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What is the significance of the Company's Common Seal in the context of share certificates?
  • a)
    It indicates that the shares have been fully paid.
  • b)
    It confirms the authenticity of the certificate.
  • c)
    It represents the company's ownership of the shares.
  • d)
    It signifies that the shares can be freely traded.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the significance of the Company's Common Seal in the context o...
The Company's Common Seal affixed to a share certificate confirms the authenticity of the certificate. It adds a level of security and assurance to the document, indicating that the certificate is issued by the company. This makes Option B the correct answer.
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What is the significance of the Company's Common Seal in the context of share certificates?a)It indicates that the shares have been fully paid.b)It confirms the authenticity of the certificate.c)It represents the company's ownership of the shares.d)It signifies that the shares can be freely traded.Correct answer is option 'B'. Can you explain this answer?
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What is the significance of the Company's Common Seal in the context of share certificates?a)It indicates that the shares have been fully paid.b)It confirms the authenticity of the certificate.c)It represents the company's ownership of the shares.d)It signifies that the shares can be freely traded.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the significance of the Company's Common Seal in the context of share certificates?a)It indicates that the shares have been fully paid.b)It confirms the authenticity of the certificate.c)It represents the company's ownership of the shares.d)It signifies that the shares can be freely traded.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of the Company's Common Seal in the context of share certificates?a)It indicates that the shares have been fully paid.b)It confirms the authenticity of the certificate.c)It represents the company's ownership of the shares.d)It signifies that the shares can be freely traded.Correct answer is option 'B'. Can you explain this answer?.
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