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2561

The process of winding up a public limited company by a court order is known as

  • A. termination
  • B. dissolution
  • C. voluntary liquidation
  • D. compulsory liquidation
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2562

A person who undertakes responsibility for forming a new company is

  • A. auditor
  • B. solicitor
  • C. registrar
  • D. promoter
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2563

A term which describes the value of business connections made by a company over the years is known as

  • A. patent
  • B. copyright
  • C. goodwill
  • D. trade mark
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2564

The ancillary to trade which ensures that people have access to information pertaining to goods is

  • A. insurance
  • B. advertising
  • C. warehousing
  • D. banking
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2565

The insurance principle of indemnity does not apply to

  • A. fire insurance
  • B. life assurance
  • C. burglary insurance
  • D. marine insurance
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