Business studies jss1 second term

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The major source of capital for Public Limited Liability Company is

 

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Public Limited Liability Company is owned by ------------------

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The maximum number of members in a private limited liability company

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The main purpose of cooperative society is to

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In cooperative Society every members have equal rights and votes.

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The common types of cooperative societies are

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Cooperative Society is managed by

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What is the maximum of number of persons that can be admitted into the society? (a) No maximu

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One of the disadvantages of Sole trade is ----------

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The simplest and most common form of business organization is

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Sole Trade is the business of ----------

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Another name for Sole Trade is

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The factor of production that organizes or coordinates other factors


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The reward for capital is

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---------- as a factor of production is a free gift of nature

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There are ------- forms of production

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The first form of production usually referred to as primary production consists of

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The activities or services engaged in by people in the society in order to earn a living are called

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The legal means by which people earn their living is called

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The exchange of goods for goods and services for services is called

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