Q.1
Select one Disadvantage Of Joint Stock Company
  • Perpetual Existance
  • Transferability Of Shares
  • Delay In Decision Making
  • Large Expansion
Q.2
A Joint stock Company is regestered under
  • Statutory Act
  • Companies Act
  • Chartered Act
  • Partnership Act
Q.3
Minimum paid up capital of Private Company is
  • Minimum of 1 Lakh
  • Minimum of 2 Lakhs
  • Minimum Of 3 lakhs
Q.4
The one who undertakes to form a company taking steps to start a company is _______________
  • Promoter
  • None of these
Q.5
__________members can form a public limited company
  • 7
  • 10
  • 2
  • 5
Q.6
Share holders and the company are
  • Not related to each other
  • Seperate
  • Both are Same
Q.7
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
Q.8
Gives the owner the right to organize settlements in an area.
  • Indentured Servant
  • Burgesses
  • Salutary Neglect
  • Charter
Q.9
People who wanted to reform the Anglican Church
  • Separatists
  • Puritans
  • Indentured Servant
  • Charter
Q.10
Protestants who wanted to break away from the Anglican Church to found their own churches.
  • Indentured Servants
  • Joint Stock Company
  • Puritans
  • Separatists
Q.11
Far western edges of colonies that was "back" of the real country along the coast.
  • Joint Stock Company
  • Burgesses
  • Backcountry
  • Mercantilism
Q.12
Elected representatives to an assembly
  • Joint Stock Company
  • Burgesses
  • Separatists
  • Puritans
Q.13
A laborer who agrees to work with no pay for a period of time in exchange for passage to America.
  • Indentured Servant
  • Colony
  • Burgesses
  • Puritans
Q.14
Relaxed enforcement on trade laws imposed on colonies
  • Burgesses
  • Joint Stock Company
  • Charter
  • Salutary Neglect
Q.15
Economy where mother country establishes colonies as a source of raw materials and markets.
  • Joint Stock Company
  • Salutary Neglect
  • Mercantilism
  • Colony
Q.16
Investors buy shares in a company for a share in their profits
  • Indentured Servant
  • Charter
  • Joint Stock Company
  • Backcountry
Q.17
MoA includes
  • Main Objects
  • Other Objects
  • Both
Q.18
Which company needs to list its shares in stock exchanges
  • Public company
  • Private company
  • Government company
  • International company
Q.19
1st step in Company registration
  • Name reservation
  • MoA and AoA filing
  • Declarations
Q.20
Perpetual existence is a feature of
  • Joint Stock Company
  • Partnership
  • Sole Proprietor
  • HUF
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