NAT I Commerce Commerce With Answers

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NAT I Commerce Commerce

Sr. # Questions Answers Choice
1 Similar subject having letter send to many people is Inquiry letter Order letter Circular letter Quotation letter
2 Mudaraba business is commenced with Mudaraba Ordinance 1980 1988 1984 1992
3 The partner who performs work practically is known as Nominal partner Minor partner Active partner Passive partner
4 The formation and dissolution of sole proprietorship is Easy Complicated Difficult Very complicated
5 Which business organization can sale its shares to public: Partnership Private Limited Company Sole proprietorship Public Limited Company
6 Change in memorandum of association is possible by Shareholders Promoters Government Directors
7 The persons performing services for the formation of joint stock Company are called as Promoters Underwriters Shareholder Debenture holders
8 The formation of Joint stock Company is maintained under Company Act,1984 Company Act,1932 Company Act,1972 Company Act ,1911
9 The second important document of joint stock company is Memorandum of association Prospectus Articles of association Corporation certificate
10 The liability of the shareholders of public Ltd Company is Limited No one Un limited All wrong
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