Question # 1

In case of emergency, foreign trade makes the supply of goods:

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Easy

Difficult

Unimportant

Important

The minimum number of partners in a partnership are:

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Two

Four

Six

Ten

The letter sent for personal or domestic matters are called

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Formal letters

Routine letters

Personal letters

None of these

How many types of business finance

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2

3

4

5

To increase business, small packets of goods are and distributed among the people at:

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Less price

Free of cost

Original price

More profit

In order of determine the size of a business we consider:

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The availability of the capital

The demand of the goods

The capacity of production

All the above

Economic activities mean

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Business

Business and profession

Business, profession end employment

None of the above

The liability of a partner in partnership is normally:

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Limited

Unlimited

Not at all

all the above

The minimum number of persons in a multi-members private company

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Seven

Four

Two

Three

The memorandum of company is prepared by

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Registrar

The promoters

The experts

The employees

Which type of business organization has separate legal status apart from shareholders

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A sole tradership

A partnership

Joint stock company

None of these

When did the partnership business come into being:

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1872

1880

1892

1902

An official letter is a cheap means of communication as compared to other means due to its less cost

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Cheap means

Settlement of disputes

Written proof

None of these

If the court declares the bankruptcy of any partner in partnership then

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The partnership continues

The partnership becomes weak

The partnership becomes cancels

A new partner is admitted

Import means the purchase of goods and services from foreign countries are called

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Import trade

Export trade

Both a and b

None of these

Not included in communication machines

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Telephone

Dictation machine

Tele-printer

Folding machine

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