Saved Bookmarks
| 1. |
State whether the following statements are True or False.(i) The member who is the subscriber to the Memorandum of Association of a company is a shareholder.(ii) A person below the age of 18 years is called a minor.(iii) The process of removing the name of a member from the Register of member is call admission of a partner.(iv) A person who has been allotted shares of the company is called a shareholder.(v) Transfer of shares is by operation of law. |
|
Answer» (i) True (ii) True (iii) False (iv) True (v) False |
|