Question # 1

The remuneration of an agent is called:

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Wages

Profit

Salary

Commission

Through correspondence, business

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Expands

Contracts

Has negative effects

None of these

Due to office machines

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Saving of time and lobour

Convenience in work

Increase in efficiency

All of these

Types of accidental in insurance are

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Four

Two

Three

One

Holding company is a company which has:

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No shares of other company

Less than 50% shares of other company

More than 50% shares of other company

50% shares of other company

Registration of the partnership business:

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Is necessary

Depends on the will of partners

Depends on the will of registrar

None of these

What are the possibilities to wind up a company

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Voluntary winding up

Voluntary winding up under the supervision of court

Voilent winding up by the court

All of them

Economic activities mean:

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Business

Business and profession

Business, profession and employment

None of the above

In Pakistan, Joint stock company is formed under:

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The Act of 1978

The Act of 1982

The Act of 1984

The Act of 1990

Kinds of horizontal filing

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Arch and geographical

Wire and geographical

Arch and wire

Geographical and vertical

The businessman is

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A trader

A producer

A distributor

A trader, producer and distributor

The formation of sole tradership as compared of partnership is

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Easy

Difficult

Same (No difference)

All of the above

A wholesaler makes it easy for

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Retailer

manufacturers

Retailer and manufacturers

None

The membership of chamber is given to

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Large industrial and commercial associations

Medium industrial and commercial associations

Small industrial and commercial associations

All the above

The objective of non-economic activities is to:

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Serve the society

Earn profit

Serve the society beside spiritual satisfaction

Earning the fame

The audit of a public limited company is

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Not necessary

Necessary on yearly basis

After every three years

After every six months

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