1 |
Limited liability is one of the advantages of |
- A. partnership
- B. sole proprietor
- C. joint stock company
- D. cooperative society
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2 |
One of the following can be registered in a stock exchange. |
- A. Business under partnership
- B. Cooperative society
- C. Join stock company
- D. Sole proprietorship
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3 |
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of |
- A. Prof. Knight
- B. Prof. Marshall
- C. Prof. Robbins
- D. Prof. Knees
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4 |
The word "LIMITED" at the end of a firm's name means |
- A. it produces only commodity
- B. has limited capital
- C. cannot have more than 100 members
- D. shareholders liability to pay debt of firm cannot exceed value of their investment
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5 |
If a public limited company issues bonds to increase resources, then it pays |
- A. fixed premium to bond holders
- B. fixed interest to bond holders
- C. fixed tax to bond holders
- D. fixed profit to bond holders
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6 |
It is an example of public limited company |
- A. WAPDA
- B. President House
- C. SHELL petroleum
- D. none of the above
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7 |
Debenture holders recive. |
- A. Interest
- B. Wages
- C. Dividend
- D. Profit
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8 |
How many types of organization |
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9 |
Members of a public limited company are elected by. |
- A. Directors
- B. Government
- C. Financial institutions
- D. Share holders
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10 |
A labourer resigns from service to start his own business. what type of mobility will it be. |
- A. Vertical mobilty
- B. Occupational mobility
- C. Horizontal mobility
- D. Social mobility
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