In a limited liability company, the greatest risk is borne by?
Debenture holders
Company executives
Ordinary shareholders
Preference shareholders
Board of directors
Correct answer is C
No explanation has been provided for this answer.
Division of labour is limited by the?
Available of raw materials
Size of the labour force
Size of a labour firm
Absolute size of the country's population
Per capital income and number of potential buyers
Correct answer is B
No explanation has been provided for this answer.
In a normal (typical) demand schedule, the quantity demand is?
Directly related to price
Inversely related to price
Independent of price
Proportional related to supply
Solely dependent on haggling skill
Correct answer is B
No explanation has been provided for this answer.
There is no shortage of goods and services
The state is the sole owner of resources
Production is largely oriented towards consumption in the rular sector
There is no exchange of goods and services
Women predominate in all economic activities
Correct answer is C
No explanation has been provided for this answer.
Which of the taxes appear generally progressive in nature?
Sales taxes
The personal income tax
Property taxes
Corporation taxes
None of the above
Correct answer is B
No explanation has been provided for this answer.