Question # 1

In sole proprietorship the capital is

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Limited

Depends upon sources of the owner

Unlimited

None of these

International trade helps in

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Abolishment of monopoly

Increasing the production

Stabilizing the price

All correct

The maximum strength of Public Ltd Company's shareholders is

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50

20

100

No limit

Word trade means

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The exchange of goods

The purchasing and selling of goods

The business

The production of goods

The objective of advertisement is to

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Introduce the goods

Save the goods

Reach the goods to consumers

All of these

Sole proprietorship is suitable for

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Large scale business

Medium scale business

Small scale business

For all of these

Which business organization can sale its shares to public:

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Partnership

Private Limited Company

Sole proprietorship

Public Limited Company

Calculate machine is

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Punching machine

Calculator

Photo-state machine

Stapler machine

The most important document of Joint stock company is

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Prospectus

Memorandum of Association

Articles of Association

Certificate of Commencement

In partnership the age of minor partner is

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20 years

22 years

18 years

Below 18 years

The persons who form the joint stock company

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Shareholders

Promoters

Mangers

Auditors

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NAT I Commerce Commerce MCQs With Answers

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