The capital with which a company is registered is called ___________ capital.
Registered
Authorized
Nominal
All of the above
A proposed name of company is considerable undesirable if _____________.
It is identical with the name of an existing company
It resembles closely with the name of an existing company
It is an emblem of Government of India, UN etc
In case of any of the above
Under ______________ clause the signatories to the Memorandum express their desire and agreement to form a company.
Expression
Association
Objects
None of these
______________ is one who conceives the idea of a new business unit to establish it and subsequently becomes a part of management.
Professional promoter
Entrepreneur promoter
Business promoter
The person or group of persons, who identify a business idea and initiate the process of forming a company to give practical shape to the idea are known as ______________.
Entrepreneur
Promoter
Professional
Acts that are beyond the scope of Memorandum of Association are _____________.
Valid
Not Valid
Void
Minimum number of persons to form a public company is _____________.
5
2
7
20
_______________ is the second stage in the formation of a company.
Promotion
Incorporation
Commencement
______________ established relationship of the company with the outside world.
Articles of Association
Memorandum of Association
Prospectus
Preliminary contracts are signed ______________.
Before the incorporation.
After incorporation but before capital subscription
After incorporation but before commencement of business
After commencement of business
