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Which of the following statements are correct? (A) A company is an artificial person. (B) Company's shares are generally transferable. (C) Paid up…

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

Which of the following statements are correct?

(A) A company is an artificial person.

(B) Company's shares are generally transferable.

(C) Paid up capital can exceed called up capital.

(D) The part of capital which is called up only on winding up is called reserve capital.

Choose the correct answer from the options given below:

Official previous-year question

Held on 13 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    (A), (B) and (D) only.

  2. B

    (A), (B) and (C) only.

  3. C

    (A), (B), (C) and (D).

  4. D

    (B), (C) and (D) only.

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