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Globalization and Privatization


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

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8. 

Equity share holders are the company's

Answer : A. Owners

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9. 

Which one of the following is correctly matched?

Answer : A. Public Issues of shares- Companies

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10. 

The minimum number of Directors in the case of public Limited company is

Answer : B. 3

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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

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12. 

Barter system means

Answer : A. Direct exchange of goods for goods

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