How many main types of business organisations are there in the public sector?
Two
Three
Four
Five
In which of the following company, the directors are usually the most important or majority shareholders?
Private limited
Public limited
Government
Non profit
The economic problem results from:
Unlimited wants and unlimited resources
Unlimited wants and limited resources
Limited wants and unlimited resources
Limited wants and limited resources
Who are the owners of a limited company?
Debenture holder
Shareholder
Stake holder
Creditor
A company is a separate legal unit from its:
Debtors
Creditors
Owners
Stakeholders
Partnership agreement is called:
Deed of sole traders
Deed of partnership
Deed of legal
Deed of association
Limited liability
Unlimited liability
Current liability
How many main forms of business organisations are there in the private sector?
The written and legal agreement between business partners.
Partnership agreement
Business agreement
Legal agreement
Joint agreement
