A. correct an adverse balance of payments B. raise revenue for the government C. encourage imports D. protect infant industries…
A. memorandum of association B. articles of association C. prospectus D. certificate of incorporation E. certificate of trading Correct Answer:…
A. make profit B. provide employment C. provide essential services D. compete with entrepreneurs E. establish a monopoly Correct Answer:…
A. sundry debtors B. patent C. machinery and plant D. goodwill E. loose tools Correct Answer: Option A - sundry…
A. fixed capital B. working capital C. equity capital D. capital employed E. authorized capital Correct Answer: Option B -…
I. foreign investment II. long-term lending III. short-term lending IV. foreign exchange reserve V. short-term borrowing. A. I & II…
A. bank overdraft B. government subsidy C. undistributed profit D. bank loan E. share subscriptions Correct Answer: Option E -…
A. a quotation B. an invoice C. a debit note D. an advice note E. a credit note Correct Answer:…
A. co-operative society B. chamber of commerce C. trade union D. consortium E. trade association Correct Answer: Option E -…
A. broker B. a bull C. a bear D. an investor E. a stag Correct Answer: Option C - a…