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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which business organization requires legal permission for commencement:
Choose an answer
Sole tradership
Partnership
Joint Sock Company
None of these
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Question # 2
The person who provide finance / capital to company are known as:
Choose an answer
Directors
Promoters
Shareholders
None of these
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Question # 3
joint stock company is that business organization which is
Choose an answer
Durable
Not ended
Not durable
None of these
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Question # 4
The persons who mange the affairs of company are called:
Choose an answer
The shareholders
The debentureholders
The promotors
The directors
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Question # 5
The audit of a public limited company is:
Choose an answer
Not necessary
Necessary on yearly basis
After every three years
After every six months
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Question # 6
Liability of shareholders in a joint stock company is:
Choose an answer
Limited
Unlimited
None
All are correct
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Question # 7
Maximum number of shareholders in a multi-members private company:
Choose an answer
Ten
Fifty
No limited
Twenty
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Question # 8
The minimum under of persons in a listed public company
Choose an answer
Seven
Eleven
Five
Two
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Question # 9
The persons who work for the formation of company are called
Choose an answer
The owners
The employees
Thew promoters
The directors
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Question # 10
Which type of business organization has separate legal status apart from shareholders:
Choose an answer
A sole tradership
A partnership
Joint stock company
None of these
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Question # 11
The persons who work for the formation of company are called:
Choose an answer
The owners
The employees
The promoters
The directors
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Question # 12
Maximum number of shareholders in a multi-members private company
Choose an answer
Ten
Fifty
No limited
Twenty
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Question # 13
Joint stock company is that business organizations which is:
Choose an answer
Durable
Not ended
Not durable
None of these
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Question # 14
The minimum number of persons in a multimembers private company:
Choose an answer
Seven
Four
Two
Three
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Question # 15
The minimum number of persons in a public ltd. company
Choose an answer
Thirty five
Fifty
Unlimited
Twenty
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