CUET Accountancy 2025 22 May Shift 1 PYQs

Hari, the holder of 1200 shares paid the amount due on first call @ Rs 2/- per share along with second and final call which became due after 1 month from the due date of first call. What interest will be charged from Hari on calls in arrears:

Part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay is known as ……….

Choose the wrong statements about company-

(A) A company is an artificial person.

(B) The company's shares are generally transferable.

(C) Shareholders of a company are liable for the acts of the company

(D) Every member of a company is entitled to take part in its management.

Choose the correct answer from the options given below:

1. (B) and (D) only
2. (A), (B) and (D) only
3. (B), (C) and (D) only
4. (C) and (D) only