Issue of shares (theory)
Authored by Revolution Academyy
Financial Education
12th Grade
Used 9+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company has ……………
(A) Separate Legal Entity
(B) Perpetual Existence
(C) Limited Liability
(D) All of the Above
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Shareholders are:
(A) Customers of the Company
(B) Owners of the Company
(C) Creditors of the Company
(D) None of these
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Who are the real owners of a company?
(A) Government
(B) Board of Directors
(C) Equity shareholders
(D) Debenture holders
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A Company is created by:
(A) Special act of the Parliament
(B) Companies Act
(C) Investors
(D) Members
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The liability of members in a Company is:
(A) Limited
(B) Unlimited
(C) Stable
(D) Fluctuating
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Liability of a shareholder is limited to ………………… of the shares allotted to him :
(A) Paid up Value
(B) Called up value
(C) Face value
(D) Reserve Price
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Maximum number of members in a private company is:
(A) 7
(B) 200
(C) 20
(D) No Limit
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