Tag: concept, features, advantages and disadvantages of joint stock company

Questions Related to concept, features, advantages and disadvantages of joint stock company

A Company Secretary _____________________.

  1. has nothing to do with the directors, of the company

  2. is never in touch with any government department

  3. occupies an important place in a corporate setup

  4. does not have to correspond with the investors


Correct Option: C
Explanation:

Company secretary occupies an important place in a corporate set up. As per Companies Act 2013, a Company Secretary is a key managerial person.

In an annual return of a company which is filed with ROC, the particulars to be mentioned are _____________.

  1. list of directors

  2. registered address of company

  3. list of shareholders

  4. all of the above


Correct Option: D

One of the disadvantages of a company form of business is ________.

  1. its full legal cover

  2. recognized legal entity

  3. stock exchange speculation

  4. none of the above


Correct Option: C

Rajeev is a "member" (a type of owner) of a marine supply business with many shareholders. Rajeevs business is __________________.

  1. a sole proprietorship.

  2. a limited liability partnership.

  3. a limited liability company.

  4. a general partnership.


Correct Option: C