Which of the Following Is Not a Recognised Form of Company

question 58

Multiple Choice

Which of the following is not a recognised form of company?

• A)A company limited by shares
• B)A company limited by guarantee
• C)A company limited by debentures
• D)A no liability company

Understand the concepts and purposes of various employee compensation plans, including Scanlon and Improshare plans.

Recognize the role of employee participation in improving organizational efficiency.

Identify different sales compensation strategies and their impacts.

Understand the principles of profit-sharing plans and how they aim to motivate employees.

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Definitions:

Trademark Infringement

The unauthorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services.

Appellate Court

A court that has the authority to review and make decisions on cases that have been previously judged in a lower court.

Judgment N.o.v.

Short for "judgment non obstante veredicto," a legal motion requesting the court to reverse the jury's verdict on the grounds that the jury could not have legally provided such verdict based on the facts.

Matter of Law

An issue that is determined by statutes, legal precedent, or constitution, rather than by the factual situation of a case.