1.

Select the correct answer from the options given below and rewrite the statement:i. _______ clause contains the details of liability of the members. (a) Name (b) Liability (c) Objectii. ________ clause states the amount of Authorised capital with which the company is registered. (a) Liability (b) Object (c) Capitaliii. _____ contains rules and regulations for internal management of the company.(a) Articles of Association (b) Prospectus (c) Memorandum of Associationiv. Articles establishes relationship between company and ________(a) members (b) outsiders (c) ROCv. ________ is an invitation to the public to subscribe for shares of the company. (a) Memorandum (b) Prospectus (c) Articles of Associationvi. For making multiple issue of shares within a year, a company can prepare a _______ Prospectus. (a) Abridged (b) Shelf (c) Red Herringvii. ___________ is an incomplete prospectus. (a) Red Herring Prospectus (b) Shelf Prospectus (c) Abridged Prospectus

Answer»

i. (b) Liability

ii. (c) Capital

iii. (a) Articles of Association

iv. (a) members

v. (b) Prospectus

vi. (b) Shelf

vii. (a) Red Herring Prospectus



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