The main objective of a trade association is to
protect its members against litigation
boost the trade of its members
secure credit for its members
protect its members against victimization
Correct answer is D
The objective of trade associations is to promote the business interests of the members, exchange views, serve as a platform for discussions and to represent the interests of its members.
#800
#500
#350
#320
Correct answer is C
Unused stock can also be referred to closing stock. that is the left over stock after sales. In this case closing stock is 350
it has been issued but not paid-up
it has been applied for but not issued
it is not paid-up
it has not yet been issued
Correct answer is D
The remaining 8million shares have not been issued out for subscription by the public.
The portion of the authorized share capital given out to the public for subscription is
called-up capital
issued capital
paid-up capital
reserved capital
Correct answer is B
The Issued Capital refers to the number of shares issued by the company to the shareholders.
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.