wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A company which can start a business after getting the certificate of incorporation is a ____________.

A
private company
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
public company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
joint stock company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
none of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A private company
After certificate of incorporation, a private company can start its business. Incorporation of a Joint stock company is compulsory. Without incorporation, all the contracts would be considered void in the eyes of law and operations of business cannot be carried out.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Documents and Paperwork
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon