All shareholders benefit from the advantage of:
Limited liability
Unlimited liability
Both 1 & 2
Risk
The ownership of companies is divided into small units called:
Shares
Dividends
Profit
Debentures
Which of the following are the requirement for the establishment of a company under the law of India, UK and many other countries?
Articles of Association
Memorandum of Association
Debenture Certificate
Who is a person or institution owing shares in a limited company?
Debenture holder
Shareholder
Entrepreneur
Stakeholder
Which business activity includes firms that provide services to consumers and other business?
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
In a which of the following economy, economic resources are owned and controlled by both private and public sectors?
Capitalist economy
Socialist economy
Mixed economy
All of the above
Which of the following refers to the increasing freedom of movement of goods, capital and people around the world?
Globalisation
Industrialisation
Protectionism
Which of the following is the most common forms of business organisation?
Sole trader
Producer
Share holder
Which of the following are taxes imposed on product when it is imported into a country?
Tariffs
Quotas
Subsidies
Business activities are classified into:
Two
Three
Four
Five