Question # 1

A person who takes part in economic activities to earn the profit is called

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Businessman

Industrialist

Professional

Banker

Literal meanings of trade are

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To exchange

Buying and selling

To remove hindrance of time

Business

Wholesaler purchases

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Suitable quantities

Bulk quantities

Small quantities

No buying and selling

Which business organization can sale its shares to public:

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Partnership

Private Limited Company

Sole proprietorship

Public Limited Company

In partnership business decisions are made:

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With the consultation of all the partners

By only active partners

According to the conditions of partnership deed

According to the business conditions

Sole proprietorship is the

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Old form of business organization

Developed form of business organization

Modern form of business organization

Obsolete form of business organization

The documents through which the public is offered to purchase the shares of the company is called

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Prospectus

Articles of association

Memorandum of association

Statement in lieu of prospectus

Mudaraba business is commenced with Mudaraba Ordinance

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1980

1988

1984

1992

The owners of the company are

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Shareholders

Promoters

Debenture holders

Directors

Change in memorandum of association is possible by

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Shareholders

Promoters

Government

Directors

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