Which of the following can be treated as the official signature of the company? 1. Rubber stamp 2. A common seal Select correct answer from the options given below:
A
1 - Yes 2 - Yes
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B
1 - No 2 - No
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C
1 - Yes 2 - No
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D
1 - No 2 - Yes
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Solution
The correct option is C 1 - No 2 - Yes A company seal (sometimes referred to as the corporate seal or common seal) is an official seal used by a company. Company seals were predominantly used by companies in common law jurisdictions, although in modern times, most countries have done away with the use of seals.