Question # 1

Which company requires a certificate of commencement:

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Public Company

Private Company

Chartered Company

All the above

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

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Debenture

Share

Dividend

Bonus

A public Ltd. company is included in the list of

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Business centre

Custom authorities

Stock exchange

Chamber of commerce

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

A company can sell its shares on the allowing prices:

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At par

At discount

At premium

All the above

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

The person who invests in a Modaraba company is called:

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Modarib

Capitalist

Rab-ul-mal

All are correct

What has to be bought in order to become shareholders of a company

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Shares

Debentures

Dividend

None of these

The most important document of a company is

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The memorandum

The articles

The prospectus

The accounts of company

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

The memorandum of company is prepared by:

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Specialist

Promoters

Experts

All the above

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Other Links

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

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