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Meaning of Debentures

Characteristi...

Question

Characteristics of a company are ________.
(I) transferability of profits
(II) property of company is joint property of shareholders
(III) compulsory Common Seal
Select the correct the answer from the options given below-

A

(I) & (II)

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B

(II) & (III)

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C

(III) & (I)

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D

None of the above

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Solution

The correct option is D None of the above
The following are the characteristics of a company:
Separate Legal Entity
Limited Liability
Perpetual Succession
Separate Property
Transferability of Shares
Common Seal
Capacity to sue and being sued
Separate Management
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Similar questions

Q. Which of the following can be treated as the official signature of the company?

1.

2.

A common seal
Select correct answer from the options given below.

Q. Which of the following is/are the characteristics of a company?
(1) Limited Profit
(2) Corporate Personality
(3) Limited Succession

Select the correct answer from the options given below:

Q. A company secretary plays a vital role in company administration. His role can conveniently be studied
(I) As a statutory officer
(II) As a key managerial personnel
(III) As a coordinator
(IV) As an administrative officer.
Select the correct answer from the options given below

Q. A private company means a company which by its articles _______
(i) Restricts the right to transfer its shares
(ii) Limits the number of members to two hundred not including past and present employee
(iii) Prohibits any invitation to the public to subscribe for any security
Select the correct answer from the options given below:

Q. On which of the following companies, the Companies Act, 2013, confers certain privileges?
(i) Private Companies
(ii) One Person Company
(ii) Small Companies
Select the correct answer form the options given below-

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