The structure in which there is separation of ownership and management called--

The board of director is appointed by .......

The capital of the company divided into small parts each part is called-----

Why is a company called an artificial company?

State two merits of Joint stock Company?

Which form of business organisation is best suited if the business needs a permanent structure?

State one difference between partnership and Company.

Define the term Common seal.

It is rightly said 'Members may go,members may come,but the company remains forever"Name the feature of company highlighted in the statement.

Who manages the internal control of company?

The liability of the share holders is --------------

The assets and liabilities of the company are separate from those of its owners.Why?

A company can buy property ,make contracts,borrow money sue and be sued .State with reason the statement is true or False ? Why?

In which form of business organisation has large scope of expansion?

Balance and rational decisions can be taken in joint stock company .Why ? Give reason

Rule by a few reflects which limitation of company

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