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Professional Development, Business, Other

Professional Development

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Basic Commerce Quiz

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10 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Bonus Shares are issued to–

    Equity Shareholders

    Preference Shareholders

    Debenture Holders

    Secured Creditors

  • 2. Multiple Choice
    45 seconds
    1 pt

    Memorandum of Association contains–

    Objective clause

    Name clause

    Capital clause

    General Meeting Clause

    Auditor's Clause

  • 3. Multiple Choice
    30 seconds
    1 pt

    A and B were sharing profits of a business in the ratio of 3 : 2. They admit C into partnership, who gets 1/3 of A’s share of profit from A, 1/2 of B’s share of profit from B.

    The new profit sharing ratio will be–

    3 : 2 : 5

    2 : 1 : 2

    3 : 2 : 1

    3 : 2 : 2

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