Question # 1

The debentures holders of the company are its:

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Workers

Managers

Directors

Creditors

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

Shares issued to promoter are called:

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Ordinary shares

Preference shares

Deferred shares

None of these

Which company requires a certificate of commencement:

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Public Company

Private Company

Chartered Company

All the above

Which company requires a certificate of commencement

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Public company

Private company

Chartered company

All the above

Holding company is a company which has:

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No shares of other company

Less than 50% shares of other company

More than 50% shares of other company

50% shares of other company

A government company can be registered as:

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Private company

Public company

No need of registration

First two are correct

A company in which at least 51% shares are held by the govt. is called:

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Chartered company

Public company

Statutory company

Government company

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

What does a company issue to get loan from the public:

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Shares

Debentures

Dividend

All of these

What does a company get from the prospectus

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Capital

Fame

Registration

All the three

The memorandum of company is prepared by

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Registrar

The promoters

The experts

The employees

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

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