Advantages of company 14/02/2023

A joint stock company has a separate

• A). Legal entity

• B. Common seal

• C. Articles

• D. All of these

Which of the following is not a characteristic of a public company?

• A. Separate legal entity

• B. Unlimited liability

• C. Perpetual succession

• D. Common seal

A company is called an artificial person because

• A. It is invisible and intangible

• B. It exists only in contemplation of law

• C. It has no flesh and blood

• D. It does not have shape of human person

Perpetuity and legal entity are two important distinctive features of

• A. Partnership

• B. Sole proprietorship

• C. Company

• D. Joint Hindu family form

A holding company may have

• A. 5 Subsidiary companies only

• B. Less than 20 subsidiary companies

• C. Only 2 Subsidiary company

• D. Any number of subsidiary companies