NAT ICOM Commerce Test Preparation for Pakistani Students

NAT I Commerce Commerce

Sr. #	Questions	Answers Choice
1	The maximum strength of Public Ltd Company's shareholders is	50 20 100 No limit
2	We call exchange of goods with goods:	Barter system Co-trade Industry Commerce
3	Advertising expenses are met by	Consumers Whole seller Owner of the goods Retailer
4	The appointed directors of the company act as director for	Two years Four years Three years Five years
5	International trade helps in	Abolishment of monopoly Increasing the production Stabilizing the price All correct
6	The persons who take part in the formation of the joint stock company are called	Promoters Shareholders Directors Debenture holders
7	The documents through which the public is offered to purchase the shares of the company is called	Prospectus Articles of association Memorandum of association Statement in lieu of prospectus
8	In public limited company the minimum number of shareholders are	2 10 7 20
9	In partnership the age of minor partner is	20 years 22 years 18 years Below 18 years
10	In partnership business decisions are made:	With the consultation of all the partners By only active partners According to the conditions of partnership deed According to the business conditions