What is NOT a characteristic of a Private Limited Liability Company?
a shareholder is not free to transfer his shares to someone without the permission of others
its shares cannot be offered to the public through the stock market
the liability of shareholders is not limited to the amount of shams taken up
the minimum and maximum number of shareholders is seven and infinity respectively
the minimum and maximum number of shareholders is two and fifty respectively
Correct answer is D
No explanation has been provided for this answer.
What is NOT a principle of an insurance contract?
contribution
indemnity
insurable interest
premium
subrogation
Correct answer is D
No explanation has been provided for this answer.
ln stock exchange, the buyer is NOT entitled to the dividend when the stock is quoted
clean
cum-dividend
double barrelled
ex-dividend
firm
Correct answer is D
No explanation has been provided for this answer.
account
contango
making- up
name
ticket
Correct answer is A
No explanation has been provided for this answer.
What is an aim of a trade association?
protection of members’ interests
watching government legislation which may affect members interests
encouraging the introduction of standard grades and sizes of goods
making arrangements for the settlement of disputes
exchanging information and creating uniformity in methods of dealing
Correct answer is A
No explanation has been provided for this answer.