Civil Engineering MCQs

2965 MCQs  (Page 296 of 297)

Which is true about corporation ?
A. It is worse type of business organization.
B. The minimum number of incorporators to start a corporation is three.
C. Its life is dependent on the lives of the incorporators.
D. The stock holders of the corporation are only liable to the extent of their investments.
What stock represents ownership and enjoys certain preferences than ordinary stock ?
A. Authorized stock
B. Preferred stock
C. Incorporator’s stock
D. Presidential stock
What is the simplest form of business organization ?
A. Sole proprietorship
B. Partnership
C. Enterprise
D. Corporation
Double taxation is a disadvantage of which business organization ?
A. Sole proprietorship
B. Partnership
C. Corporation
D. Enterprise