Commerce MCQS with Answers for NTS Set 2

Commerce MCQS with Answers for NTS
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In sole proprietorship the capital is
Depends upon sources of the owner
None of these
Unlimited
Limited

Sole proprietorship is suitable for:
All of these
Medium scale business
Large scale business
Small scale business

The owners of the company are
Directors
Shareholders
Debenture holders
Promoters

Retailer sells the goods to
Industrialist
Hawkers
Wholesaler
Consumers

We call exchange of goods with goods:
Barter system
Industry
Co-trade
Commerce

The most important document of Joint stock company is
Certificate of Commencement
Prospectus
Articles of Association
Memorandum of Association

The appointed directors of the company act as director for
Five years
Two years
Four years
Three years

By economic activities means:
Commerce
Business profession and employment
Business
Business and profession

Through advertisement new goods are
Sold
Spoiled
Produced
Introduced

Foreign trade is
To sale foreign goods
To important and export goods
Wholesale and retailer
To purchase foreign goods

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