1. The term company is defined under which sec of the Act?

A. Sec 3 (1)  
B. Sec 4 (2)  
C. Sec 2 (4)  
D. None of the above

2. Property of the company belongs to

A. Company  
B. Share holders  
C. Promoters 
D. None of the above

3. Which company shares can be freely transferable

A. Private Company  
B. Public Company  
C. All of the above
D. None of the above

4. Minimum number of members in case of public company

A. 2
B. 5
C. 7
D. None of the above

5. Minimum number of members in case of private company is

A. 1
B. 2
C. 3
D. None of the above

Answers:      1 (A), 2 (A), 3 (A), 4 (C), 5 (B)

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