A person who contributes money to a partnership business and is also involved in its general supervision is called
- A. An active partner
- B. a limited partner
- C. A dormant partner
- D. a nominal partner
The part of authorized capital of a company sold to shareholders is
- A. paid-up capital
- B. called-up capital
- C. issued capital
- D. nominal capital
The part of authorized capital of a company sold to shareholders is
- A. paid-up capital
- B. called-up capital
- C. issued capital
- D. nominal capital
The issue of Certificate of Incorporation to a company means that it has
- A. started production
- B. legally come into being
- C. appointed a board of directors
- D. merged with another company
The issue of Certificate of Incorporation to a company means that it has
- A. started production
- B. legally come into being
- C. appointed a board of directors
- D. merged with another company
One of the functions of a central bank is to
- A. perform supervisory role among all the banks in the country
- B. provide the means of payment to individuals
- C. ensure the smooth transfer of shares
- D. accept private deposits
One of the functions of a central bank is to
- A. perform supervisory role among all the banks in the country
- B. provide the means of payment to individuals
- C. ensure the smooth transfer of shares
- D. accept private deposits
A system of buying goods by an agent where the supplier is determined by the principal is
- A. tied shop
- B. closed shop indent
- C. open indent
- D. ring trading
A system of buying goods by an agent where the supplier is determined by the principal is
- A. tied shop
- B. closed shop indent
- C. open indent
- D. ring trading
Carpentry is an activity classified under
- A. extractive occupation
- B. tertiary occupation
- C. commercial occupation
- D. constructive occupation
Carpentry is an activity classified under
- A. extractive occupation
- B. tertiary occupation
- C. commercial occupation
- D. constructive occupation
A system of buying products from a machine is known as
- A. Impulse buying
- B. branding
- C. automatic vending
- D. loss leader
A system of buying products from a machine is known as
- A. Impulse buying
- B. branding
- C. automatic vending
- D. loss leader
A cheque bearing a date showing that it was issued more than six months ago is termed a
- A. blank cheque
- B. bearer cheque
- C. stale cheque
- D. order cheque
A cheque bearing a date showing that it was issued more than six months ago is termed a
- A. blank cheque
- B. bearer cheque
- C. stale cheque
- D. order cheque
The documents issued by the Registrar of companies which allows a public company to commence business is called
- A. trading certificate
- B. prospectus
- C. certificate of incorporation
- D. memorandum of association
The distribution of goods creates
- A. time utility
- B. place utility
- C. form utility
- D. possession utility
The distribution of goods creates
- A. time utility
- B. place utility
- C. form utility
- D. possession utility
Foreign trade is concerned with
- A. exchange of goods and services among companies
- B. buying and selling of imported goods
- C. exchange of goods and services among citizens
- D. buying and selling of goods and services among countries
Foreign trade is concerned with
- A. exchange of goods and services among companies
- B. buying and selling of imported goods
- C. exchange of goods and services among citizens
- D. buying and selling of goods and services among countries
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
- A. brokerage
- B. backwardation
- C. contango
- D. commission