7.
Limited Liabilities means
Answer : B. shareholder is only liable for the debts of the company to the extent of the unpaid value of his shares
8.
Equity share holders are the company's
Answer : A. Owners
9.
Which one of the following is correctly matched?
Answer : A. Public Issues of shares- Companies
10.
The minimum number of Directors in the case of public Limited company is
Answer : B. 3
11.
Consider the following statements: I. Profit is the reward for uncertainty bearing II. Profit is the reward for risk bearing III. Profit is the reward for capital IV. Profit is the reward for labour
Answer : D. All are correct
12.
Barter system means
Answer : A. Direct exchange of goods for goods