Business Studies

Write the four stages in the formation of company.


SOLUTION
The formation of a company is a lengthy process. For convenience the whole process of company formation may be divided into the following four stages:
 1. Promotion Stage
 2. Incorporation or Registration Stage 
 3. Capital Subscription Stage
 4. Commencement of Business Stage.
View Full Answer

Its FREE, you're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Subjective Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 162
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
The court may not dissolve the firm in case of ____________.
  • A. insanity of a partner
  • B. permanent in capability of a partner
  • C. retirement of a partner
  • D. misconduct of a partner

Asked in: Business Studies - Forms of Business Organisations


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
__________ is a factual statement of the duties and responsibilities of a specific job.
  • A. Job description
  • B. Job specification
  • C. Job analysis
  • D. Workforce analysis

Asked in: Business Studies - Forms of Business Organisations


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
Define Prospectus. What are the legal provisions for the issue of a prospectus. 

Asked in: Business Studies - Forms of Business Organisations


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Date of compulsory dissolution for Partnership firm is the ________.
  • A. date of order of court
  • B. date of applying for court
  • C. date when firm closes its business
  • D. none of the above

Asked in: Business Studies - Forms of Business Organisations


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
EBIT stands for____________________.
  • A. Earnings Before Investment and Taxes
  • B. Earnings Before Income and Taxes
  • C. Earnings Before Initial Capital and Taxes
  • D. Earnings Before Interest and Taxes

Asked in: Business Studies - Forms of Business Organisations


1 Verified Answer | Published on 18th 08, 2020

View Answer