Select the correct answer from the options given below and rewrite the statements.

1) ………… is a primary document of the company which contains the aims and objectives of the company.
a) Memorandum of Association     b) Articles of Association      c) Prospectus
Ans:- a) Memorandum of Association

2) ………… describes the relationship between company and outsiders.
a) Memorandum of Association     b) Articles of Association       c) Prospectus
Ans:- a) Memorandum of Association

3) The ……….. clause describes the range of activities a company can undertake.
a) Name      b) Capital      c) Object
Ans:- c) Object

4) Any act done by the company beyond the powers of Memorandum is called as ………. .
a) Doctrine of Indoor management       b) Ultra Vires      c) Mis-statement
Ans:- b) Ultra Vires     

5) …………. acts are void or legally ineffective.
a) Object clause      b) Main Object      c) Ultra Vires
Ans:- b) Ultra Vires     

6) ………. clause contains the details of liability of the members.
a) Name      b) Liability      c) Object
Ans:- Liability 

7) ………. clause states the amount of Authorised capital with which the company is
registered.
a) Liability       b) Object       c) Capital
Ans:- c) Capital

8) ………. contains rules and regulations for internal management of the company.
a) Articles of Association      b) Prospectus      c) Memorandum of Association
Ans:- a) Articles of Association  

9) Articles establishes relationship between company and ……….
a) Members       b) Outsiders      c) ROC
Ans:- a) Members  

10) ………. is an invitation to the public to subscribe for the shares of the Company.
a) Memorandum       b) Prospectus       c) Articles of Association
Ans:- b) Prospectus   

11) For making multiple issue of shares within a year, a company can prepare a ……….
Prospectus.
a) Abridged      b) Shelf        c) Red Herring
Ans:- b) Shelf

12) ………. is an incomplete prospectus.
a) Red Herring Prospectus      b) Shelf Prospectus        c) Abridged Prospectus
Ans:- a) Red Herring Prospectus