Disadvantages of company law 15/02/23

A company is formed by

• A. Government

• B. Directors

• C. Promoters

• D.Owners

The word limited should appear after the name of

• A. Partnership

• B. Registered company

• C. Statutory company

• D. Chartered company

Deferred shares are generally issued to:

• A.Promoters

• B.Government

• C.General Public

• D.Managing agents

The minimum members in public limited company are:

• A. 4

• B. 2

• C. 8

• D.7

Share premium is shown in the balance sheet as an:

• A. Deducted from the asset side.

• B. Liability

• C. Deduction in paid up capital

• D. Asset

Share premium money can be used for:

• A.Issue of fully paid bonus shares

• B.Payment of debentures

• C.Payment of dividend

• D. Writing of good will