Question # 1

In sole proprietorship the capital is

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Limited

Depends upon sources of the owner

Unlimited

None of these

Retailer sells the goods to

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Consumers

Hawkers

Industrialist

Wholesaler

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

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Businessman

Industrialist

Professional

Banker

Minimum number of Directors in public Limited company?

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Three

Five

Seven

All of these

The persons who form the joint stock company

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Shareholders

Promoters

Mangers

Auditors

Maximum number of shareholders in private company is

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100

50

20

10

The kind of human activities are

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Three

Four

Two

Five

Two components of business are

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Industry and trade

Profit and loss

Commerce and industry

Trade and commerce

We call exchange of goods with goods:

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Barter system

Co-trade

Industry

Commerce

The second important document of joint stock company is

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Memorandum of association

Prospectus

Articles of association

Corporation certificate

Word trade means

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The exchange of goods

The purchasing and selling of goods

The business

The production of goods

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