Page 7 - Lesson Note 8
P. 7
LONG ANSWER QUESTIONS (5 OR 6 MARKS)
Q.1 Explain the process of capital subscription?
Q.2 Mr. Mohan conceived an idea to start a garment business. He consulted a Company
secretary to get the detail. Company secretary helped listing down Mr. Mohan’s function in the
process of starting up the business. Explain briefly the function of promoter?
Q.3 Give a brief note about the commencement of business and its effect.
