A retail outlet meant to sell only a particular manufacturer’s product known as a?
- A. co-operative shop
- B. chain store
- C. department store shop
- D. tied
A retail outlet meant to sell only a particular manufacturer’s product known as a?
- A. co-operative shop
- B. chain store
- C. department store shop
- D. tied
Where two or more companies agree to work on a project too large for one of them, this is called?
- A. consortium
- B. merger
- C. combination
- D. cartel
Detailed information about a public offer of a company’s shares is contained in the?
- A. memorandum of association
- B. article of association
- C. letter of enquiry
- D. prospectus
When shares are sold “EX-DIV” it means that?
- A. no dividend is paid on the shares
- B. the buyer receives the dividend
- C. the seller receives the dividends
- D. the stock exchange retains the dividend
Which of the following is an internal source of capital to a business concern?
- A. Trade credit
- B. Debenture
- C. overdraft
- D. Retain profit
Which of the following is an internal source of capital to a business concern?
- A. Trade credit
- B. Debenture
- C. overdraft
- D. Retain profit
Which of the following is an internal source of capital to a business concern?
- A. Trade credit
- B. Debenture
- C. overdraft
- D. Retain profit
Which of the following is an internal source of capital to a business concern?
- A. Trade credit
- B. Debenture
- C. overdraft
- D. Retain profit
The refund of a duty which had been paid on importation that are later re-exported is known as?
- A. export tax
- B. surtax
- C. customs drawback
- D. liquidation
An offer by one company to buy up all or greater part of another company’s share is known as?
- A. merger
- B. take-over bid
- C. absorption
- D. liquidation
Which of the following does not lead to the dissolution of a partnership?
- A. Absence of a deed of partnership
- B. Withdrawal of a partner
- C. Incapacity of any of the partners
- D. Completion of contractual term
Which of the following has no limit to its membership?
- A. Ordinary partnership
- B. Private Limited Company
- C. Limited partnership
- D. Cooperative society
Which of the following has no limit to its membership?
- A. Ordinary partnership
- B. Private Limited Company
- C. Limited partnership
- D. Cooperative society
Which of the following is concerned with actual production of goods and services?
- A. Commerce
- B. Trade
- C. Industry
- D. Service
Which of the following is concerned with actual production of goods and services?
- A. Commerce
- B. Trade
- C. Industry
- D. Service
Transforming raw materials into finished products is an example of?
- A. primary production
- B. secondary production
- C. tertiary production
- D. direct service
Transforming raw materials into finished products is an example of?
- A. primary production
- B. secondary production
- C. tertiary production
- D. direct service
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
- A. production
- B. utility
- C. commerce
- D. industry