On a share of Rs. 200 of a company a shares holder has already paid Rs. 150. His liabilitye is now limited to:-
A) 200
B) 50
C) 150
D) 0
Correct Answer:
Verified
Q9: Shares can be freely transferable in _
A)Public
Q10: The common seal of the company is
Q11: During which of the following circumstances can
Q12: The memorandum of Association is a _of
Q13: If the Articles of a company conflict
Q15: _ refers to a voluntary association of
Q16: A _ is a document but invites
Q17: The _ issues the certificate of incorporation.
A)Register
B)Director
C)Court
D)All
Q18: Corporate veil ensures _ to the company.
A)Protection
B)Legal
Q19: The articles of Association and the memorandum
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