Question # 1

Pick the correct statement:

Registration of Partnership is not mandatory according to partnership Act 1935.

Registration of Partnership is mandatory according to partnership Act 1935

Registration of Partnership is not mandatory according to partnership Act 1932

Registration of Partnership is mandatory according to partnership Act 1932

Document of title of a share by the shareholder held in a company is known as

Dividend certificate

Share evidence

Share certificate

Documentary evidence

________ is a form filled by shareholder which he uses to give vote in a company meeting when he personally cannot attend the meeting.

Domain

Statutory

Proxy

Authenticated domain

What is called a company which has more than 50% shares of another company?

LLC

Public Limited company

Private Limited company

Holding company

Industry and _______ are two components of business

Liability

Proprietorship

Commerce

Partnership

What is called the document that sets the constitution of the company and as such the foundation upon which the structure of the company is laid?

Articles of Association

Articles of Corporation

Memorandum of Association

Corporate Identity

NAT II Management Science Business Ethics MCQs With Answers