Question # 1

The value of the share as quoted on the stock exchange is said to be

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Par value

Book value

Cost value

Market value

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 face value of the share is also known as.

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Book value

Par value

Market value

None of these

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 person who purchases the share of the company becomes its.

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Share holder

Debenture holder

Under writer

Promoter

Premium on issue of share is a.

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Capital profit

Business loss

Revenue profit

Revenue loss

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

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Redeemable debentures

Irredeemable debentures

Repayable debebtures

None of these

The part of the issued capital which has been taken up or subscribed by the public is called

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Issued capital

Authorized capital

Subscribed capital

Paid up capital

The shares of public limited company are.

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Not refundable

Not tanserable

Transferable

No allotable

A situtation where a company receives a application for a less 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

The charter of the company containing the objects of whihc for company is being formed is called.

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Articles of association

Prospectus

Memorandum of associaton

Notice

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

The powers of company are governed by the.

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Sharehoders

Memorandum of association

Prospectus

Articles of association

Equity share holders are.

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Creditors

Owners

Customers of the company

Debtors of the company

Registered company is

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2

3

4

5

The debentures which does not carry any charges o the assets of the company.

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Simple debentures

Mortagage debentures

Redeemable debentures

None of these

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