The term Cartel refers to ? A. A combination of firms for business purposes B. An official agreement between governments at war, especially for exchange of prisoners C. Unity of parties, factions or nations in a common causeD. All of…
Point out the term for producer goods such as machinery that is used in production of commodities ? A. Capital assets B. Running capitalC. Capital goods D. Hard capital
What is meant by capital stock ___________? A. Authorized amount of stock for issue by corporation B. The total stated or par value of the permanently invested capital of corporationC. Both of them D. None of them
Term the body of goods and monies from which future income can be derived ? A. Net assets B. Solid asset C. HoldingsD. Capital
What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ? A. Economic CycleB. Business Cycle C. Complete Cycle D. Cycle Business
How is termed the balance of investment and return; in which investment and return are exactly equal ? A. Break even B. Breakeven pointC. Both of them D. None of them
Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ? A. Bonus B. Overtime C. Prize D. Gift
A stock that sells at a high price because of public confidence in its long record of steady earnings is called ? A. Blue chip B. Blue Chipper C. An extremely valuable asset or propertyD. All of these
What is called the trade of goods or services without the exchange of money ? A. Free exchange B. Liberal ExchangeC. Barter D. Bilateral Trade
How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ? A. Bankruptcy B. Default C. Total loss D. Crash