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This set of Management information system Multiple Choice Questions & Answers (MCQs) focuses on Management Information System Set 10

Q1 | The winding up of the company can only be done by the process of ___________
Q2 | ________ company are those which are incorporated by a Royal Charter.
Q3 | Statutory companies are those incorporated under a special act passed by __________
Q4 | __________ Company may be companies limited by shares companies limited by guarantee,unlimited companies.
Q5 | Companies limited by ________ are not formed for the purpose of profit but for thepromotion of art science, culture, charity, sports, commerce etc.
Q6 | A public company has been defined in Sec._________
Q7 | Public company means a company which has a minimum paid up capital of Rs. __________
Q8 | Shares can be freely transferable in ________
Q9 | The common seal of the company is the _____________
Q10 | During which of the following circumstances can the veil be lifted by the court?
Q11 | The memorandum of Association is a __________of the company.
Q12 | If the Articles of a company conflict with the memorandum.
Q13 | On a share of Rs. 200 of a company a shares holder has already paid Rs. 150. His liabilitye isnow limited to:-
Q14 | __________ refers to a voluntary association of individuals formed for the purpose ofobtaining a particular social or economical goal.
Q15 | A ___________ is a document but invites the public to subscribe for share and debentures.
Q16 | The _________ issues the certificate of incorporation.
Q17 | Corporate veil ensures ________ to the company.
Q18 | The articles of Association and the memorandum of Association are drafted by __________
Q19 | Doctrine of Ultra vires has reference to __________clause
Q20 | Which doctrine protects the out of the outsiders from the company?
Q21 | Which Doctrine seeks to protect the company from the outsiders?
Q22 | Sec ___________ of the companies Act deals with the meaning and provisions related to theshelf prospectus.
Q23 | Sec ______________ of the companies Act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.
Q24 | The person or group of person who being a company into existence are called __________