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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 5 Online Test MCQs With Answers
Question # 1
Which business organization requires legal permission for commencement
Choose an answer
Sole tradership
Partnership
Joint stock company
None of these
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Question # 2
The minimum under of persons in a listed public company
Choose an answer
Seven
Eleven
Five
Two
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Question # 3
The minimum number of persons in a listed public company:
Choose an answer
Seven
Eleven
Five
Two
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Question # 4
The audit of a public limited company is
Choose an answer
Not necessary
Necessary on yearly basis
After every three years
After every six months
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Question # 5
Which business organization can be dissolved through a legal procedure:
Choose an answer
Sole tradership
Partnership
Joint Sock Company
None of these
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Question # 6
Joint stock company is that business organizations which is:
Choose an answer
Durable
Not ended
Not durable
None of these
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Question # 7
Maximum number of shareholders in a multi-members private company
Choose an answer
Ten
Fifty
No limited
Twenty
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Question # 8
The person who provide finance / capital to company are known as:
Choose an answer
Directors
Promoters
Shareholders
None of these
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Question # 9
Which type of business organization has separate legal status apart from shareholders:
Choose an answer
A sole tradership
A partnership
Joint stock company
None of these
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Question # 10
The minimum number of persons in a multimembers private company:
Choose an answer
Seven
Four
Two
Three
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Question # 11
Which organization can be listed at stock exchange:
Choose an answer
Partnership
Joint Sock Company
Sole proprietorship
All the above
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Question # 12
The minimum number of persons in a multi-members private company
Choose an answer
Seven
Four
Two
Three
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Next
Question # 13
Maximum number of shareholders in a multi-members private company:
Choose an answer
Ten
Fifty
No limited
Twenty
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Next
Question # 14
Which business organization requires legal permission for commencement:
Choose an answer
Sole tradership
Partnership
Joint Sock Company
None of these
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Question # 15
In Pakistan, Joint stock company is formed under:
Choose an answer
The Act of 1978
The Act of 1982
The Act of 1984
The Act of 1990
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