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776

The business organization that can effectively combine management with control is?

  • A. private limited liability company
  • B. sole proprietorship
  • C. public limited liability company
  • D. co-operation society
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777

When two or more companies agree to execute a project too large for one to handle, this is referred to as?

  • A. an amalgamation
  • B. a cartel
  • C. a merger
  • D. a consortium
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778

In the event of voluntary liquidation, the appointed of a liquidator is the responsibility of the?

  • A. directors
  • B. creditors
  • C. promoters
  • D. court
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779

A source of business financing which involves pledging of a specific assets is?

  • A. bond
  • B. mortage
  • C. debentures
  • D. loan
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780
An example of a trade association is?
  • A. ALGON
  • B. NLC
  • C. NURTW
  • D. NULGE
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