Shares 1

A company has

• Separate legal entity

• Perpetual existence

• Limited liability

• All of the above

Shareholders are

• Customers of the company

• Owners of the company

• Creditors of the company

• None of these

Who are the real owners of the company

• Government

• Board of directors

• Equity shareholders

• Debenture holders

A company is created by

• Special act of the parliament

• Companies act

• Investors

• Members

An artificial person created by the law is called

• Sole tradership

• Partnership form

• Company

• All of the above

The liability of members in a company is

• Limited

• Unlimited

• Stable

• Fluctuating

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

• Paid up value

• Called up value

• Face value

• Reserve price

Maximum number of members in a private company is

• 7

• 200

• 20

• No limit

Capital of a company is divided in units which is called

• Debenture

• Share

• Stock

• Bond

Shareholders received from the company

• Interest

• Commission

• Profit

• Dividend