A company cannot come into existence without?
Answers
Explanation:
There are mainly 4 stages for the formation of a company:-
1) Promotion stage
2) Registration stage
3) Capital subscription stage
4) Commencement of business stage.
Now, as you can see
Registration is the 2nd stage for the formation of any company.
A company is properly constituted only when it is registered under the companies act and the certificate of incorporation is issued by the authority.
It is the registration stage which brings a company into an existence.
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A company cannot come into existence without?
A. electing directors B. getting Certificate of Incorporation
C. issuing a prospectus D. all of these
The correct answer is :
B. getting Certificate of Incorporation
Explanation :
A company cannot exist without a certificate of incorporation.
Any company requires an incorporation certificate to show its presence in the market. After completing all the necessary actions related to the establishment of the company, it is necessary for the company to get the incorporation certificate from the ROC.
ROC provides an incorporation certificate to the company after seeing all the necessary documents and necessary qualifications of the company. The company becomes a separate legal unit only after ROC obtains an incorporation certificate.
Therefore, obtaining a certificate of incorporation is very important for the existence of the company and without it, a company cannot come into existence.
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In …………… production system goods are produced on a large scale and stocked till they are demanded in the market ?
a) job
b) project
c) mass
d) batch