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Basic of Economics

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

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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

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Basic of Economics, Economics Mcqs