Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
In which of the following do shareholders always vote according to their shareholdings?
Partnership
Cooperative society
Public limited company
Public corporation
Correct answer is B
No explanation has been provided for this answer.
75%
40%
33%
25%
Correct answer is D
No explanation has been provided for this answer.
The total amount of money actually received by a company out of the issued capital is?
paid - up capital
unissued capital
reserved capital
called-up capital
Correct answer is D
No explanation has been provided for this answer.
A partnership without a deed shares profits/losses?
in the ratio of partners' capital
equally among the partners
proportionate to patronage
proportionate to assets introduced
Correct answer is D
No explanation has been provided for this answer.
A partner without an unlimited liability is known as a?
dormant partner
nominal partner
general partner
active partner
Correct answer is D
No explanation has been provided for this answer.