Company form of Business Organisation — Important Questions
Telangana Open School (TOSS) · Class 12 · Business Studies
45 important questions from Company form of Business Organisation for Telangana Open School (TOSS) Class 12 Business Studies, with answers.
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Important Questions from Company form of Business Organisation
What is the liability of members in a company limited by shares?
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Limited to unpaid amount on shares
In a company limited by shares, liability is limited to the nominal value of shares held plus any premium.
Which document is essential for the incorporation of a company?
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Memorandum of Association
The Memorandum of Association is a key document filed during registration that outlines the company's objectives and scope.
What is the main advantage of limited liability for shareholders?
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Their personal assets are protected
Limited liability means shareholders are not personally liable for company debts beyond their share investment.
Which company can invite the public to subscribe to its shares?
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Public Company
A public company can issue shares to the general public through a prospectus.
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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