Commerce 2011 | Study Mode

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Question 21
A
reinsurance
B
life insurance
C
underwriter
D
marine insurance
Explanation

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Correct option: A
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Question 22
A
non-residents of a country travel to other countries
B
resident of a country travel to another country
C
non-resident of a country tyravel within it
D
resident of a country travel within it
Explanation

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Correct option: D
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Question 23
A
high cost of construction
B
limitation in scope
C
vulnerability to climate changes
D
high maintainance cost
Explanation

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Correct option: A
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Question 24
A
private limited liability company
B
sole proprietorship
C
public limited liability company
D
co-operation society
Explanation

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Correct option: B
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Question 25
A
an amalgamation
B
a cartel
C
a merger
D
a consortium
Explanation

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Correct option: D
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Question 26
A
directors
B
creditors
C
promoters
D
court
Explanation

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Correct option: A
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Question 27
A
bond
B
mortage
C
debentures
D
loan
Explanation

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Correct option: B
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Question 28
A
ALGON
B
NLC
C
NURTW
D
NULGE
Explanation

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Correct option: A
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Question 29
A
a shareholder who wants to register a company
B
other members of the exchange who want to trade
C
governement official on the exchange
D
a quoted company
Explanation

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Correct option: D
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Question 30
A
highly restricted
B
regulated by the SEC
C
regulated by the NIPC
D
less restricted
Explanation

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Correct option: A

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