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What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

Basic of Economics, Economics Mcqs /
What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?

A. Going legal
B. Book corporation
C. Chartered corporation
D. Incorporation

What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ? Read More »

Basic of Economics, Economics Mcqs

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

Basic of Economics, Economics Mcqs /
What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

A. Bonus
B. Up level
C. Goodwill
D. Upgradation

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Basic of Economics, Economics Mcqs

By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

Basic of Economics, Economics Mcqs /
By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

A. Foreclosure
B. Default
C. Bankrupt
D. None of these

By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ? Read More »

Basic of Economics, Economics Mcqs

Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?

Basic of Economics, Economics Mcqs /
Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?

A. Pagged exchanged rate
B. Fixed exchange rate
C. Relative exchange rate
D. Knotted exchange rate

Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ? Read More »

Basic of Economics, Economics Mcqs

An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

Basic of Economics, Economics Mcqs /
An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

A. European Currency System (ECS)
B. European Monetary Mechanism (EMM)
C. Common Monetary System (CMS)
D. European Monetary Fund (EMF)

An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ? Read More »

Basic of Economics, Economics Mcqs