CUET Accountancy - Which statements are correct- (A) A company's shares are generally transferable. (B) Shareholders of a company are liable for the acts of the company. (C) The director of a company must be a shareholder. (D) Paid up capital can exceed called up capital. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 13 May Shift 2

Company Accounts

Medium

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

(A) and (C) only

(A) and (D) only

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

✅ Correct Option: Drop

Related questions:

29 May Shift 2

Match List-I with List-II

List-I	List-II
(TYPES OF COMPANY..)	(CHARACTERISTICS..)
(A) unlimited company.	(I) liability arises only in the event of winding up
(B) one person company	(II) limits the number of members to 200.
(C) private company	(III) paid up capital is not more than 50 lakhs.
(D) company limited by guarantee.	(IV) creditors can claim their dues from the members.

Choose the correct answer from the options given below:

15 May Shift 1

What is the amount of excess application money credited to share allotment and money refunded on rejected application in totality?

4 June Shift 2

Profit on reissue of forfeited shares should be treated as:

CUET Accountancy 2025 13 May Shift 2 PYQs