_____ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.

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Question:
_____ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.

1.Illegal Association

2.Partnership

3.Incorporation

4.Company

Posted Date:-2021-11-12 08:08:42

More MCQS Questions and answers

  1. A company is a ______________ person
  2. A person cannot hold directorship of more than ______________ companies at a time
  3. A public company having a share capital, becomes entitled to commence business only after obtaining a further certificate known as a ________
  4. A _______ is a visual symbol attached to goods
  5. Anything done under an agreement between the company and third party requires recognition of the company in the form of _______
  6. Corporate veil ensures _________ of the company
  7. Decisions of a company are made by ______________ of its members passed at meeting of members
  8. Doctrine of Ultra virus has reference to ________ clause
  9. Factories Act came in to existence in _____
  10. For declaration of dividend no ________ resolution is required
  11. In case of a company limited by guarantee, the liability of the members can be enforced
  12. In the event of company being wound up the Tribunal shall prepare list of contributories into _______
  13. Legal position of a promoter of a company is ________
  14. Mention one right that the proxy enjoys during a meeting?
  15. Minimum number of directors in private company is _______
  16. Minimum number of directors in public company is ________
  17. Offers may be invited from the public by issuing a document known as ________
  18. On a share of Rs.200 of a company a shares holder has already paid Rs.150 . His L9iability is now limited to:
  19. Private company means a company which has a minimum paid up capital of ______
  20. Registered Office clause of memorandum of Association contain ______
  21. See ______________ of the companies Act, 1956 states that a company means "a company formed and registered under this Act, or an existing company"
  22. Special resolution is passed by majority ______________ of the members voting by show of hands or on poll either in person or by proxy.
  23. Statutory companies are also known as ________
  24. Statutory meeting held within a period of ______
  25. The alteration of the memorandum has to be certified by the Registrar within
  26. The appointment of every director is to be made by an _______ at the general meeting
  27. The association that are not registered under sec. II of the companies act is _____
  28. The common seal of the company should have
  29. The company agrees that the remuneration of non - executive directors shall be decided by _________
  30. The company shall give notice of alteration to the Register within _______ of passing the resolution
  31. The doctrine of indoor Management has its own origin in
  32. The idea of carrying on a business is conceived by a person by a group of persons called ________
  33. The office of a director becomes vacant if he fails to obtain his qualification shares within _______
  34. The procedure to write facts about resolution and its decision is called
  35. The term whole time director is defined in sec ______________ of the Companies Act 1956
  36. Winding up by special resolution passed by the company
  37. ____ is the supreme policy framing and decision making organ of a company.
  38. _____ is the construction of a company
  39. _____ means the list of business or thing to be done at the meeting
  40. _____ refers to a voluntary association of individuals formed for the purpose of obtaining a particular social or economical goal.
  41. ______ is the first state in which assists realized liabilities are paid off and surplus is distributed
  42. ______ lays down the objects and powers of the company.
  43. ______ Member of directors need to retire every year
  44. _______ Acts as the official signature of the company.
  45. _______ are subordinate to and controlled by the memorandum.
  46. _______ signed by the required number of persons which are necessary for the formation of company.
  47. ________ is subordinate to and controlled by the memorandum of association
  48. ________ is the minimum number that should be present at the meeting as per the articles of the company before any business can be validly transacted.
  49. _________ Acts as the official signature of the company.
  50. _________ describes the scope of company activities
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