Which of the following carries specialized goods?
Liner
Tramp
Ferry
Tanker
Correct answer is D
No explanation has been provided for this answer.
The net profit is calculated as
sales less purchases
sale less expenses
gross profit less expenses
gross profit less purchases
Correct answer is C
No explanation has been provided for this answer.
The amount paid regularly by the assured to the insurer is
dividend
premium
interest
indemnity
Correct answer is B
No explanation has been provided for this answer.
A business that is independent of its owners is a
sole proprietorship
partnership
limited liability company
co-operative society
Correct answer is C
No explanation has been provided for this answer.
The document which gives legal authority to a company to operate as a legal entity is
Memorandum of Association
Article of Association
Share Certificate
Certificate of Incorporation
Correct answer is D
No explanation has been provided for this answer.