Which is true about corporation ? A. It is worse type of business organization. B. The minimum number of incorporators to start a corporation is three. C. Its life is dependent on the lives of the incorporators.D. The stock holders…
Which is true about partnership ? A. It has a perpetual life B. It will be dissolved if one of the partners ceases to be connected with the partnershipC. It can be handed down from one generation of partners to…
In case of bankruptcy of a partnership________________? A. The partners are not liable for the liabilities of the partnershipB. The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities C. The partners personal assets…
Double taxation is a disadvantage of which business organization ? A. Sole proprietorship B. PartnershipC. Corporation D. Enterprise
What is the simplest form of business organization ? A. Sole proprietorship B. Partnership C. Enterprise D. Corporation
Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence ? A. Corporation B. Property C. Partnership D. Organization
While designing a project by an engineer, ______________should be taken into account to protect cultural heritage? A. All possible alternates B. No protection C. Minimum protection D. No care
How many commandments are given in PEC Code of Ethics? A. 20 B. 30C. 10 D. 05
As per PEC Code of Conduct a member shall report unethical professional practices of an engineer or a member with substantiating data to____________? A. Court of Law B. Concerned DepartmentC. Pakistan Engineering Council D. Law enforcing Agency
Engineering ethics refers to_______________? A. The rules and standards given by an institution for Engineering practice B. The rules and regulation relating to obligations and rights of others C. The professional regulationD. The rules and standards which govern the conduct…