A business organization can obtain long term financing through
bank overdraft
the sale of shares
credit purchases
bureau de change
Correct answer is B
Share capital is a longterm means of sourcing for business funds. It is the part of the capital of a company that comes from the issue of shares.
A feature common to public and private limited liability companies is that
both can sue and be sued
the minimum number of their shareholders is five
the transfer of their shares is not restricted
their annual accounts are published for public use
Correct answer is A
Common Features of Private and Public Limited Companies
The most important business objective is to
improve investments
provide quality products
target consumers for satisfaction
carve a niche for the business
Correct answer is C
No explanation has been provided for this answer.
joint venture
partnership
nominal partnership
cooperative
Correct answer is D
The cooperative society works on the principle of mutual help & welfare.
inland letters
registered letters
airmail letters express letters
express letters
Correct answer is C
No explanation has been provided for this answer.