Business Services — Business Studies STD 11 Commerce — Question

Who are called the owners of a company?

Give any one point of difference between ethics and law.

Stages in the formation of a public company are in the following order:

1. Promotion, Commencement of Business, Capital Subscription, Incorporation.
2. Incorporation, Capital Subscription, Promotion.
3. Promotion, Incorporation, Capital Subscription.
4. Capital Subscription, Promotion, Incorporation.

True/False Answer Questions.
If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

Identify the service that is related with the obga accepting and lending of funds.

Which concept is related with the outsourcing services that require expertise of higher order?

True/False Answer Questions.
Experts who help promoters in the promotion of a company are also called promoters.

Give a point of distinction between debentures and shares.

True/False Answer Questions.
Statement in lieu of prospectus can be filed by a public company going for a public issue.

Mention any two functions of retailers.