Transcribed Image Text:_1. Term of a corporation.
_2. Paid up capital of corporation shall not be less than.
3. Required percentage of subscribed capital stock is
_4. The charter of a corporation is otherwise known as,
_5. The governing body of a stock corporation.
_6. The governing body of non-stock corporation.
_7. A person authorized to represent a stockholder who is absent in a
stockholders' meeting.
_8. A written authority authorizing another to represent a stockholder in a
meeting.
_9. Such number of the membership of a collective body as is competent to
transact its business or do any other corporate act.
_10. Three general powers of a corporation are.
_11.
_12.
_13. The right of a stockholder to be given priority to subscribed to new
capital stock of the corporation.
_14. The right of a stockholder to compel the corporation to pay for his/her
shares under certain circumstances.
_15. A portion of the corporation's profits for distribution to its
stockholder/members.
_16. Kinds of dividends are .
_17.
_18.
_19.
_20.
_21. An act which is beyond the conferred powers of a corporation or the
purpose for which it is created.
_22. Rules of action adopted by the corporation for its internal regulations.
_23. Two kinds of corporate meetings are.
_24.
25.
Written instrument signed by a corporate officer stating or
acknowledging that the person named therein is the owner of a designated number of shares of
its stocks.
Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.
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