11th Standard Syllabus & Materials

11th Standard

TN 11th Tamil இயற்கை வேளாண்மை,சுற்றுச்சூழல் -செய்யுள் - மனோன்மணீயம் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil என்னுயிர் என்பேன் -துணைப்பாடம் - இசைத்தமிழர் இருவர் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil மொழி கலை -செய்யுள் - ஒவ்வொரு புல்லையும் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - இலக்கணம் - பகுபத உறுப்புகள் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - துணைப்பாடம் - வாடிவாசல் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - செய்யுள் - குறுந்தொகை Important Questions And Answers Study Material - QB365 Set A

11th Standard English Medium Commerce Subject Joint Stock Company Book Back 2 Mark Questions with Solution Part - I

Published on: 09/06/2021

QB365 provides detailed and simple solution for every Book back Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in every book back questions with solution.

Download Tamil Nadu 11th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

Questions + Answers key

Take MCQ Commerce Test

QB365 Student Learing Managemnet System

Std: 11th Standard - Commerce

chapter: - Book back Questions

Visit QB365-SLMS - https://www.qb365.in/slms/ Complete Questions and Answers

Questions:

Generic 2

5 x 2 = 10

What is meant by Chartered Company?

Explain any two characteristics of a company.

What is meant by Limited liability?

Define a Company.

What are the different types of companies?

Visit QB365-SLMS - https://www.qb365.in/slms/

Answers Key:

Generic 2

5 x 2 = 10

Chartered companies are established by the King or Queen of a country. Powers and privileges of chartered company are specified in the charter. Power to cancel the charter is vested with King/Queen. Examples: East Indian Company, Bank of England, Hudson's Bay Company. The Companies Act does not apply to them. Such companies cannot be started in India.

Separate Property:
A Company is a distinct legal entity. A member cannot claim to be owner of the company's property during the existence of the company.
Capacity to Sue and being sued:
A company can sue or be sued in its own name as distinct from its members.

1. The liability of the members of the company is limited to contribution to the assets of the company upto the face value of shares held by him.
2. A member is liable to pay only the uncalled money due on shares held by him.

According to James Stephenson, "A company is an Association of many persons who contribute money or money's worth to a common stock and employ it in some trade or Business, and who share the profit and loss (as the case may be) arising there form."
(or)
According to Sec 2 of Companies Act 2013, "A company is an artificial person created by law having a separate entity with a perpetual succession and a Common seal".

Chartered company, statutory company, public limited company, private limited company and government company are some of the different types of Companies.