Which of the following would not affect the form of a business unit
Availability of raw materials
the type of business
number of persons involved
the capital size
Correct answer is B
No explanation has been provided for this answer.
The fee which the bank charges for services rendered to their current account customers is
commission on turnover
bank rate
minimum lending rate
interest
Correct answer is C
No explanation has been provided for this answer.
The distribution of profits based upon the level of patronage in the business is a common feature of
partnership firms
public limited companies
co-operative societies
private limited companies
Correct answer is B
No explanation has been provided for this answer.
An advantage of a public limited company over a private one is the
limited liability of share holders
easy transferability of shares
access to retained earnings
less taxation by government
Correct answer is A
No explanation has been provided for this answer.
an industrial undertaking
creation of utility
earning one's daily bread
the changing of raw materials
Correct answer is B
No explanation has been provided for this answer.