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Worksheets

Shares 1

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

A company has

a)

Separate legal entity

b)

Perpetual existence

c)

Limited liability

d)

All of the above

2.

Shareholders are

a)

Customers of the company

b)

Owners of the company

c)

Creditors of the company

d)

None of these

3.

Who are the real owners of the company

a)

Government

b)

Board of directors

c)

Equity shareholders

d)

Debenture holders

4.

A company is created by

a)

Special act of the parliament

b)

Companies act

c)

Investors

d)

Members

5.

An artificial person created by the law is called

a)

Sole tradership

b)

Partnership form

c)

Company

d)

All of the above

6.

The liability of members in a company is

a)

Limited

b)

Unlimited

c)

Stable

d)

Fluctuating

7.

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

8.

Maximum number of members in a private company is

a)

7

b)

200

c)

20

d)

No limit

9.

Capital of a company is divided in units which is called

a)

Debenture

b)

Share

c)

Stock

d)

Bond

10.

Shareholders received from the company

a)

Interest

b)

Commission

c)

Profit

d)

Dividend