4. A proposed name of Company is considered undesirable if (a) It is identical with the nameof an existing company. (b) It resembles closely with of an existing company the name of an existing company. (c) It is an emblem of Government of India ,United Nations etc. (d) In case of any of the above.5. A prospectus is issued by (a) A private company (b) A public company seeking investment from public (c) A public enterprise (d) A public company 6. Stages in the formation of a public company are in the following order. (a) Promotion, Commencement of Business,Capital Subscription,Incorporation.(b) Incorporation, Capital Subscription, Promotion. (c) Promotion, Incorporation, Capital Subscription (d) Capital Subscription, Promotion, Incorporation. 7. Preliminary Contracts are signed (a) Before the incorporation (b) After incorporation but before capital subscription (c) After incorporation but before business commencement of business (d) After commencement of business 8. Preliminary Contracts are (a) binding on the company (b) binding on the Company, if on the Company ratified after incorporation. (c) binding on the Company, after incorporation. (d) not binding on the company.True/False Answer Questions 1. It is necessary to get every company incorporated, whether private or public. 2. Statement in lieu of prospectus can be filed by a public company going for a public issue. 3. A company can commence business after incorporation. 4. Experts who help promoters in the promotion of a company are also 5. A company can ratify preliminary contracts after incorporation. after incorporation.​

Answers 1

Answer:

4.

(a) It is identical with the name of an existing company.

5.

(b) A public company seeking investment from public

6.

(c) Promotion, Incorporation, Capital Subscription

7.

(a) Before the incorporation

8.

(d) not binding on the company.

True or False

  1. True
  2. False
  3. False
  4. False
  5. False

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