Friday , October 23 2020

NAT I-COM Principles of Commerce Test-1

NAT I-COM Principles of Commerce Test-1

This is the First Test for the Series of NTS Online NAT Test for I.COM students covering the subject Principles of Commerce (POC). This test comprise of 20 Questions relating to Principles of Commerce (POC). This test help students to Test their ability in this particular subject and it will give them confidence to sit in the NTS Exams for NAT-I.COM Test.

Advertising expenses are met by:

Correct! Wrong!

In partnership, business decision are made:

Correct! Wrong!

International trade helps in:

Correct! Wrong!

The appointed directors of the company act as director for:

Correct! Wrong!

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Correct! Wrong!

The maximum strength of Public Ltd. Company’s shareholders is:

Industry relates to:

Correct! Wrong!

A person who take parts in economic activities to earn profit is called:

Correct! Wrong!

The formation of Joint Stock Company is maintained under:

Correct! Wrong!

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The liability of the shareholders of Public Ltd. Company is:

Correct! Wrong!

Word trade means:

Correct! Wrong!

The document through which the public is offered to purchase the shares of the company is called:

Correct! Wrong!

In partnership, the age of minor partner is:

Correct! Wrong!

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The persons who take part in the formation of the joint stock company are called:

Correct! Wrong!

Maximum number of partners in partnership business is:

Correct! Wrong!

Sole proprietorship is the:

Correct! Wrong!

In public limited company, the minimum number of shareholders are:

Correct! Wrong!

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Sole proprietorship is suitable for:

Correct! Wrong!

We call exchange of goods with goods:

Correct! Wrong!

In sole proprietorship, the capital is:

Correct! Wrong!

The second important document of Joint Stock Company is:

Correct! Wrong!

NAT I-COM Principles of Commerce Test-1
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