NAT I Commerce Commerce With Answers

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NAT I Commerce Commerce

Sr. # Questions Answers Choice
1 The maximum strength of Public Ltd Company's shareholders is 50 20 100 No limit
2 We call exchange of goods with goods: Barter system Co-trade Industry Commerce
3 Advertising expenses are met by Consumers Whole seller Owner of the goods Retailer
4 The appointed directors of the company act as director for Two years Four years Three years Five years
5 International trade helps in Abolishment of monopoly Increasing the production Stabilizing the price All correct
6 The persons who take part in the formation of the joint stock company are called Promoters Shareholders Directors Debenture holders
7 The documents through which the public is offered to purchase the shares of the company is called Prospectus Articles of association Memorandum of association Statement in lieu of prospectus
8 In public limited company the minimum number of shareholders are 2 10 7 20
9 In partnership the age of minor partner is 20 years 22 years 18 years Below 18 years
10 In partnership business decisions are made: With the consultation of all the partners By only active partners According to the conditions of partnership deed According to the business conditions
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