E.O.B.

Members of Joint stock company are called?

• Partners

• Shareholders

• Directors

• Members

Maximum number of members in Public Limited company

• No limit

• 100

• 50

• 200

Maximum number of members in Public Limited company

• No limit

• 100

• 50

• 200

Minimum number of members in Private company

• 7

• 10

• 2

• 1

Which of the following is feature of Joint Stock Company?

• One man control

• Two or more person

• Service Motive

• Voluntary Association

Governing law for Joint Stock company

• Hindu succession Act

• Indian Companies Act

• Partnership Act

• Indian co-operative society Act

Management of Joint stock company is done by BOard of Directors elected by Shareholders.

• True

• False

• Partially True

• Partially False

Share holders and the company are

• Not related to each other

• Seperate

• Both are Same

Perpetual succession is a feature of :

• Limited Liability Partnership

• Sole Proprietorship

• Partnership

• Joint Stock Company

Meaning of the word 'Shares' ___________________

• Unit(s) of ownership in a company.

• Piece of paper

• Money