Paper: Introduction to business

BBA Section B, C, E

Deadline for submission: January 28, 2021 to January 31 2021

Prepared by: Farah Naz (Lecturer)

Institutes of Management Studies, University of Peshawar

Note: Write your name and father name, Section, date of submission and roll number and kindly
share your answer sheet pictures in sequence and write question number in center of paper.
____________________________________________________________________________

Section A Total Marks (10)

Question 1: Please write the correct answer in the blanks given below. No cutting, overwriting
will be accepted.

1. ______ held once in the life of public company.

2. Part of capital which is offered to the public for subscription in the form of shares is
called as_____.
3. Memorandum of Association is also called as _____of Company.
4. ______take active part in business affairs but not known to the public.
5. Powers of _____can be enlarged but cannot be taken away or reduced.
6. If applications for shares are more than shares offered to the public it is called _____.
7. _____is also called venture capital of company.
8. Regulation and laws which govern the internal organization and conduct of company is
known as _____.
9. Lend his name for goodwill, neither contributes nor take part in management known as
_____ partner.
10. _____ carry the right to claim dividend for those years in which there is no profit.
Section B Total Marks (20)

Question/Answers:

Question No 2: Mr. X and Y want to start a business together in partnership. What steps they
should take to register the company and under what grounds it is compulsory for them to
dissolute the company?

Question No 3: (a) What is the main difference between contingent dissolution and dissolution
by court done in partnership deed?

b) Mention reasons of liquidation of Joint Stock Company by court and why authorized capital is
called as registered capital?

Question No 4: (a) In Joint Stock Company, management has to make annual reports regarding
sales, assets and liabilities of company. Should you consider it as an advantage or disadvantage if
company shares it with others. Write reasons to support your statement.

(b) Which business you found more beneficial sole-proprietorship or partnership? Write
reasons to support your statement.

Question no 5: Write five differences between share and debenture?