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WorksheetsJoint Stock Company
Total questions: 13
Worksheet time: 8mins
The Legal Status Of the A Joint Stock Company Under the Law
A recognised enterprise
Profit sharing association
An artificial Person
Place to spend money
Share holders and the company are
Not related to each other
Seperate
Both are Same
Liability od Share holder is
Unlimited
Limited
Is decided at the time of winding Up
The Shares Of the company can be transferred
With the permission of the company
Consent of Board Of Directors
On discretion of Shareholders
After a fixed period of time it has to be transfered
Private Company can start the work after getting
Certificate of Incorporation
Certificate of Commencement of Business
Issuing Share capital
Soon after signing the agreement
joint Stock Company can
Limited sources
Moderate Resources
Large resources
A Private company can be started by (a) members
(a) members can form a public limited company
In Jpimt Stock Company the risk is distributed among the share holders
True
False
Select one Disadvantage Of Joint Stock Company
Perpetual Existance
Transferability Of Shares
Delay In Decision Making
Large Expansion
Minimum paid up capital of Private Company is
Minimum of 1 Lakh
Minimum of 2 Lakhs
Minimum Of 3 lakhs
The one who undertakes to form a company taking steps to start a company is (a)
A Joint stock Company is regestered under
Statutory Act
Companies Act
Chartered Act
Partnership Act
