BBA Formation of a Company — practice questions
22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice BBA Formation of a Company in the app →Those who take the steps and the risks of bringing a company into being are its:Forming a company is divided into which three stages?A promoter finds that the metal needed for a part cannot be obtained at all. The project fails which test?A township project needs several crores that the promoters cannot arrange. The idea is dropped for lack of:A project is technically sound and fully funded, but has little chance of profit. It fails on:Applications for name approval are sent to the:How many names, in order of priority, are given in the application to the Registrar?A proposed name is rejected if it too closely resembles the name of:Which document defines the objectives of a company?The exact address of the registered office must be notified to the Registrar within:Which clause of the memorandum defines the purpose for which the company is formed?A shareholder holds 1000 shares of 10 rupees each and has paid 6 rupees per share. His liability is limited toThe clause specifying the maximum capital the company may raise through shares is the:The Memorandum of Association of a public company must be signed by at least:The rules for the internal management of a company are contained in the:Shares that directors must buy so they hold a stake in the company are called:Promoters entering contracts before the company exists are personally liable, because such contracts are:Promoters may make a profit from promotion only if it is:The document that signifies the birth of a company is the:From November 1, 2000, the Registrar of Companies allots each company a:A company must obtain the certificate for commencement of business within how many days of incorporation?A public company inviting funds from the general public must first obtain approval from: