11th Principles of Commerce Chapter 5 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 5 Joint Stock Company (I) Test. Click the button for 100% free full practice test.

First Year Principles of Commerce Chapter 5 Online MCQ Test for 1st Year Principles of Commerce Chapter 5 (Joint Stock Company (I))

This online test contains MCQs about following topics:

Introduction, definition and evolution of Joint Stock company . Characteristics of J.S.C . Adavantages of J.S.C . Disadvantages of J.S.C . Comparison of differnet business organizations

ICOM Part 1 Commerce Ch. 5 Test
ic

First Year Principles of Commerce Chapter 5 Online MCQ Test for 1st Year Principles of Commerce Chapter 5 (Joint Stock Company (I))

Sr. # Questions Answers Choice
1 The minimum number of persons in a multi-members private company
  • A. Seven
  • B. Four
  • C. Two
  • D. Three
2 The audit of a public limited company is:
  • A. Not necessary
  • B. Necessary on yearly basis
  • C. After every three years
  • D. After every six months
3 Which type of business organization has separate legal status apart from shareholders:
  • A. A sole tradership
  • B. A partnership
  • C. Joint stock company
  • D. None of these
4 In Pakistan, Joint stock company is formed under
  • A. The ordinance of 1978
  • B. The ordinance of 1982
  • C. The ordinance of 1984
  • D. The ordinance of 1990
5 Which business organization can be dissolved through a legal procedure:
  • A. Sole tradership
  • B. Partnership
  • C. Joint Sock Company
  • D. None of these
6 Liability of shareholders in a joint stock company is:
  • A. Limited
  • B. Unlimited
  • C. None
  • D. All are correct
7 Which organization can be listed at stock exchange:
  • A. Partnership
  • B. Joint Sock Company
  • C. Sole proprietorship
  • D. All the above
8 Which business organization requires legal permission for commencement:
  • A. Sole tradership
  • B. Partnership
  • C. Joint Sock Company
  • D. None of these
9 The owners of a company are:
  • A. The employees of company
  • B. The debentureholders
  • C. The shareholders
  • D. The creditors
10 Which business organization requires legal permission for commencement
  • A. Sole tradership
  • B. Partnership
  • C. Joint stock company
  • D. None of these

Top Scorers of Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test

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14/15
01 Mins 55 Sec
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9/15
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Chapterwise Lists

Chapter Name Questions PDF File
Principle of Commerce Icom Part 1 English Medium Chapter 1 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 2 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 3 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 7 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 8 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 10 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 11 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 13 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 15 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 16 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 17 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 19 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 21 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 22 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 23 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 24 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 25 Online Test 15 Questions
Principle of Commerce Icom Part 1 English Medium Chapter 26 Online Test 15 Questions

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