Business And Commerce - Study Mode
[#86] Which of the following characteristics does not exist in a partnership organization?
Correct Answer
(A) Uninterrupted succession
[#87] Which of the following is not a characteristic of modern trade?
Correct Answer
(D) Exploitation of workers
[#88] A partnership agreement may be-
Correct Answer
(C) Oral or Written
[#89] Involved in commerce
Correct Answer
(D) Trade and its auxiliary
[#90] Fully paid-up shares are called __________.
Correct Answer
(B) Stock
Explanation
Solution: Fully paid-up shares are called Stock. Fully paid shares are shares issued for which no more money is required to be paid to the company by shareholders on the value of the shares.