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Commerce
Joint Stock Company
Quiz 2
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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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