In which form of Business, owners have limited liabi... - Solved MCQs & Answer

619FinanceMedium

In which form of Business, owners have limited liability?

Ajoint stock company

Bsole proprietorship

Cnone of the above

Dpartnership

Correct answer

A. joint stock company

Explanation

Share holders of a company have the liability up to the number of shares purchased or amount invested only.

As free bonds issue for welfare by industrial agencies or pollution control agencies are classified as__________?

The rules and regulations placed on bond holders and bond issuers are classified in _________?

Net income is $2250 and non cash charges are $1150 then net cash flow would be _________?