Family Business.
Write a word or a term or a phrase which can substitute the following statement.
A person who purchases shares of Joint Stock Company.
State whether the following statement is True or False.
A joint stock company is voluntary association of persons.
State whether the following statement is True or False.
A joint stock company is a formal form of business organization.
State whether the following statement is True or False.
Registration of Joint Stock Company is compulsory.
State whether the following statement is True or False.
A Joint Stock Company does not enjoy independent legal status.
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.
Complete the sentence.
A company which is incorporated under a special Act is called as ________
Correct the underlined word and rewrite the following sentence.
Statutory companies are registered under the Companies Act.
Answer in brief.
Explain the different types of companies on the basis of the liabilities of members.
Answer the following question:
Define Joint Stock Company and explain its feature.
Answer the following question:
Define a ‘company’. Explain the types of companies on the basis of the liability of members.
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.
