Termed the written statement which expresses the intention of undersigned to enter into a formal agreement ?
A. Letter of intent
B. Letter of Credit
C. Letter of Expression
D. Papers of Landing
Name the company in which the liability of the shareholders is limited to the amount of their shares ?
A. Limited company
B. Incorporation
C. Cooperative
D. Corporation
The term Mark-up refers to _______?
A. Rise in the price of an item for sale
B. An amount added to cost price in calculating selling price
C. Both of them
D. All of them
Term the exclusive right of one or more persons to carry on some branch of trade of manufacture It is a sole power of dealing in something ?
A. Encroachment
B. Monotony
C. Unipolarity
D. Monopoly
What is mortgage ____?
A. Conveyance of property as security for debt
B. Conveyance of company security for debt
C. Guarantee for debt
D. Assurance of debt repayment
What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?
A. National debt
B. Public debt
C. Both of them
D. None of them
What is called the amount of non-military foreign aid which a country received ?
A. Grands
B. Official Development Assistance (ODA)
C. Foreign aid
D. Friendly aid
Which term is used for the value imprinted on a security ?
A. Real value
B. Net value
C. Par value
D. Gross value
Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?
A. Price competition
B. Price support
C. Price war
D. Price battle
The term prospectus refers to ______?
A. Formal summary of proposed project
B. Document describing chief features
C. Both of them
D. None of them
