Question # 1

What does a company get from the prospectus

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Capital

Fame

Registration

All the three

Modarba company is formed under:

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Modarba companies ordinance 1980

Modarba companies ordinance 1984

Modarba companies ordinance 1960

Modarba companies ordinance 1970

Which company requires a certificate of commencement:

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Public Company

Private Company

Chartered Company

All the above

The memorandum and articles of company are

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Two names of the same document

Two different documents

They are not documents

Both have the same objective

Which company can issue the shares to public

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Chartered company

Public ltd. company

Private company

All the above

The most important document of a company is:

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The memorandum

The articles

The prospectus

The accounts of company

On which type of shares a company gives the profit on preferential basis:

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Ordinary shares

Preference shares

Elementary shares

On all the three

What does a company get from the prospectus:

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Capital

Fame

Registration

All the three

The profit given to shareholder on their investment by a company is called:

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Debenture

Share

Dividend

Bonus

The debentures holders of the company are its:

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Workers

Managers

Directors

Creditors

Which company requires a certificate of commencement

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Public company

Private company

Chartered company

All the above

In case of cumulative preference shares, the profit if not paid for one year is

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Expired

Not expired

Included in company's capital

None of the above

Business can started after getting certificate of incorporation:

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Public company

Statutory company

Private company

All the above

The powers of directors and promoters are discussed in:

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MOA

AOA

Prospectus

All of these

A company established by the order of parliament of president is called:

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Government company

Chartered company

Statutory company

None of these

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Principle of Commerce Icom Part 1 English Medium Chapter 6 Online Test MCQs With Answers

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