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6 questions · timed · auto-graded

MCQ 11 Mark
Shares that are given as consideration to the service provider of the company
  • A
    do not acquire membership
  • B
    are offered post of the Manager
  • acquire Membership
  • D
    acquire partial membership
Answer
Correct option: C.
acquire Membership
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MCQ 21 Mark
Which document is issued by the company to collect capital?
  • A
    Memorandum of Association
  • B
    Articles of Association
  • Prospectus
  • D
    Share certificate
Answer
Correct option: C.
Prospectus
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MCQ 31 Mark
With whom will the company communicate in case of joint share holding?
  • With the first shareholder
  • B
    With all the shareholders
  • C
    With the second holder
  • D
    With the last holder
Answer
Correct option: A.
With the first shareholder
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MCQ 41 Mark
Sweat equity shareholders $..........$
  • A
    do not get membership
  • get membership
  • C
    get partial membership
  • D
    membership is suspended
Answer
Correct option: B.
get membership
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MCQ 51 Mark
Members of a partnership firm may acquire membership of company
  • can be Member
  • B
    Firm and partners can be member joinly
  • C
    can not be member
  • D
    only firm can acquire
Answer
Correct option: A.
can be Member
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MCQ 61 Mark
Which clause of Memorandum of Association is to be signed to be considered as Member?
  • A
    Capital Clause
  • B
    Objetive Clause
  • Subscription Clause
  • D
    Libaiity Clause
Answer
Correct option: C.
Subscription Clause
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MCQ - SPCC STD 12 Commerce Questions - Vidyadip