Commerce 2012 | Study Mode

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Question 21
A
cross-cultural understanding and peaceful interaction
B
opening values for leaving the country
C
economic development and naturilization
D
exploiting the country's natural endowment
Explanation

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Correct option: D
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Question 22
A
inland letters
B
registered letters
C
airmail letters express letters
D
express letters
Explanation

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Correct option: C
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Question 23
A
joint venture
B
partnership
C
nominal partnership
D
cooperative
Explanation

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Correct option: D
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Question 24
A
improve investments
B
provide quality products
C
target consumers for satisfaction
D
carve a niche for the business
Explanation

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Correct option: C
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Question 25
A
ordinary shareholders
B
prefernce shareholders
C
cumulative preference shareholders
D
debenture holders
Explanation

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Correct option: D
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Question 26
A
both can sue and be sued
B
the minimum number of their shareholders is five
C
the transfer of their shares is not restricted
D
their annual accounts are published for public use
Explanation

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Correct option: A
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Question 27
A
bank overdraft
B
the sale of shares
C
credit purchases
D
bureau de change
Explanation

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Correct option: B
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Question 28
A
called-up capital
B
issued capital
C
paid-up capital
D
reserved capital
Explanation

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Correct option: B
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Question 29
A
it has been issued but not paid-up
B
it has been applied for but not issued
C
it is not paid-up
D
it has not yet been issued
Explanation

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Correct option: D
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Question 30
A
#800
B
#500
C
#350
D
#320
Explanation

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Correct option: C

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