Who among the following has no right of ownership to a business organization?
Shareholder
Enterpreneur
Partner
Debenture holder
Sole-proprietor
Correct answer is D
No explanation has been provided for this answer.
The imposition of high tariff on imported goods by the customs authority is to
protect businessmen
encourage imports
encourage the consumption of foreign goods
discourage exports
protect infant industries
Correct answer is E
No explanation has been provided for this answer.
Assets of a business which cannot easily be changed into cash are known as
floating capital
fixed capital
working capital
paid-up capital
current capital
Correct answer is B
No explanation has been provided for this answer.
indemnity
the sum insured
the surrender value
compensation
premium
Correct answer is C
No explanation has been provided for this answer.
Which of the following takes the shortest time and is the most accurate means of communication?
Telephone
Express letter
Recorded delivery
Airmail letter
Telegraph
Correct answer is A
No explanation has been provided for this answer.