The partner that only contributes part of the capital used in the formation and running of a business is known as?
A. a passive partner B. an active partner C. a dormant partner D. a nominal partner Correct Answer: Option C – a dormant partner
Which of the following services does a lawyer render?
A. industrial services B. indirect services C. direct services D. commercial services Correct Answer: Option C – direct services
Land as a factor of production does not vary in?
A. quantity B. nature C. quality D. cost Correct Answer: Option A – quantity
A distinguishing characteristic of labour is that it is?
A. constant B. expensive C. mobile D. cost Correct Answer: Option C – mobileProducts
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