Advantages of company 14/02/2023
Authored by Ragupathi P
Arts
University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A joint stock company has a separate
A). Legal entity
B. Common seal
C. Articles
D. All of these
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Perpetuity and legal entity are two important distinctive features of
A. Partnership
B. Sole proprietorship
C. Company
D. Joint Hindu family form
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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