Q619
Which of the following statements are true in context of companies? 1. A fixed charge becomes floating charge when a company goes into liquidation. 2. Only one director can be appointed as a Managing Director. 3. Share can be converted to stock but stock cannot be converted to share.
A.
1 and 2
AnswerB.
2 and 3
C.
1 and 3
D.
1, 2 and 3
Answer: Option A
Solution
Answer: Option A
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