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12th Grade

10 Qs

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Assessment

Quiz

Professional Development

12th Grade

Medium

Created by

Harsimran Kaur

Used 81+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company has

Separate legal entity

Perpetual existence

Limited liability

All of the above

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Shareholders are

Customers of the company

Owners of the company

Creditors of the company

None of these

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Who are the real owners of the company

Government

Board of directors

Equity shareholders

Debenture holders

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company is created by

Special act of the parliament

Companies act

Investors

Members

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An artificial person created by the law is called

Sole tradership

Partnership form

Company

All of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The liability of members in a company is

Limited

Unlimited

Stable

Fluctuating

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Liability of a shareholder is limited to ........... of the shares allotted to him:

Paid up value

Called up value

Face value

Reserve price

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