Select the correct answer from the options given below and rewrite the

Select the correct answer from the options given below and rewrite the statement:i. A company is ___ (a) a human being (b) an artificial person created by law (c) a natural individualii. _ are the persons who undertake the process of formation of a company. (a) Promoters (b) Directors (c) Registrar of companiesiii. A _ company needs minimum two or more members. (a) Public (b) Private (c) One person Companyiv. In a public company there must be minimum _ or more members. (a) one (b) two (c) sevenv. _____ refers to contracts entered into by the promoters on behalf of a proposed company. (a) Pre-incorporation/Prehminary contracts (b) Fiduciary contracts (c) Memorandum of Association

Answer»

i. (b) an artificial person created by law

ii. (a) Promoters

iii. (b) Private

iv. (c) seven

v. (a) Pre-incorporation/Preliminary contracts