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Economics Past Questions and Answers

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Economics Questions

Question 811:

In the normal channels of distribution the breaking of bulk is performed by the

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A Producer
B Wholesaler
C Retailer
D Consumer

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Question 812:

The most important advantage of co-operative societies is?

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A Their high degree of democracy
B The increase inthe cost of marketing
C That member are encouraged to save money
D The possibility of raising loans for the members

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Question 813:

In a public company, shares are?

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A Sold to one person only
B Distributed freely
C Advertised to members of the public for subscription
D Disposed by the Chief Executive

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Question 814:

Which of the following is a characteristic of private limited liability company?

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A Its shares can be sold to the public
B The number of shareholders ranges from fifty to one hundred
C All shareholders have equal powers and responsibilities
D The number of shareholders ranges from two to fifty

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Question 815:

One of the advantages of a partnership over a sole proprietorship is that?

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A It is the most popular form of business organization
B The patern can easy withdraw from business
C It makes an increase in the capital of the business possible
D There is no limit to the number of people who may bring in capital

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