Question : A company has ..........

Option 1: Seperate Legal Entity

Option 2: Perpectual Existence

Option 3: Limited Liability 

Option 4: All of the Above

Question : A company has ____.

Option 1: Separate legal entity 

Option 2: Perpetual existence 

Option 3: Limited liability 

Option 4: All of the above

Question : A company has ____.

Option 1: Separate legal entity 

Option 2: Perpetual existence 

Option 3: Limited liability 

Option 4: All of the above

Question : Liability of the members is limited upto the amount he guaranteed to contribute in the event of winding up is called as-

Option 1: Statutory Company

Option 2: Guarantee Company

Option 3: Chartered Company

Option 4: None of the Above

Question : The name of a public company ends with the word-

Option 1: Private Limited

Option 2: Association of Person (AOP)

Option 3: Limited

Option 4: None of the Above

Question : Which of the following is not a feature of a not-for profit organisation?

Option 1: Service motive

Option 2: Separate entity

Option 3: Unlimited liability

Option 4: Managed by elected members