Question # 1

The owner wquity in a company is commonly called.

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Shareholder equity

promotors equity

Directors equity

None of these

Equity share holders are.

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Creditors

Owners

Customers of the company

Debtors of the company

The maximum number of memebr in case of private limited comapny can be.

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Forty

Fifty

Sixty

No restriction on maximum number

The liability of the shareholder of a public limited company is.

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Unlimited

Limited

Compulsory

None of these

The debentures which are payable to bearere, are termed as.

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None transfereble

Registered debentures

Bearer debentures

Non - bearere debentures

The loss prior to the date of incorporation of a company is.

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Revenue loss

Capital loss

Liability

None of these

Interest on dividend is paid.

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At the end of financial period

During the fiancancial year

At the time of incorporation

At the time of winding of company

The person who take the initaiative in the matter of formation of a company are known as the.

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Promoters

Share holder

Director

Registered

A certificat issue by the company under its seal acknowledging a debt due by it to its holder, is called.

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Debenture

Certificate of commencement

Acknowledge certificate

Noen of these

A situation where a company receives a application for a large number of shares than offered to the public for subscription is termed as.

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Under subscription

Over subscription

General subscription

Above subscription

A person who purchases the share of the company becomes its.

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Share holder

Debenture holder

Under writer

Promoter

A company comes into existence when the registrar issue the

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Prospectus

Certificate of incorporation

statement in Lieu of prospectus

Companies ordinance

The rules and regulation foverning the internal management and administration of the company are called.

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Memorandum of assocaition

Articles of association

Prospectus

None of these

The joint stock company is formed under companies ordiance.

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1984

1974

1884

1962

The dividend paid to the shareeholders duirng the financial year is.

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Redeemable debentures

Irredeemable debentures

Repayable debebtures

None of these

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