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

i. _______ clause contains the details of liability of the members. 

(a) Name 

(b) Liability 

(c) Object

ii. ________ clause states the amount of Authorised capital with which the company is registered. 

(a) Liability 

(b) Object 

(c) Capital

iii. _____ contains rules and regulations for internal management of the company.

(a) Articles of Association 

(b) Prospectus 

(c) Memorandum of Association

iv. Articles establishes relationship between company and ________

(a) members 

(b) outsiders 

(c) ROC

v. ________ is an invitation to the public to subscribe for shares of the company. 

(a) Memorandum 

(b) Prospectus 

(c) Articles of Association

vi. For making multiple issue of shares within a year, a company can prepare a _______ Prospectus. 

(a) Abridged 

(b) Shelf 

(c) Red Herring

vii. ___________ is an incomplete prospectus. 

(a) Red Herring Prospectus 

(b) Shelf Prospectus 

(c) Abridged Prospectus

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1 Answers

i. (b) Liability

ii. (c) Capital

iii. (a) Articles of Association

iv. (a) members

v. (b) Prospectus

vi. (b) Shelf

vii. (a) Red Herring Prospectus

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