A public limited liability company can be enter into contracts because it?
has many employees
has shareholders
is legal entity
is allowed to take out debentures
Correct answer is C
No explanation has been provided for this answer.
Total assets minus current liabilities is equal to a company's?
gross profit
net profit
capital owned
capital employed
Correct answer is C
No explanation has been provided for this answer.
Bill of exchange
Certificate of origin
Consumers invoice
Bill of sight
Correct answer is D
Bill of sight refers to a declaration made to customs officer by an importer who is unsure about what is being shipped. While the Bill of Lading is used to prove the ownership of the goods, the bill of sight can be presented when the bill of lading is unavailable at the point of clearance.
Advice note
Statement
Invoice
Credit note
Correct answer is C
No explanation has been provided for this answer.
To sell a bill at less that the face value before its maturity is?
discounting
retiring
accepting
noting
Correct answer is A
No explanation has been provided for this answer.