The capital of a company is divided into number of parts each one of which are called
(a) Dividend
(b) Profit
(c) Interest
(d) Share
Answers
Answer:
The capital of a company is divided into number of parts each one of which are called SHARE.
Among the given options option (d) SHARE is the correct answer.
Explanation:
The shareholders of a public company are free to transfer their shares to other persons at any time. For this transfer the transferring shareholders do not have to take the consent of other shareholders.
Transfer of shares is restricted in private company.
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Here are some more questions from this chapter :
The board of directors of a joint stock company is elected by
(a) General public
(b) Government bodies
(c) Shareholders
(d) Employees
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Profits do not have to be shared. This statement refers to
(a) Partnership
(b) Joint Hindu family business
(c) Sole proprietorship
(d) Company
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Hey,
The ans is option (D) .....ie- Share...
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