- (A) It is worse type of business organization.
- (B) The minimum number of incorporators to start a corporation is three.
- (C) Its life is dependent on the lives of the incorporators.
- (D) The stock holders of the corporation are only liable to the extent of their investments.
Exam preparation MCQs with answers
Practice Pakistan's most useful MCQs for competitive exams
Prepare for NTS, PPSC, FPSC and subject-wise tests with fresh multiple choice questions, clear options and quick answer reveal.
Latest MCQs
- (A) It has a perpetual life
- (B) It will be dissolved if one of the partners ceases to be connected with the partnership
- (C) It can be handed down from one generation of partners to another
- (D) Its capitalization must be equal for each partner
- (A) The partners are not liable for the liabilities of the partnership
- (B) The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
- (C) The partners personal assets are attached to the debt of the partnership
- (D) The partners nay sell stock to generate additional capital
- (A) Sole proprietorship
- (B) Partnership
- (C) Corporation
- (D) Enterprise
- (A) Cost of goods sold
- (B) Cost accounting
- (C) Standard cost
- (D) Overhead cost
- (A) Fixed assets
- (B) Non-liquid assets
- (C) Liquid assets
- (D) Ccash
- (A) Economic return
- (B) Yield
- (C) Rate of return
- (D) Return of investment
- (A) Current asset
- (B) Trade investment asset
- (C) Fixed asset
- (D) Intangible asset
- (A) Cash
- (B) Investment in subsidiary companies
- (C) Furnitures
- (D) Patents
- (A) Status company
- (B) Big income
- (C) Known owners
- (D) Goodwill
