One of the main problems of nationalization is that?
nationals ,may not welcome the change of ownership
foreigners are not able to control the economy
repatriation of profit is increased
there may be capital flight
there will be adverse balance of payment
Correct answer is D
No explanation has been provided for this answer.
When an industry is nationalized, ownership belongs to the?
shareholders
government
tax payers
indigenes
foreigners
Correct answer is B
No explanation has been provided for this answer.
Which of the following statements is not true?
Government does not nationalize businesses owned by its citizens
Government nationalizes foreign business
Government does not give nationalized industries to private owners
Government nationalizes viable business
Public corporation are owned by the government
Correct answer is A
No explanation has been provided for this answer.
The rights, responsibilities and liabilities of each partner are specified in the?
memorandum of association
prospectus
articles of association
deed of partnership
deed of conveyance
Correct answer is D
No explanation has been provided for this answer.
In a limited partnership, the liability of most of the partners is?
pegged
unlimited
limited
unpredictable
restricted
Correct answer is C
No explanation has been provided for this answer.