Question # 1

Partnership business is formed under the Partnership Act:

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1910

1922

1932

1990

Factor are the:

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Customers of business

Servants of business

Debtors of business

Persons who take responsibility of receiving money from debtors

What are the possibilities to wind up a company:

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Voluntary winding up

Voluntary winding up under the supervision of court

Violent winding up by the court

All of them

Because of home trade, the goods are traded in:

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Half of the country

Whole country

One province

Foreign country

The govt. has monopoly in:

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Railway transport

Airtransport

Roadtransport

Watertransport

The best form of a partnership deed is:

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Verbal

Written

Written and registered

None of the above

The debentures holders of the company are its:

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Workers

Managers

Directors

Creditors

The time period of short time finance is:

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Two years

More than one year

One and half year

One or less than one year

Paid premium is refundable in case of:

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Life insurance

Fire insurance

Valued policy

Marine insurance

An import trader can get himself registered under:

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import and export control Act 1950

import and export control Act 1952

import and export control Act 1975

None of these

In demi-official letter, an addressee is addressed by his

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Post

Name

Surname

All are correct

Industry includes those activities which are related to

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Selling and buying of goods

Sale of goods

Preparation of goods and services

All the above

The businessman is:

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A trader

A producer

A distributor

A trader, producer and distributor

An ordinary resolution is passed for:

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Winding up of company

Section of statutory company

Not announcing the dividend

All of them

Due to progress in home trade, the following problem is solved

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Water

Unemployment

Illiteracy

All of the above

The remuneration of an agent is called:

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Wages

Profit

Salary

Commission

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